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Markets are constantly in a state of uncertainty and flux and money is make by discounting the obvious and betting on the unexpected. - George Soros

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Entries Tagged ‘1987 Black Monday’

Top 10 Worst Stock Market Crashes

Most of the top 10 crashes happened over more than one year rather than over a few days (such as the 1987 Black Monday). Only data on stock market crashes after 1900 are included. 6 out of the top 10 crashes started in either September or November.
Worst Stock Market Crash: 1930-1932
This is the grand daddy [...]

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Stock Mkt Plunge Spurs Debate On Early Rate Cut

NEW YORK (Dow Jones)–Unprecedented events in financial markets have left
economists uncertain whether a continued bloodbath in the stock market would
drive the Federal Reserve toward an emergency rate cut.
Some leading economists had already thought the Fed would opt for emergency
action after Friday’s dismal report on hiring in September. Those expectations
were renewed Monday amid a massive route [...]

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