Step Back in Time And Tell Us How Well You Know The Key Events Of The 1980s
What was the global stock market crash of 1987 called in the US?
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Although it was called “Blue Tuesday” in Japan, most of the world refers to the widespread yet short-lived stock market crash of 1987 as “Black Monday.” According to the Federal Reserve, a combination of unusually high stock price appreciations and the rise of “portfolio insurance” policies encouraged panic-selling during a particular price decrease. The issue was resolved with temporary trading halts nicknamed “circuit breakers.”
What was the global stock market crash of 1987 called in the US?
- Black Monday
- Blue Tuesday
- The Great Storm Of 1987
- The 1987 Flash Crash
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