ThinkFinance.org

On Tuesday October 29th, 1929, Wall Street witnessed a 13% decline in the Dow Jones, an episode that became known in financial mythology as “Black Tuesday.” It is generally recognized that Black Tuesday was the beginning of the Great Depression. Between early September and the end of October 1929 the market lost a total of 40% in less than 8 weeks. In reality Black Tuesday was just the end of the beginning of the crash on Wall Street. As you can see from the graph below, the market continued to fall for several years after Black Tuesday. By the end of the slide some pundits conjectured that the market might actually go to zero. From its high of 386.10 in September ’29 to its low of 40.60 on July 29, 1932, the market had lost a total of 89%!

Barack Obama is a Born Again Christian

He is Not a Muslim, even though his Father was a Muslim, but he was never raised by his Muslim Father.

He has been a Christian almost all his conscious life.

As of December 2008, he is 47 years old.
Barack Obama was born on the 4th of August 1961 in Honolulu, Hawaii.

Here is Obama's Economic Plan for US

1.
Barack Obama will provide a tax cut for working families:

Obama and Biden will restore fairness to the tax code and provide 95 percent of working Americans the tax relief they need. They will create a new "Making Work Pay" tax credit of up to $500 per person, or $1,000 per working family.

2
Provide tax relief for small businesses and startups:

Obama and Biden will eliminate all capital gains taxes on startup and small businesses to encourage innovation and job creation.

3
Fight for fair trade:

Obama and Biden will fight for a trade policy that opens up foreign markets to support good American jobs. They will use trade agreements to spread good labor and environmental standards around the world

Yes the immigrants help the US Economy.

The legal Professional immigrants are a big lot of Tax-payers, which is beneficial for the US economy, especially at the time when the Baby-boomers are retiring.

Yes US Economy is in Recession and its official now.

Falling Stock Markets

The falling stock markets are mainly a reflection of the economic and financial weakness. In particular the problem stems from the lack of confidence. One of the most worrying feature has been the way credit markets have 'frozen' 3 times in the past few months. The problem is even acute in triple AAA markets where loans are supposed to be very safe.

The Sensex has a very important function. The Sensex acts as an indicator of the stocks in the BSE. It is supposed to show whether the stocks are generally going up, or generally going down.

To perform this accurately, the Sensex is calculated taking into consideration stock prices of 30 different BSE listed companies. It is calculated using the “free-float market capitalization” method, which is a world wide accepted method as one of the best methods for calculating a stock market index.

What is the Name of German Stock Exchange?

Frankfurt stock exchange is the biggest stock exchange in Germany.

Other Stock Exchanges in Germany are:
Stuttgart stock exchange
Munchen stock exchange
Hamburg stock exchange
Berlin stock exchange
Bavarian stock exchange
Dusseldorf stock exchange

These are The Stock Exchanges in United States

AMEX, United States
New York Stock Exchange (NYSE),United States
NASDAQ, United States
The Arizona Stock Exchange, United States
Chicago Stock Exchange, United States
Chicago Board Options Exchange, United States
Chicago Board of Trade, United States
Chicago Mercantile Exchange, United States
Kansas City Board of Trade, United States
Minneapolis Grain Exchange, United States
Pacific Stock Exchange, United States
Philadelphia Stock Exchange, United States