11/09/18

4 Lessons About Lehman, And The Subsequent Meltdown In Global Markets



----
4 Lessons About Lehman, And The Subsequent Meltdown In Global Markets
// RSS

Submitted by Nick Colas of DataTrek

We aren't much for financial market anniversaries, but later this week will mark 10 years since Lehman Brother's bankruptcy. We have 4 lessons about that event, and the subsequent meltdown in global equities.

With the 10th anniversary of Lehman Brothers coming up at the end of the week, I got to thinking about what that event really taught me about how markets function. Work on Wall Street long enough and you start to feel a little like Forest Gump, unwittingly inserted into random bits of history. Lehman and the Financial Crisis wasn't my first rodeo but it was certainly the most memorable.

A few thoughts:

#1. Financial market turbulence is inevitable. History is clear enough on that point. There have been speculative bubbles for ...

Posta un commento