The 30th anniversary of the Crash of October 1987

Dear PGM Capital Blog readers, Thursday October 19th, marked the 30th anniversary of the 1987 “Black Monday” when stock markets around the world crashed, shedding a huge value in a very short time. INTRODUCTION: The market crash of Monday, October 19, 1987, began in Hong Kong and spread west to Europe, hitting the United States after other markets had already declined by a[…]