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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.
28 October 1929 – Stock markets in the United States began to crash as part of the Wall Street crash of 1929. 19 October 1987 – Black Monday (1987) Stock markets around the world crashed, shedding a huge value in a very short time. 29 September 2008 – Great Recession.
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 ...
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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October 25 – 1987 World Series: The Minnesota Twins defeat the St. Louis Cardinals despite having the worst regular season win–loss ratio for a winner, a record they hold until 2006. October 26 – The Dow Jones Industrial Average goes down 156.83 points; at the time it is the second largest decrease ever (trailing Black Monday).
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