Dow Jones Stock Average
E. Gerald Corrigan, Who Helped Ease ’87 Stock Crash, Dies at 80
E. Gerald Corrigan, who as the aggressive president of the New York Federal Reserve Bank helped cushion Wall Street’s crash in the late 1980s, died on May 17 in a memory-care center in Dedham, Mass. He was 80. The cause was complications of Alzheimer’s disease, his daughter Elizabeth Corrigan said. As president of the Federal […]
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Why Midterm Election Years Are Tough for the Stock Market
These efforts often contribute to strong stock market returns leading up to presidential elections, when it is in presidents’ greatest interest to stimulate the economy. In the first half of a presidential term, however, when the White House and Congress get down to the mundane business of governing, there is frequently a compelling need to […]
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Russia-Ukraine Crisis Shakes Markets, but Long-Term Outlook Is Better
Even so, long-term investors with well-diversified portfolios of stocks and high-quality bonds — whether held directly or through low-cost mutual funds and exchange-traded funds — will probably be able to ride out this crisis, as they have so many others. While stocks often fall amid global turmoil, U.S. Treasury bonds tend to rally as investors […]
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