- published: 19 Aug 2015
- views: 23485
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The fragile state of today’s world financial markets is not a new phenomenon. It wasn’t long ago that the world braced itself for another Great Depression.
It was the defining moment of the 1980's. The New York Stock Exchange, the epicenter of the world financial markets and backbone of American capitalism, was under siege. On October 19th, 1987, the Dow Jones Industrial Average plunged 508 points, the largest single day drop in the history of the stock market. But it was on Tuesday, October 20th that the world's financial markets came within 5 minutes of total disintegration.
How was it averted? Was it a miracle? Manipulation? Or a lucky trade?
Cancel Crash depicts the dramatic events that saved the world from financial anarchy and presents for the first time what actually happened on Terrible Tuesday. Framed between the opening bell on Friday, October 16h to the closing bell of Terrible Tuesday, the story unfolds as the perilous clock ticks, revealing those who prevented a global Depression and saved our financial markets.
======== tastytrade.com ========
Finally a financial network for traders, built by traders. Hosted by Tom Sosnoff and Tony Battista, tastytrade is a real financial network with 8 hours of live programming five days a week during market hours. From pop culture to advanced investment strategies, tastytrade has a broad spectrum of content for viewers of all kinds! Tune in and learn how to trade options successfully and make the most of your investments!
Watch tastytrade LIVE daily Monday-Friday 7am-3:30pmCT: https://goo.gl/OTv3Ez
Subscribe to our YouTube channel: https://www.youtube.com/user/tastytrade1?sub_confirmation=1
Follow tastytrade:
Twitter: https://twitter.com/tastytrade
Facebook: https://www.facebook.com/tastytrade
LinkedIn: http://www.linkedin.com/company/tastytrade
Instagram: http://instagram.com/tastytrade
Pinterest: http://www.pinterest.com/tastytrade/
An excerpt from the 6th October 1987 episode of Brookside, the TV soap-opera set in Liverpool,England which aired from 1982 until 2003.
- published: 08 Jun 2014
- views: 1148
In finance, Black Monday refers to Monday, October 19, 1987, when stock markets around the world crashed, shedding a huge value in a very short time. The crash began in Hong Kong and spread west to Europe, hitting the United States after other markets had already declined by a significant margin. The Dow Jones Industrial Average (DJIA) dropped by 508 points to 1738.74 (22.61%).
In Australia and New Zealand the 1987 crash is also referred to as Black Tuesday because of the timezone difference. The terms Black Monday and Black Tuesday are also applied to October 28 and 29, 1929, which occurred after Black Thursday on October 24, which started the Stock Market Crash of 1929.
In 1986, the United States economy began shifting from a rapidly growing recovery to a slower growing expansion, which resulted in a "soft landing" as the economy slowed and inflation dropped. The stock market advanced significantly, with the Dow peaking in August 1987 at 2722 points, or 44% over the previous year's closing of 1895 points.
On October 14, the DJIA dropped 95.46 points (3.8%) (a then record) to 2412.70, and fell another 58 points (2.4%) the next day, down over 12% from the August 25 all-time high.
On Thursday, October 15, 1987, Iran hit the American-owned supertanker, the Sungari, with a Silkworm missile off Kuwait's main Mina Al Ahmadi oil port. The next morning, Iran hit another ship, the U.S. flagged MV Sea Isle City, with another Silkworm missile.
On Friday, October 16, when all the markets in London were unexpectedly closed due to the Great Storm of 1987, the DJIA closed down another 108.35 points (4.6%) to close at 2246.74 on record volume. American Treasury Secretary James Baker stated concerns about the falling prices.
The crash began in Far Eastern markets the morning of October 19. Later that morning, two U.S. warships shelled an Iranian oil platform in the Persian Gulf in response to Iran's Silkworm missile attack on the Sea Isle City.
Possible causes for the decline included program trading, overvaluation, illiquidity, and market psychology.
A popular explanation for the 1987 crash was selling by program traders, most notably as a reaction to the computerized selling required by portfolio insurance hedges.[10] However, economist Dean Furbush points out that the biggest price drops occurred when trading volume was light.[11] In program trading, computers perform rapid stock executions based on external inputs, such as the price of related securities. Common strategies implemented by program trading involve an attempt to engage in arbitrage and portfolio insurance strategies. As computer technology became more available, the use of program trading grew dramatically within Wall Street firms. After the crash, many blamed program trading strategies for blindly selling stocks as markets fell, exacerbating the decline. Some economists theorized the speculative boom leading up to October was caused by program trading, and that the crash was merely a return to normalcy. Either way, program trading ended up taking the majority of the blame in the public eye for the 1987 stock market crash. U.S. Congressman Edward J. Markey, who had been warning about the possibility of a crash, stated that "Program trading was the principal cause."
