– Next Wall Street Crash looms? Lessons on anniversary of crash – 30 years since stock market ‘Black Monday’ crash of 1987 – Dow Jones Industrial Average fell 22.6% on October 19, 1987 – S&P 500, FTSE and DAX fell 20%, 11% & 9% respectively – Gold rose 24.5% in 1987 (see chart), acting as safe haven – Prior to crash, stocks hit successive record highs despite imbalances – Imbalances that lead to 1987 crash are...
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