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Market Crashes Happen. They Don’t Necessarily Mean Much

Authors :
Krugman, Paul
Source :
The New York Times (Digital Edition). August 6, 2024
Publication Year :
2024

Abstract

On Oct. 19, 1987, Black Monday, stock prices https://www.federalreservehistory.org/essays/stock-market-crash-of-1987, with the Dow Jones industrial average falling 22.6 percent in a day. Many commentators rushed to explain what triggered the crash [...]

Details

Language :
English
Database :
Gale General OneFile
Journal :
The New York Times (Digital Edition)
Publication Type :
News
Accession number :
edsgcl.804226194