U.S. Economist Stephen Guilfoyle Weighs In on What Lessons Can Be Learned From the Stock Market Crash of 1987
Description:Now 25 years later, we spoke with U.S. economist to Stephen Guilfoyle from Meridian Equity Partners, to help us relive that day and put it into perspective what has changed since the events of Black Monday and what investors can ultimately learn from that event.
On Monday October 19, 1987, stock markets worldwide crashed, beginning in Hong Kong , then spreading to Europe, and finally hitting the United States.
Wall Street suffered its greatest loss ever in a single day on what is referred (4:58)