Amidst the financial turmoil, the Fed encouraged banks to continue to lend to one another on their usual terms. The banks did this at a loss, but it preserved the system as a whole. Some experts argue the Fed's response to Black Monday ushered in a new era of investor confidence in the central bank's ability to calm severe market downturns.
After Black Monday, regulators overhauled trade-clearing protocols to bring uniformity to all prominent market products. They also developed new rules, known as circuit breakers, allowing exchanges to halt trading temporarily in instances of exceptionally large price declines. For example, under current rules, the New York Stock Exchange would temporarily halt trading when the S&P; 500 stock index declines 7 percent, 13 percent, and 20 percent in order to allow investors to make informed choices when the market is highly volatile.
http://en.wikipedia.org/wiki/1987_stock_market_crash
- published: 23 Jun 2014
- views: 8270
Here (since it apparently hasn't been reposted yet) is an October 1987 episode of the Price Is Right.
This episode is notable in that it was the last one aired with Bob Barker before he stopped coloring his hair. Will it have other moments to remember?
No copyright infringement is intended. Commercials will be done in a separate video in the future.
- published: 07 Jul 2016
- views: 14233
10/07/1987 Civic Auditorium - Buffalo, New York, USA (Audience)
Where The Streets Have No Name, I Will Follow, Trip Through Your Wires, I Still Haven't Found What I'm Looking For, MLK, The Unforgettable Fire, Exit / Van Morrison's Gloria (snippet), In God's Country, Springhill Mining Disaster, Sunday Bloody Sunday, Help, Bad, October, New Year's Day, Pride (In The Name Of Love)
encores: Bullet The Blue Sky, Running To Stand Still, With Or Without You, 40
Last time U2 cover Springhill Mining Disaster.
- published: 24 Feb 2013
- views: 4394
1987
1987 (MCMLXXXVII) was a common year starting on Thursday (dominical letter D) of the Gregorian calendar, the 1987th year of the Common Era (CE) and Anno Domini (AD) designations, the 987th year of the 2nd millennium, the 87th year of the 20th century, and the 8th year of the 1980s decade.
Events
January
This page contains text from Wikipedia, the Free Encyclopedia -
https://wn.com/1987
This article is licensed under the Creative Commons Attribution-ShareAlike 3.0 Unported License, which means that you can copy and modify it as long as the entire work (including additions) remains under this license.
This article is licensed under the Creative Commons Attribution-ShareAlike 3.0 Unported License, which means that you can copy and modify it as long as the entire work (including additions) remains under this license.
Stock market
A stock market or equity market or share market is the aggregation of buyers and sellers (a loose network of economic transactions, not a physical facility or discrete entity) of stocks (also called shares); these may include securities listed on a stock exchange as well as those only traded privately.
Size of the market
Stocks can be categorized in various ways. One common way is by the country where the company is domiciled. For example, Nestlé and Novartis are domiciled in Switzerland, so they may be considered as part of the Swiss stock market, although their stock may also be traded at exchanges in other countries.
At the close of 2012, the size of the world stock market (total market capitalisation) was about US$55 trillion. By country, the largest market was the United States (about 34%), followed by Japan (about 6%) and the United Kingdom (about 6%). This went up more in 2013.
Stock exchange
A stock exchange is a place or organization by which stock traders (people and companies) can trade stocks. Companies may want to get their stock listed on a stock exchange. Other stocks may be traded "over the counter", that is, through a dealer. A large company will usually have its stock listed on many exchanges across the world.
This page contains text from Wikipedia, the Free Encyclopedia -
https://wn.com/Stock_market
This article is licensed under the Creative Commons Attribution-ShareAlike 3.0 Unported License, which means that you can copy and modify it as long as the entire work (including additions) remains under this license.
This article is licensed under the Creative Commons Attribution-ShareAlike 3.0 Unported License, which means that you can copy and modify it as long as the entire work (including additions) remains under this license.
