Remember Black Monday?
This final note today. A couple of ’em actually.
First of all, just a nod to history. Today’s the 19th of October. On this day in 1987, Wall Street treated us to something that’s become known as Black Monday: the Dow Industrials were off almost 22 percent.
Put that in today’s context? That’s a drop of 2,600-something points. There are circuit breakers that’d stop that nowadays, but still. Something to think about.
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