Remember Black Monday, October 19, 1987?? Well, Tomorrow Is The Anniversary Of The Biggest Market Crash In History And, Who Knows What Might Happen!! Being a genxer, I'm old enough to remember the "dreaded" day of October 19th, 1987, the Monday which would forever live in infamy, as the Dow crashed over 700 points that day. While circuit breakers and regulations in its aftermath, have been effective in preventing another such "big" crash (even at the heights of the global financial crisis of 2008), in today's terms, Black Monday is the equivalent of a nearly 7,000 point drop in a single day!! Let that sink in!! Wiping a quarter of equity wealth is no mean "feat" and for this reason alone, Black Monday is feared by investors and funds alike.
Remember Black Monday, October 19, 1987??
Remember Black Monday, October 19, 1987??
Remember Black Monday, October 19, 1987??
Remember Black Monday, October 19, 1987?? Well, Tomorrow Is The Anniversary Of The Biggest Market Crash In History And, Who Knows What Might Happen!! Being a genxer, I'm old enough to remember the "dreaded" day of October 19th, 1987, the Monday which would forever live in infamy, as the Dow crashed over 700 points that day. While circuit breakers and regulations in its aftermath, have been effective in preventing another such "big" crash (even at the heights of the global financial crisis of 2008), in today's terms, Black Monday is the equivalent of a nearly 7,000 point drop in a single day!! Let that sink in!! Wiping a quarter of equity wealth is no mean "feat" and for this reason alone, Black Monday is feared by investors and funds alike.