Stock market crash
A stock market crash is a sudden dramatic decline of stock prices across a significant cross-section of a stock market, resulting in a significant loss of paper wealth. Crashes are driven by panic as much as by underlying economic factors. They often follow speculative stock market bubbles.
Stock market crashes are social phenomena where external economic events combine with crowd behavior and psychology in a positive feedback loop where selling by some market participants drives more market participants to sell. Generally speaking, crashes usually occur under the following conditions: a prolonged period of rising stock prices and excessive economic optimism, a market where P/E ratios exceed long-term averages, and extensive use of margin debt and leverage by market participants.
There is no numerically specific definition of a stock market crash but the term commonly applies to steep double-digit percentage losses in a stock market index over a period of several days. Crashes are often distinguished from bear markets by panic selling and abrupt, dramatic price declines. Bear markets are periods of declining stock market prices that are measured in months or years. While crashes are often associated with bear markets, they do not necessarily go hand in hand. The crash of 1987, for example, did not lead to a bear market. Likewise, the Japanese bear market of the 1990s occurred over several years without any notable crashes.
This page contains text from Wikipedia, the Free Encyclopedia -
https://wn.com/Stock_market_crash
This article is licensed under the Creative Commons Attribution-ShareAlike 3.0 Unported License, which means that you can copy and modify it as long as the entire work (including additions) remains under this license.
This article is licensed under the Creative Commons Attribution-ShareAlike 3.0 Unported License, which means that you can copy and modify it as long as the entire work (including additions) remains under this license.
Black Monday
Black Monday is a term used to refer to certain Mondays when undesirable or turbulent events have occurred. It has been used in the following cases:
Historic events
This page contains text from Wikipedia, the Free Encyclopedia -
https://wn.com/Black_Monday
This article is licensed under the Creative Commons Attribution-ShareAlike 3.0 Unported License, which means that you can copy and modify it as long as the entire work (including additions) remains under this license.
This article is licensed under the Creative Commons Attribution-ShareAlike 3.0 Unported License, which means that you can copy and modify it as long as the entire work (including additions) remains under this license.
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43:19The Stock Market Crash of 1987 | Cancel Crash
The Stock Market Crash of 1987 | Cancel CrashThe Stock Market Crash of 1987 | Cancel Crash
The fragile state of today’s world financial markets is not a new phenomenon. It wasn’t long ago that the world braced itself for another Great Depression. It was the defining moment of the 1980's. The New York Stock Exchange, the epicenter of the world financial markets and backbone of American capitalism, was under siege. On October 19th, 1987, the Dow Jones Industrial Average plunged 508 points, the largest single day drop in the history of the stock market. But it was on Tuesday, October 20th that the world's financial markets came within 5 minutes of total disintegration. How was it averted? Was it a miracle? Manipulation? Or a lucky trade? Cancel Crash depicts the dramatic events that saved the world from financial anarchy and presents for the first time what actually happened on Terrible Tuesday. Framed between the opening bell on Friday, October 16h to the closing bell of Terrible Tuesday, the story unfolds as the perilous clock ticks, revealing those who prevented a global Depression and saved our financial markets. ======== tastytrade.com ======== Finally a financial network for traders, built by traders. Hosted by Tom Sosnoff and Tony Battista, tastytrade is a real financial network with 8 hours of live programming five days a week during market hours. From pop culture to advanced investment strategies, tastytrade has a broad spectrum of content for viewers of all kinds! Tune in and learn how to trade options successfully and make the most of your investments! Watch tastytrade LIVE daily Monday-Friday 7am-3:30pmCT: https://goo.gl/OTv3Ez Subscribe to our YouTube channel: https://www.youtube.com/user/tastytrade1?sub_confirmation=1 Follow tastytrade: Twitter: https://twitter.com/tastytrade Facebook: https://www.facebook.com/tastytrade LinkedIn: http://www.linkedin.com/company/tastytrade Instagram: http://instagram.com/tastytrade Pinterest: http://www.pinterest.com/tastytrade/ -
4:11Crash of 1987- Live news reports of Stock Market Crash
Crash of 1987- Live news reports of Stock Market CrashCrash of 1987- Live news reports of Stock Market Crash
