Stock market bubble
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A stock market bubble is a type of economic bubble taking place in stock markets when market participants drive stock prices above their value in relation to some system of stock valuation.
Courtyard of the Amsterdam Stock Exchange (Beurs van Hendrick de Keyser) by Emanuel de Witte, 1653.
Philippine stock market board
John Law's Company
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John Law's Company, founded in 1717 by Scottish economist and financier John Law, was a joint-stock company that occupies a unique place in French and European monetary history, as it was for a brief
Stock market bubble
…the 1630s, is generally considered the world's first recorded speculative bubble (or economic bubble). Two famous early stock market bubbles were the Mississippi Scheme in France and the South Sea bubble in England. Both bubbles came to an abrupt end in 1720, bankrupting thousands of unfortunate investors. Those stories…
Coat of arms of the Indies Company, with the reclining figure representing the Mississippi River taken from Law's Compagnie d'Occident, and the motto Florebo quocumque ferar taken from Louis XIV's East India Company
Hôtel Tubeuf in Paris, seat of the Indies Company from 1720
The Company's outpost at Biloxi, December 1720
Satirical cartoon from 1720, the text in the centre reads: "Representation of the very famous island of Mad-head, lying in the sea of shares, discovered by Mr. Law-rens, and inhabited by a collection of all kinds of people, to whom are given the general name shareholders"