was an accounting scandal sparked by American energy company filing for bankruptcy after news of widespread internal fraud became public in October 2001
Enron Scandal
What country has the highest GDP
USA
What does S&P stand for in the S&P 500
Standard and Poor
EPS
Earnings per share
Who is the Vice President of the USA
JD Vance
was triggered by the collapse of the housing bubble in the United States. It resulted in a severe global recession
2008 financial crisis
Current inflation rate
In between 2% and 3%
DOUBLE POINTS IF 2.9% is guessed
When is open and close of the markets
9:30 am and 4:00 pm
Fed
Federal Reserve System
an economist will tell you that the technical definition reflects two straight calendar quarters of negative growth of real GDP. What is the term?
Recession
rapid rise in the stock prices of internet-based companies. Its burst led to significant financial losses.
Dot-com bubble
Current unemployment rate/percentage
4%
Name 4 MAG7 companies
Amazon, Apple, Meta Platforms, Microsoft, NVIDIA, and Tesla, Google/Alphabet
ROE
Return on equity
Largest bank with assets under management
JPMorgan Chase
was the fourth-largest investment bank in the U.S. employing 25,000 people worldwide when it collapsed, The bank filed for bankruptcy on Sept. 15, 2008. Hundreds of employees, mostly dressed in business suits, left the bank's offices with boxes in their hands
Lehman Brothers Collapse
Who is the father of modern economics
Adam Smith
How many days out of the year is the stock market open
250
SEC
Securities and Exchange Commission
CEO of JP Morgan
Jamie Dimon
also known as the energy crisis, countries to embargo exports to countries that supported Israel during the Yom Kippur War in 1973. The embargo was led by the Organization of Petroleum Exporting Countries (OPEC)
Oil crisis of the 1970s
Chair of the FED
Jay Powell
Oldest Stock exchange in the world
Amsterdam's stock exchange
EBITDA
Earnings before Interest, Taxes, Depreciation, Amortization
"A Rogue Economist Explores the Hidden Side of Everything" is the subtitle of what 2005 book that spawned a public interest in behavioral economics and led to multiple sequels and a long-running podcast?
Freakonomics