Stock market heading for black monday crash of 1987

Stock market heading for black monday crash of 1987

Posted: gooodboy Date: 21.07.2017

The volatility we've experienced in recent weeks is nothing compared to what we witnessed 27 years ago.

Will the Next Stock Market Crash Cause a Recession?

Martin Zweig, the legendary Wall Street analyst who passed away in February , appeared on Louis Rukeyser's PBS show "Wall Street Week" on Friday, October 16, Amid recent market volatility, some have compared the current environment to what was seen ahead of the crash, as the economy doesn't appear headed for a imminent recession, but the bull market seems to be a bit tired.

And in , in spite of the sharp sell off, the economy did avoid recession and the market finished the year flat.

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The whole video from Rukeyser's show that week is available on YouTube in three parts, and the whole thing is worth watching, not just for a glimpse of what people were saying on the cusp of a historic event, but how so much discussion surrounding the stock market seems to hardly ever change.

Rukeyser opened the show with a monologue that talked about concerns in the Persian Gulf, dysfunction in Washington, D.

Here's the first part of Rukeyser's show below, with Zweig's comments starting at around the 6: Tech market is nowhere near the dotcom days. How augmented reality is changing the way we work.

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Trending Tech Insider Finance Politics Strategy Life Sports Video All. You have successfully emailed the post. Watch Martin Zweig Predict A Market Crash The Friday Before 'Black Monday'. YouTube The volatility we've experienced in recent weeks is nothing compared to what we witnessed 27 years ago.

Here's an amazing video from that time. On the show, Zweig said he wasn't just looking for a typical prolonged sell off. A truly legendary call.

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Recommended For You Powered by Sailthru. Watch Martin Zweig Predict A Market Crash The Friday Before 'Black Monday' Watch Martin Zweig Predict A Market Crash The Friday Before 'Black Monday' The volatility we've experienced in recent Thanks to our partners.

stock market heading for black monday crash of 1987

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Black Monday! Market crash of 1987

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