CNN coverage of the Stock Market crash of October 19,1987. -
1:56Brookside - 6th October 1987 - (Excerpt)
Brookside - 6th October 1987 - (Excerpt)Brookside - 6th October 1987 - (Excerpt)
An excerpt from the 6th October 1987 episode of Brookside, the TV soap-opera set in Liverpool,England which aired from 1982 until 2003. -
0:31WVIR-TV Open October 1987
WVIR-TV Open October 1987 -
1:53:57What Caused the October 1987 Stock Market Decline? (1988)
What Caused the October 1987 Stock Market Decline? (1988)What Caused the October 1987 Stock Market Decline? (1988)
In finance, Black Monday refers to Monday, October 19, 1987, when stock markets around the world crashed, shedding a huge value in a very short time. The crash began in Hong Kong and spread west to Europe, hitting the United States after other markets had already declined by a significant margin. The Dow Jones Industrial Average (DJIA) dropped by 508 points to 1738.74 (22.61%). In Australia and New Zealand the 1987 crash is also referred to as Black Tuesday because of the timezone difference. The terms Black Monday and Black Tuesday are also applied to October 28 and 29, 1929, which occurred after Black Thursday on October 24, which started the Stock Market Crash of 1929. In 1986, the United States economy began shifting from a rapidly growing recovery to a slower growing expansion, which resulted in a "soft landing" as the economy slowed and inflation dropped. The stock market advanced significantly, with the Dow peaking in August 1987 at 2722 points, or 44% over the previous year's closing of 1895 points. On October 14, the DJIA dropped 95.46 points (3.8%) (a then record) to 2412.70, and fell another 58 points (2.4%) the next day, down over 12% from the August 25 all-time high. On Thursday, October 15, 1987, Iran hit the American-owned supertanker, the Sungari, with a Silkworm missile off Kuwait's main Mina Al Ahmadi oil port. The next morning, Iran hit another ship, the U.S. flagged MV Sea Isle City, with another Silkworm missile. On Friday, October 16, when all the markets in London were unexpectedly closed due to the Great Storm of 1987, the DJIA closed down another 108.35 points (4.6%) to close at 2246.74 on record volume. American Treasury Secretary James Baker stated concerns about the falling prices. The crash began in Far Eastern markets the morning of October 19. Later that morning, two U.S. warships shelled an Iranian oil platform in the Persian Gulf in response to Iran's Silkworm missile attack on the Sea Isle City. Possible causes for the decline included program trading, overvaluation, illiquidity, and market psychology. A popular explanation for the 1987 crash was selling by program traders, most notably as a reaction to the computerized selling required by portfolio insurance hedges.[10] However, economist Dean Furbush points out that the biggest price drops occurred when trading volume was light.[11] In program trading, computers perform rapid stock executions based on external inputs, such as the price of related securities. Common strategies implemented by program trading involve an attempt to engage in arbitrage and portfolio insurance strategies. As computer technology became more available, the use of program trading grew dramatically within Wall Street firms. After the crash, many blamed program trading strategies for blindly selling stocks as markets fell, exacerbating the decline. Some economists theorized the speculative boom leading up to October was caused by program trading, and that the crash was merely a return to normalcy. Either way, program trading ended up taking the majority of the blame in the public eye for the 1987 stock market crash. U.S. Congressman Edward J. Markey, who had been warning about the possibility of a crash, stated that "Program trading was the principal cause." Amidst the financial turmoil, the Fed encouraged banks to continue to lend to one another on their usual terms. The banks did this at a loss, but it preserved the system as a whole. Some experts argue the Fed's response to Black Monday ushered in a new era of investor confidence in the central bank's ability to calm severe market downturns. After Black Monday, regulators overhauled trade-clearing protocols to bring uniformity to all prominent market products. They also developed new rules, known as circuit breakers, allowing exchanges to halt trading temporarily in instances of exceptionally large price declines. For example, under current rules, the New York Stock Exchange would temporarily halt trading when the S&P; 500 stock index declines 7 percent, 13 percent, and 20 percent in order to allow investors to make informed choices when the market is highly volatile. http://en.wikipedia.org/wiki/1987_stock_market_crash -
42:39The Price Is Right (October 14, 1987)
The Price Is Right (October 14, 1987)The Price Is Right (October 14, 1987)
