Halfpenny thought no.1- stock markets

british_pre-decimal_halfpenny_1967_reverse

Thoughts which aren’t even worth a penny

 

 

Whenever the stock markets slump, the news is always full of expressions like these ones I have collected:

“Apple fails yet again, $123B vanishes.”

“Investors’ billions vanish as NSE returns worst performance in four years.”

“Bad Year for Japan Banks as $95 Billion of Value Vanishes.”

 

If money vanishes, then the opposite should also be true. Why is it then that when stock markets surge no one ever writes anything like this ?

“$123B materialises overnight.”

“Investors showered by magically appearing billions.”

“$95 Billion of Value suddenly shows up.”

 

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