While experts focus on trying to explain the stock market's jumps and dives, we spend a little time cutting through the bull to get some different answers.
Investor Jack Bogle is leading a populist revolution on Wall Street. He wants everyday Americans to make a lot more money in the stock market and give less of their returns away to financial firms.
Selling after a market plunge, financial experts say, just locks in the loss and prevents investors from participating in the rebound. But human psychology can make that advice excruciating to follow.
Unlike 2008, the current turmoil didn't originate in the U.S., economist Austan Goolsbee notes. And this time, the economy is growing, banks aren't in danger and there's no credit crunch, he says.
Stock investors have to decide if the August downturn is just part of a normal zigzag pattern in any bull market, or the start of a bear market that could last for years.
Curtis Carroll taught himself to read in prison. He also discovered a passion for finance. Now inmates and guards seek out his advice, and everyone calls him Wall Street.
U.S. commodities — copper, corn, coal and more — are cheaper because of China's economic cooling. Producers got caught up in China's "teaser" demand for more of everything. It couldn't last.
The Nasdaq has closed at a new high. It last peaked just before the dot-com crash, and "Nasdaq 5,000" soon became code for stock market bubble. Does the record hold any of the same warnings today?
It's been more than four decades since Burton Malkiel published A Random Walk Down Wall Street. Eleven editions later, Malkiel hasn't wavered in his mantra of patience and broad investing.