1946 | Crash after the 2nd World War

Devaluation is the reduction of the nominal exchange rate of one’s own currency against foreign currencies when quoted in quantity. The opposite is revaluation.

-> Wikipedia

The Dow Jones Industrial Average (DJIA) – also known as the Dow Jones Index in Europe – is one of several stock indices created by the founders of the Wall Street Journal and the Dow Jones company, Charles Dow (1851-1902) and Edward Jones (1856-1920), in 1884.

Charles Dow compiled the index to measure the performance of the US stock market. The Dow Jones Index on the New York Stock Exchange (NYSE) is the oldest stock index still in existence in the USA after the Dow Jones Transportation Average and today is made up of 30 of the largest US companies.

-> Wikipedia

The Federal Reserve System, often called the Federal Reserve or simply the Fed (as the US Federal Reserve), is the central banking system of the United States.

-> Wikipedia

In the stock market, the word bull market (or bull market [os]; French for rise, increase) stands for persistently rising stock market prices, whereas bear market (or bear market [bɛs]; French for decline, decrease) stands for persistently falling prices. A “stock market cycle” comprises a bull market and a bear market.

-> Wikipedia

Hedge funds are actively managed investment funds in the financial sector whose business purpose is to make alternative investments and which therefore take on higher financial risks than classic investment funds.

-> Wikipedia

The S&P 500 (Standard & Poor’s 500) is a stock index comprising the shares of 500 of the largest listed US companies. The S&P 500 is weighted by market capitalisation and is one of the most widely followed stock indices in the world.

-> Wikipedia

The New Deal was a series of programs, pubIic work projects, financial reforms, and regulations enacted by President Franklin D. Roosevelt in the United States between 1933 and 1939.

-> Wikipedia