Connect with us


This is the last chart investors need to see ahead of the ‘Black Monday’ market crash anniversary – MarketWatch



post featured image

The late 1980s was a great time for hair bands and parachute pants. For much of the decade, it was also great for stock markets around the world.The 19 biggest markets globally averaged a return of 296% from August 1982 to August 1987, according to government data. The Dow Jones Industrial Average
exploded from 776 to 2,722 in those years, including a 44% surge through the first eight months of 1987 alone. But, on October 19, 1987, it got ugly in a hurry.
Unsettling financia…

Click here to view the original article.

You might also like ...

post featured image
See the winners of our 2020 Halloween Pet Costume Contest – Minneapolis Star Tribune
post featured image
The great divergence: U.S. COVID-19 economy has delivered luxury houses for some, evictions for others – Reuters
post featured image
Here’s What JPMorgan Chase CEO Jamie Dimon Thinks Will Happen in the U.S. Election – Motley Fool