What is the stock market crash of 1987 and why is it trending now?
- Black Monday, the stock market crash of 1987, occurred on October 19th, causing market turmoil.
- Several factors, like trade deficits and rising interest rates, led to the historic crash.
- Margin calls increased to ten times the average, and investors sold to meet them.
- The Dow Jones fell 22.6%, and the New York Stock Exchange lost over $500 billion.
- Investor panic and difficulty accessing information amplified the market's sharp decline that day.
24 Articles
24 Articles
It happens during a stock market crash – "Bloodyest in a long time"
The depression, the pandemic and Black Monday 1987. The stock market crash of recent days has experts drawing parallels to some of the worst events in economic history. – This is one of the biggest crashes we have experienced, says Daniel Waldenström.
CSotD: Here We Are Again
I’d been at the paper — not the above paper, mind you — for about four months when the markets crashed in 1987 and I had to suddenly learn about stocks and bonds and such. Fortunately, I’d just spent three or four years writing about residential real estate and commercial development, so it was more […]
The Stock Market Crash of 1987: What Can We Learn from 'Black Monday'?
Key highlights: In 1987, the US stock market crashed by more than 20% in a single day The underlying causes for the crash are still debatable What can we learn from 1987's Black Monday in light of the recent market turmoil resulting from a negative macroeconomic and geopolitical landscape? Since it became apparent in early 2020 just how dire the economic consequences of the COVID-19 pandemic would be, global stocks saw an initial downturn of o…
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