Summary This chapter describes the 1987 stock market crash, a recession, recovery and monetary deflation. The dollar was sliding lower as Greenspan entered office in August 1987, pushed down by the endless jawboning of Treasury Secretary James Baker. A falling dollar would have been particularly ...
The stock market crash of 1987 was a rapid and severe downturn in U.S. stock prices that occurred over several days in late October 1987. While the crash originated in the U.S., the event impacted every other major stock market in the world. In the five years leading up to the 1987 ...
The stock market crash of 1987 was a rapid and severe downturn in U.S. stock prices that occurred over several days in late October 1987. While the crash originated in the U.S., the event impacted every other major stock market in the world. In the five years leading up to the 1987 ...
The 1987 Market Crash Before October 19, 1987, few people believed the stock market could fall 10% or more in a single day. The last time it happened was almost six decades earlier on October 29, 1929. That day is known as Black Tuesday. Before Black Tuesday, the worst day was the d...
R. 1988. “Studies of the 1987 Stock Market Crash: Review and Appraisal.” working paper, Center for the Study of Futures Markets, Columbia University.Franklin R. Edwards.  Studies of the 1987 stock market crash: Review and appraisal[J]. Journal of Financial Services Research . 1988 (3...
/ No Comments It was the defining moment of the 1980s, October 19th 1987, the Dow Jones Industrial Average plunged 508 points, the largest single day drop in the history of the stock market and the world braced itself for another great depression but it was Tuesday October 20th that the ...
See:Here’s one key factor that amplified the 1987 stock-market crash “The other big difference is that we’ve already gone down 20% this year,” Young said. While there may be more downside, it’s difficult to see what could trigger a comparable one-day downdraf...
Thirdly, the Johannesburg Stock Exchange (JSE) followed emerging market behaviour very closely during the October 1987 crash, although more generally, the JSE's behaviour appears to be dominated by the influence of the NYSE. Finally, we investigate the immediate vicinity of the 198? crash, and ...
In a questionnaire survey we asked Japanese institutional investors to recall what they thought and did during the worldwide stock market crash in October 1987. The results confirm that the drop in U.S. stock prices was the primary factor on their minds, and other news stories in the United...
94%. In other words, this model shows that the stock market of the past eight years is trading similar to the stock market of the 1980s. The implication? A repeat of the 1987 crash is looming for the stock market. According to the analog model, the S&P 500 is due for a 30%-plus...