In the United States, the Dow Jones and the Nasdaq
Posted: Sun Jan 12, 2025 6:13 am
accompanied by Quantitative Easing QE policies of the central banks, in this case the repurchase of sovereign and even corporate bond debts with liquidity injections. This makes it possible to postpone the structural reforms of public finance management in the countries of the European Union linked to a lack of sustainable fantuan database political decisions, particularly in France. The only possible alternative to the anemic, even negative, returns of the bond and money markets then lies in equity investments. In France, the CAC 40 (at its highest historical level, 6944 points, on September 4, 2000, at its lowest in 2008 (during the session) at 2350 points) progressed laboriously to 6111 points on February 11, 2020, after a 23% increase in 2019, to collapse on March 9 to 4707.91 points, a drop of 23% compared to its highest level. In a few hours, the CAC 40 returned to the level of December 2018…
fell by 7.79% to 23,851.02 points and 7.29% to 7,950.67 points respectively. Just after the opening of trading on Wall Street, it had to be interrupted for about twenty minutes due to a sudden 7% drop in the S&P 500. This circuit breaker principle is triggered each time this drop threshold is reached. This sudden acceleration of losses on the financial markets, after two already very bad weeks, was also amplified by the drop in oil prices (the biggest in 19 years) in response to Saudi Arabia's announcement of a reduction in its selling prices. The barrel of Brent from the North Sea, listed in London, fell by almost 21% to 36.09 dollars, after a plunge of 31.5% at the worst of the morning, the second biggest drop in its history after that of January 17, 1991, during the first Gulf War. This plunge was reinforced by fears of recession while the coronavirus epidemic gained momentum this weekend and the economic heart of Italy was placed in quarantine on Sunday, and even the whole country since this Tuesday. This oil crisis was initiated by Saudi Arabia which chose the option of the price war by announcing an increase in its production to more than 10 million barrels per day in April 2020, after the failure of the discussions between OPEC and Russia on a new reduction of quotas.
fell by 7.79% to 23,851.02 points and 7.29% to 7,950.67 points respectively. Just after the opening of trading on Wall Street, it had to be interrupted for about twenty minutes due to a sudden 7% drop in the S&P 500. This circuit breaker principle is triggered each time this drop threshold is reached. This sudden acceleration of losses on the financial markets, after two already very bad weeks, was also amplified by the drop in oil prices (the biggest in 19 years) in response to Saudi Arabia's announcement of a reduction in its selling prices. The barrel of Brent from the North Sea, listed in London, fell by almost 21% to 36.09 dollars, after a plunge of 31.5% at the worst of the morning, the second biggest drop in its history after that of January 17, 1991, during the first Gulf War. This plunge was reinforced by fears of recession while the coronavirus epidemic gained momentum this weekend and the economic heart of Italy was placed in quarantine on Sunday, and even the whole country since this Tuesday. This oil crisis was initiated by Saudi Arabia which chose the option of the price war by announcing an increase in its production to more than 10 million barrels per day in April 2020, after the failure of the discussions between OPEC and Russia on a new reduction of quotas.