https://www.newsweek.com/black-monday-fears-stock-market-2056093
Major stock indexes plunged in Asia on Monday after Wall Street experienced the worst two days since the pandemic last week, the S&P 500 down 6 percent by market close on Friday while the Dow Jones Industrial Average plunged 5.5 percent. The Nasdaq composite dropped 5.82 percent.
CNBC host and market analyst Jim Cramer on Saturday warned of a repeat of the devastating "Black Monday" collapse of October 19, 1987, when the Dow Jones Industrial Average saw its worse single-day fall and plummeted 22.6 percent.
It took between 4 to 10 years for stock investors to regain their losses after the 1929 crash. It took 2 years after the 1987 crash. Same with 2008.
ReplyDeleteSo panic now, don't sell and wait 2 years.
Garnel so you are saying in Trump we trust?
DeleteNo, that he's outsmarting you and your hate for him has neutralized your normally prodigious intellect.
DeleteWow if Destroying America is proof to you of intelligence than what is Making America Great Again. He has even outsmarted himself as all stable genius do!
ReplyDelete