October 1987 Stock Market Decline
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Memories of Black Monday: Traders at the New York Stock Exchange recall the disastrous day on Wall Street on October 19 1987, when US shares fell more than 20 per cent. Read more at: http://on.ft.com/2gQp0ZO | Financial Times
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October 19, 1987 Stock Market crash, will it happen again? #blackmonday #80s #economics #war #iran
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In October 1987 The Stock Market Crashed 22% In A Single Day #proptrading #tradingpsychology
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W on Instagram: "On October 19, 1987, the markets of the world awakened the chaos. The Dow Jones collapsed almost 22% in a single day. Fue la maior caída percentual en la historia de Wall Street. The collapse did not have a single cause: automatic orders, overvalued actions and a collective panic will ignite the mecha. In a matter of hours, miles of millions in market value Disappeared as if they had never existed. That day was recorded forever as Black Monday. Subscribe from the link in my prof
2.7K views3 months ago
Instagramqwr1472581993
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$500 billion vanished in one day The 1987 stock market crash erased $500 billion in a single day. In today’s terms, that would be like the Dow dropping 9,700 points before dinner. In just six hours, 22% of the entire stock market was deleted. What made this crash different is that there was no war, no bankruptcies, no bad news. The cause was a so-called safety system called portfolio insurance, the first time Wall Street let computers take the wheel. When the selling started, the systems fed on
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