Black Monday 1987: History of Wall Street

Image via WikipediaLessons learned

Commentary: On this day 23 years ago, the stock market crashed
 
By MarketWatch

CHAPEL HILL, N.C. (MarketWatch) — Today is a somber anniversary for anyone who is at least 45 years old.

And while anyone younger than that probably doesn’t remember what happened on Oct. 19, 1987, since they were not yet out of college, they should also study what happened on what came to be known as Black Monday. This includes most mutual fund managers, by the way.

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