Here (since it apparently hasn't been reposted yet) is an October 1987 episode of the Price Is Right. This episode is notable in that it was the last one aired with Bob Barker before he stopped coloring his hair. Will it have other moments to remember? No copyright infringement is intended. Commercials will be done in a separate video in the future. -
59:48Larry Carlton - Warfield Theater, October 1987
Larry Carlton - Warfield Theater, October 1987 -
1:28:58U2 Joshua Tree Tour Live - Buffalo, NY - 7 October 1987
U2 Joshua Tree Tour Live - Buffalo, NY - 7 October 1987U2 Joshua Tree Tour Live - Buffalo, NY - 7 October 1987
10/07/1987 Civic Auditorium - Buffalo, New York, USA (Audience) Where The Streets Have No Name, I Will Follow, Trip Through Your Wires, I Still Haven't Found What I'm Looking For, MLK, The Unforgettable Fire, Exit / Van Morrison's Gloria (snippet), In God's Country, Springhill Mining Disaster, Sunday Bloody Sunday, Help, Bad, October, New Year's Day, Pride (In The Name Of Love) encores: Bullet The Blue Sky, Running To Stand Still, With Or Without You, 40 Last time U2 cover Springhill Mining Disaster. -
3:41TOTP Chart Rundown 29th October 1987
TOTP Chart Rundown 29th October 1987TOTP Chart Rundown 29th October 1987
Chart rundown with Gary Davies. Also co-hosting is Steve Wright. -
1:05Cindy Crawford in Vogue (October 1987)
Cindy Crawford in Vogue (October 1987)Cindy Crawford in Vogue (October 1987)
-
The Stock Market Crash of 1987 | Cancel Crash
The fragile state of today’s world financial markets is not a new phenomenon. It wasn’t long ago that the world braced itself for another Great Depression. It was the defining moment of the 1980's. The New York Stock Exchange, the epicenter of the world financial markets and backbone of American capitalism, was under siege. On October 19th, 1987, the Dow Jones Industrial Average plunged 508 points, the largest single day drop in the history of the stock market. But it was on Tuesday, October 20th that the world's financial markets came within 5 minutes of total disintegration. How was it averted? Was it a miracle? Manipulation? Or a lucky trade? Cancel Crash depicts the dramatic events that saved the world from financial anarchy and presents for the first time what actually happene...
published: 19 Aug 2015 -
Crash of 1987- Live news reports of Stock Market Crash
CNN coverage of the Stock Market crash of October 19,1987.
published: 31 Mar 2011 -
Brookside - 6th October 1987 - (Excerpt)
An excerpt from the 6th October 1987 episode of Brookside, the TV soap-opera set in Liverpool,England which aired from 1982 until 2003.
published: 08 Jun 2014 -
-
What Caused the October 1987 Stock Market Decline? (1988)
In finance, Black Monday refers to Monday, October 19, 1987, when stock markets around the world crashed, shedding a huge value in a very short time. The crash began in Hong Kong and spread west to Europe, hitting the United States after other markets had already declined by a significant margin. The Dow Jones Industrial Average (DJIA) dropped by 508 points to 1738.74 (22.61%). In Australia and New Zealand the 1987 crash is also referred to as Black Tuesday because of the timezone difference. The terms Black Monday and Black Tuesday are also applied to October 28 and 29, 1929, which occurred after Black Thursday on October 24, which started the Stock Market Crash of 1929. In 1986, the United States economy began shifting from a rapidly growing recovery to a slower growing expansion, whic...
published: 23 Jun 2014 -
The Price Is Right (October 14, 1987)
Here (since it apparently hasn't been reposted yet) is an October 1987 episode of the Price Is Right. This episode is notable in that it was the last one aired with Bob Barker before he stopped coloring his hair. Will it have other moments to remember? No copyright infringement is intended. Commercials will be done in a separate video in the future.
published: 07 Jul 2016 -
Larry Carlton - Warfield Theater, October 1987
Larry Carlton - San Francisco 1984
published: 18 Jun 2015 -
U2 Joshua Tree Tour Live - Buffalo, NY - 7 October 1987
10/07/1987 Civic Auditorium - Buffalo, New York, USA (Audience) Where The Streets Have No Name, I Will Follow, Trip Through Your Wires, I Still Haven't Found What I'm Looking For, MLK, The Unforgettable Fire, Exit / Van Morrison's Gloria (snippet), In God's Country, Springhill Mining Disaster, Sunday Bloody Sunday, Help, Bad, October, New Year's Day, Pride (In The Name Of Love) encores: Bullet The Blue Sky, Running To Stand Still, With Or Without You, 40 Last time U2 cover Springhill Mining Disaster.
published: 24 Feb 2013 -
TOTP Chart Rundown 29th October 1987
Chart rundown with Gary Davies. Also co-hosting is Steve Wright.
published: 05 Jun 2012 -
Cindy Crawford in Vogue (October 1987)
published: 04 Oct 2016
The Stock Market Crash of 1987 | Cancel Crash
- Order: Reorder
- Duration: 43:19
- Updated: 19 Aug 2015
- views: 23485
The fragile state of today’s world financial markets is not a new phenomenon. It wasn’t long ago that the world braced itself for another Great Depression.
