Ben Gold

From the blog: Thirty years ago, October 19 1987 became known as Black Monday as global stock markets crashed. Black Monday remains the biggest one-day fall, 22.6 per cent, in the US Dow Jones Index.

 

A driver of the falls was widespread use of computer programmes that were supposed to protect investors by selling when asset prices fall. However, this herd approach caused the falls to snowball.

 

Click here to read the full blog post

It's quick, easy and as a registered user you'll have full access to all Pensions Expert articles. You will also be able to receive editorial emails.

If you are already registered, please click here to login.

We use cookies to improve site performance and enhance your user experience. If you’d like to disable cookies on this device, please see our cookie management page. If you close this message or continue to use the site, you consent to our use of cookies on this device in accordance with our cookie policy, unless you disable them.