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REVEALED: Three things we learned from black monday 1987 | Vintage Vibes

Black Monday John J Murphy US Federal Reserve Stock Market United States the Federal Reserve
  • On Monday October 19, 1987 global stock markets crashed, with the US Dow Jones Industrial Average falling 508 points (22.6%).
  • And while the crash sent shock waves across the global economy, it did not equate said economies to the stock markets, as some continue to believe.
  • Shortly after the dust had settled on Black Monday, buyers started to emerge, sowing the seeds for what would become my Market Rule #7: Stock markets go up over time. 
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