Black Monday 30 years on: How it happened and what we can learn

Markets went into freefall

clock
Wall Street was hit by Black Monday
Image:

Wall Street was hit by Black Monday

It has been 30 years since Black Monday, the biggest one-day fall in stockmarket history. Here, Schroders' fund management team look at what happened and how today's markets compare to 1987.

On 19 October 1987, global stockmarkets came crashing down amid worries about a slowing global economy and high stock valuations. The concerns were compounded by a computer glitch. In the space of 24...

To continue reading this article...

Join Investment week

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space

  • Get ahead of regulatory and technological changes affecting fund management

  • Important and breaking news stories selected by the editors delivered straight to your inbox each day

  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts

  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Global

Evergrande's troubles deepen

Evergrande's offshore bondholders signal legal action - reports

$19bn of the company's liabilities

Jenny Turton
clock 20 January 2022 • 1 min read
All the latest news, analysis and content about the Covid-19 outbreak

Coronavirus Blog: World Health Organisation says travel bans 'not effective'

Latest news and reaction

Investment Week
clock 20 January 2022 • 1 min read
More companies will be needed to maintain a sustainable space ecosystem
UK

Seraphim Space trust CEO: Space companies face 'wave of consolidation'

Climate change companies to succeed

clock 17 January 2022 • 2 min read
Trustpilot