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Black Tuesday

Black Tuesday - Black Tuesday took place on October 29 in the year 1929 and was probably the most famous stock market crash ever to be remembered in stock market history. On this day, the stock market's stocks lost 13 percent of their value and due to this, it was considered to be the event that began the great depression, where hundreds of people were unemployed and suffered considerable hardships for the next few years that followed the stock market crash that occurred on Black Tuesday. Today, many of the people who suffered through those hard times have died, but the legend lives on.

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Definition of the Day Deferred Tax Asset

Definition: A deferred tax asset is created by overpaying taxes during a given time period.  This usually occurs as a result of timing differences based on how the company depreciates its assets.  This deferred tax asset reduces the company's tax liability in the future.Advice: Deferred tax assets are good because...

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