It’s quite unlikely the Crash of 1987, Black Monday, will occur again. The DJIA lost 22.6% of its value or $500 billion dollars on October 19th 1987.
The market itself has Rules; a form of STOP-LOSSes. Although, not tested to my knowledge, the stock market(s), at least in North America, aren’t as cataclysmic as some fear-mongers promote.
Please watch the Iron Man video and then feel free to click on the links below.
CNBC video on Plunge Protection Team
Link: CNBC video on Plunge Protection Team
When do circuit breakers kick in? CNBC Explains
Link: When do circuit breakers kick in? CNBC Explains
What circuit breakers are and how they could halt markets
Link: What circuit breakers are and how they could halt markets
