Anniversary of 1987 stock market crash
The market crash of 1987 was twenty-four years ago today. Remember? I was studying for my law school entrance exams, not trading. But I can recall it was big news, dominating every television broadcast.
“Older” people then could remember the Depression, but no one else had experienced a true “panic” in their lifetimes. It was also astounding to people how fast the market recovered, and how the country did not automatically go belly-up completely.
Anyone else remember the crash of ’87?
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