alexa Have We Learned from Previous Stock Meltdowns?

OMICS International organises 3000+ Global Conferenceseries Events every year across USA, Europe & Asia with support from 1000 more scientific societies and Publishes 700+ Open Access Journals which contains over 50000 eminent personalities, reputed scientists as editorial board members.

Have We Learned from Previous Stock Meltdowns?

It’s been seven years since the last financial meltdown. Let’s consider the situations that generated the meltdowns of the past 30 years and ask whether markets have changed. Finance is a quantitative discipline. Yet during past twenty years, the mathematics of finance has become so complex and integral to the understanding of financial products that few who buy, sell or create the products of Wall Street understand the ramifications of the assumptions imbedded in the products being sold. An analysis of the role of the quants in the recent history of financial innovation and market meltdowns is illuminating. In particular, a review of the role of derivatives in the meltdowns since 1987 is useful to understand.

 
  • Share this page
  • Facebook
  • Twitter
  • LinkedIn
  • Google+
  • Pinterest
  • Blogger
 
adwords