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Keyword: 1987crash

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  • Stocks Are Eerily Following A 1987-ish Path

    10/23/2012 12:44:28 PM PDT · by blam · 13 replies
    TBI ^ | 10-23-2012 | Sam Ro
    Stocks Are Eerily Following A 1987-ish Path Sam RoOctober 23,2012Last Friday was the 25th anniversary of the horrific stock market crash of 1987. While stocks didn't collapse like they did in 1987, the anniversary nevertheless saw an ugly 205 point sell-off in the Dow. And today, the Dow is off 230 points with around 90 minutes left in today's trading session. It's worth noting that the 1987 crash was preceded by a series of huge sell-offs. Today, the folks at Bespoke Investment Group dared to compare the stock market in 1987 to the market this year (see below). The analysts...
  • Ronald Reagan's great experiment, Barney Frank's other vices, Abraham Lincoln's mental health

    03/05/2009 2:41:21 PM PST · by WheresMyBailout · 2 replies · 708+ views
    Fortune ^ | October 23, 1989 | Daniel Seligman
    (FORTUNE Magazine) – As we tap out these words on our trusty 101-key enhanced keyboard, the Dow Jones industrial average is around 2700 and also looking enhanced. ... (FORTUNE Magazine) – Easily the most maddening political debate these days is the one about whether Congressman Barney Frank, the Massachusetts Democrat, should resign on grounds of turpitude. ...