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Black Monday (also known as Black Tuesday in some parts of the world due to time zone differences) was a global, severe and largely unexpected [1] stock market crash on Monday, October 19, 1987. Worldwide losses were estimated at US$1.71 trillion. [ 2 ]
While working as a stock analyst at Shearson Lehman, she became known for predicting Black Monday, the stock market crash of 1987. As indicated in the Wall Street Journal article on October 28, 1987, “Ms. Garzarelli, a research analyst and money manager for Shearson Lehman Brothers, Inc., turned bearish on Sept. 9.
Oct. 19, 1987 was the day of the largest one day stock market drop in history -- and then-real estate investor Donald Trump claimed to have seen it coming. Oct. 19, 1987 was the day of the largest ...
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The 12.4% loss on the Nikkei — which saw it close at 31,458.42 — was the worst day for the index since the “Black Monday” of 1987. The loss of 4,451.28 points on the index was also the ...
As he turned to leave, the room was silent. Doctors, nurses, and patients' family members were huddled in a tight ring under the TV set on the wall. Numbers were scrolling by on the screen. Their own problems were set aside as they watched an even larger crisis unfolding. It was Black Monday, 1987, the biggest stock market crash since 1929.
Société Générale’s Albert Edwards said that while some economists are expecting a soft landing his “view is that a recession still lurks.” Top strategist sees ‘echoes of the 1987 crash ...
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