I know their is many times a chain reaction when one market has a bad day the others do as well.
Do you think Wall Street starts the chain reaction more or do you think the London stock exchange does or Asia or what?
Who is the leader ? what are the reasons for this?
2007-01-22 02:53:26 · 4 answers · asked by Anonymous in Business & Finance ➔ Investing
It works both ways, but Wall Street probably affects the other markets in the world a little more than they affect Wall Street.
Wall Street is the leader, because it is the largest marketplace, with the more money than any other.
2007-01-22 03:26:19 · answer #1 · answered by ? 6 · 0⤊ 0⤋
In UK we say when Wall Street catches a cold, London gets pneumonia.
2007-01-24 13:28:03 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Typically Wall Street 'leads', however these days the 'lag' is very short - so unless you monitor Share prices at 1 miniute intervals you won't see the difference...
2007-01-22 04:13:20 · answer #3 · answered by Steve B 7 · 0⤊ 0⤋
both- recall one of Newton's Laws of motion - for every action there is an equal but opposite reaction.
2007-01-22 04:30:12 · answer #4 · answered by vikram b 2 · 0⤊ 0⤋