Will There Be Another Black Monday?
Below is a synopsis of this investment report:
- On October 19, 1987, the S&P 500 dropped over 20% for the single worst day in the history of the U.S. stock market.
- The fear ingrained into the minds of those who lived through Black Monday is a magnet for fear mongers.
- Charts that compare one year to another pop up all the time because they can easily distort the reality of the situation.
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