The Big Bang

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Even if you don't actually own stock in foreign companies, their performance can provide great insight into the future performance of the American markets. The day of the Big Bang marked the beginning of a global market. As the increased globalization of trades continues, the effects of a day's trading around the world will continue to directly affect the performance of other international markets. A recent example was the collapse of many Asian markets, an event that dealt a fierce blow to the stability of the American markets. International investors who were awake during the open hours of Asian trading were aware of the impending damage hours before the American exchanges even opened. In this particular example, I'm proud to say that the American markets were strong enough to withstand the blow, and the damage was quickly repaired.

Plain English

The Big Bang was a red-letter day in trading history. On October 27, 1986, the London Stock Exchange dropped its restrictions on allowing foreign investors to participate in their markets. Symbolically, this day represents the unification of markets around the world into one global marketplace .

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