“We are nearing the anniversary of a devastating moment in international market history. On October 19th, 1987, a severe market crash known as Black Monday occurred, causing worldwide losses of 1.71 trillion U.S. dollars. In addition to devastating worldwide losses. It also sparked fears of a new. 

Great Depression, though many factors played into creating a perfect storm of a market crash. One of the main causes is thought to have been program driven trading models with a flood of sell orders following a bearish mark. 

That week, that was then compounded by investor panic. The S&P and Dow Jones both dropping more than 20%. Of course, this has not been the only historically significant market crash from any compared Black Monday to the bursting of the real estate bubble in 2008.“

MARK FRICKS

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ATLANTA – In this episode, we discuss the historical collapse of the stock market on Black Monday, the risks and fears associated with investing in the market, and how holistic retirement planners use the market as part of a complete “retirement roadmap.”