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Mark Twain Effect
In some stock markets, the Mark Twain effect is the phenomenon of stock returns in October being lower than in other months. The name comes from a line in Mark Twain's Pudd'nhead Wilson: "October. This is one of the peculiarly dangerous months to speculate in stocks. The others are July, January, September, April, November, May, March, June, December, August, and February." The quotation is a sarcastic assertion that speculation in stocks is always dangerous. The fact that Twain specifically picks out October initially is taken as a reference to an "October effect", as exemplified by the 1929, 1987 and 2008 stock market crashes which roughly occurred in October. See also *January effect The January effect is a hypothesis that there is a seasonality, seasonal market anomaly, anomaly in the financial market where security (finance), securities' prices increase in the month of January more than in any other month. This calendar effec ... References Stock market Calendar effec ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Stock Market
A stock market, equity market, or share market is the aggregation of buyers and sellers of stocks (also called shares), which represent ownership claims on businesses; these may include ''securities'' listed on a public stock exchange, as well as stock that is only traded privately, such as shares of private companies which are sold to investors through equity crowdfunding platforms. Investment is usually made with an investment strategy in mind. Size of the market The total market capitalization of all publicly traded securities worldwide rose from US$2.5 trillion in 1980 to US$93.7 trillion at the end of 2020. , there are 60 stock exchanges in the world. Of these, there are 16 exchanges with a market capitalization of $1 trillion or more, and they account for 87% of global market capitalization. Apart from the Australian Securities Exchange, these 16 exchanges are all in North America, Europe, or Asia. By country, the largest stock markets as of January 2022 are in th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Economic Times
''The Economic Times'' is an Indian English-language business-focused daily newspaper. It is owned by The Times Group. ''The Economic Times'' began publication in 1961. As of 2012, it is the world's second-most widely read English-language business newspaper, after ''The Wall Street Journal'', with a readership of over 800,000. It is published simultaneously from 14 cities: Mumbai, Bangalore, Delhi, Chennai, Kolkata, Lucknow, Hyderabad, Jaipur, Ahmedabad, Nagpur, Chandigarh, Pune, Indore, and Bhopal. Its main content is based on the Indian economy, international finance, share prices, prices of commodities as well as other matters related to finance. This newspaper is published by Bennett, Coleman & Co. Ltd. The founding editor of the paper when it was launched in 1961 was P. S. Hariharan. The current editor of ''The Economic Times'' is Bodhisattva Ganguli. ''The Economic Times'' is sold in all major cities in India. Other ventures In June 2009, The Economic Times launched a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mark Twain
Samuel Langhorne Clemens (November 30, 1835 – April 21, 1910), known by his pen name Mark Twain, was an American writer, humorist, entrepreneur, publisher, and lecturer. He was praised as the "greatest humorist the United States has produced", and William Faulkner called him "the father of American literature". His novels include ''The Adventures of Tom Sawyer'' (1876) and its sequel, ''Adventures of Huckleberry Finn'' (1884), the latter of which has often been called the " Great American Novel". Twain also wrote ''A Connecticut Yankee in King Arthur's Court'' (1889) and '' Pudd'nhead Wilson'' (1894), and co-wrote The Gilded Age: A Tale of Today (1873) with Charles Dudley Warner. Twain was raised in Hannibal, Missouri, which later provided the setting for ''Tom Sawyer'' and ''Huckleberry Finn''. He served an apprenticeship with a printer and then worked as a typesetter, contributing articles to the newspaper of his older brother Orion Clemens. He later became a river ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pudd'nhead Wilson
''Pudd'nhead Wilson'' (1894) is a novel by American writer Mark Twain. Its central intrigue revolves around two boys—one, born into slavery, with 1/32 Black American, black ancestry; the other, White American, white, born to be the master of the house. The two boys, who look similar, are switched at infancy. Each grows into the other's social role. The story was serialized in ''The Century Magazine'' (1893–1894), then published as a novel in 1894. Plot The setting is the fictional frontier town of Dawson's Landing on the banks of the Mississippi River in the first half of the 19th century. David Wilson, a young lawyer, moves to town, and a clever remark of his is misunderstood, which causes locals to brand him a "pudd'nhead" (nitwit). His hobby of collecting fingerprints does not raise his standing in the eyes of the townsfolk, who consider him to be eccentric and do not frequent his law practice. "Pudd'nhead" Wilson is left in the background as the focus shifts to the slave ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Arizona State University
Arizona State University (Arizona State or ASU) is a public research university in the Phoenix metropolitan area. Founded in 1885 by the 13th Arizona Territorial Legislature, ASU is one of the largest public universities by enrollment in the U.S. One of three universities governed by the Arizona Board of Regents, ASU is a member of the Universities Research Association and classified among "R1: Doctoral Universities – Very High Research Activity". ASU has nearly 150,000 students attending classes, with more than 38,000 students attending online, and 90,000 undergraduates and nearly 20,000 postgraduates across its five campuses and four regional learning centers throughout Arizona. ASU offers 350 degree options from its 17 colleges and more than 170 cross-discipline centers and institutes for undergraduates students, as well as more than 400 graduate degree and certificate programs. The Arizona State Sun Devils compete in 26 varsity-level sports in the NCAA Division I Pac ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Stock Market Crash
A stock market crash is a sudden dramatic decline of stock In finance, stock (also capital stock) consists of all the shares by which ownership of a corporation or company is divided.Longman Business English Dictionary: "stock - ''especially AmE'' one of the shares into which ownership of a company ... prices across a major cross-section of a stock market, resulting in a significant loss of paper wealth. Crashes are driven by panic selling and underlying economic factors. They often follow speculation and economic bubbles. A stock market crash is a social phenomenon where external economic events combine with crowd psychology in a positive feedback loop where selling by some market participants drives more market participants to sell. Generally speaking, crashes usually occur under the following conditions: a prolonged period of rising stock prices (a Market trend#Market terminology, bull market) and excessive economic optimism, a market where price–earnings ratios exce ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
January Effect
The January effect is a hypothesis that there is a seasonality, seasonal market anomaly, anomaly in the financial market where security (finance), securities' prices increase in the month of January more than in any other month. This calendar effect would create an opportunity for investors to buy stocks for lower prices before January and sell them after their value increases. As with all calendar effects, if true, it would suggest that the market is not Efficient-market hypothesis, efficient, as market efficiency would suggest that this effect should disappear. The effect was first observed around 1942 by investment banker Sidney B. Wachtel. He noted that since 1925 small stocks had outperformed the broader market in the month of January, with most of the disparity occurring before the middle of the month. It has also been noted that when combined with the four-year US presidential cycle, historically the largest January effect occurs in year three of a president's term. The mo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Stock Market
A stock market, equity market, or share market is the aggregation of buyers and sellers of stocks (also called shares), which represent ownership claims on businesses; these may include ''securities'' listed on a public stock exchange, as well as stock that is only traded privately, such as shares of private companies which are sold to investors through equity crowdfunding platforms. Investment is usually made with an investment strategy in mind. Size of the market The total market capitalization of all publicly traded securities worldwide rose from US$2.5 trillion in 1980 to US$93.7 trillion at the end of 2020. , there are 60 stock exchanges in the world. Of these, there are 16 exchanges with a market capitalization of $1 trillion or more, and they account for 87% of global market capitalization. Apart from the Australian Securities Exchange, these 16 exchanges are all in North America, Europe, or Asia. By country, the largest stock markets as of January 2022 are in th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
