Patrick Boyle On Finance cover image

Patrick Boyle On Finance

The 1987 Crash - Wall Street History

Aug 30, 2022
28:13
Send us a textThe first global financial crisis erupted in the autumn of 1987 on a day known as “Black Monday.” A chain reaction of market distress sent stock exchanges around the world plummeting in a matter of hours. In the United States, the Dow Jones Industrial Average dropped 22.6 percent in a single trading session, a loss that remains the largest one-day stock market decline in history. At the time, it marked the sharpest market downturn in the United States since the Great Depre...

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