It...
The fragile state of today’s world financial markets is not a new phenomenon. It wasn’t long ago that the world braced itself for another Great Depression.
It was the defining moment of the 1980's. The New York Stock Exchange, the epicenter of the world financial markets and backbone of American capitalism, was under siege. On October 19th, 1987, the Dow Jones Industrial Average plunged 508 points, the largest single day drop in the history of the stock market. But it was on Tuesday, October 20th that the world's financial markets came within 5 minutes of total disintegration.
How was it averted? Was it a miracle? Manipulation? Or a lucky trade?
Cancel Crash depicts the dramatic events that saved the world from financial anarchy and presents for the first time what actually happened on Terrible Tuesday. Framed between the opening bell on Friday, October 16h to the closing bell of Terrible Tuesday, the story unfolds as the perilous clock ticks, revealing those who prevented a global Depression and saved our financial markets.
======== tastytrade.com ========
Finally a financial network for traders, built by traders. Hosted by Tom Sosnoff and Tony Battista, tastytrade is a real financial network with 8 hours of live programming five days a week during market hours. From pop culture to advanced investment strategies, tastytrade has a broad spectrum of content for viewers of all kinds! Tune in and learn how to trade options successfully and make the most of your investments!
Watch tastytrade LIVE daily Monday-Friday 7am-3:30pmCT: https://goo.gl/OTv3Ez
Subscribe to our YouTube channel: https://www.youtube.com/user/tastytrade1?sub_confirmation=1
Follow tastytrade:
Twitter: https://twitter.com/tastytrade
Facebook: https://www.facebook.com/tastytrade
LinkedIn: http://www.linkedin.com/company/tastytrade
Instagram: http://instagram.com/tastytrade
Pinterest: http://www.pinterest.com/tastytrade/
https://wn.com/The_Stock_Market_Crash_Of_1987_|_Cancel_Crash
The fragile state of today’s world financial markets is not a new phenomenon. It wasn’t long ago that the world braced itself for another Great Depression.
It was the defining moment of the 1980's. The New York Stock Exchange, the epicenter of the world financial markets and backbone of American capitalism, was under siege. On October 19th, 1987, the Dow Jones Industrial Average plunged 508 points, the largest single day drop in the history of the stock market. But it was on Tuesday, October 20th that the world's financial markets came within 5 minutes of total disintegration.
How was it averted? Was it a miracle? Manipulation? Or a lucky trade?
Cancel Crash depicts the dramatic events that saved the world from financial anarchy and presents for the first time what actually happened on Terrible Tuesday. Framed between the opening bell on Friday, October 16h to the closing bell of Terrible Tuesday, the story unfolds as the perilous clock ticks, revealing those who prevented a global Depression and saved our financial markets.
======== tastytrade.com ========
Finally a financial network for traders, built by traders. Hosted by Tom Sosnoff and Tony Battista, tastytrade is a real financial network with 8 hours of live programming five days a week during market hours. From pop culture to advanced investment strategies, tastytrade has a broad spectrum of content for viewers of all kinds! Tune in and learn how to trade options successfully and make the most of your investments!
Watch tastytrade LIVE daily Monday-Friday 7am-3:30pmCT: https://goo.gl/OTv3Ez
Subscribe to our YouTube channel: https://www.youtube.com/user/tastytrade1?sub_confirmation=1
Follow tastytrade:
Twitter: https://twitter.com/tastytrade
Facebook: https://www.facebook.com/tastytrade
LinkedIn: http://www.linkedin.com/company/tastytrade
Instagram: http://instagram.com/tastytrade
Pinterest: http://www.pinterest.com/tastytrade/
- published: 19 Aug 2015
- views: 23485
Crash of 1987- Live news reports of Stock Market Crash
- Order: Reorder
- Duration: 4:11
- Updated: 31 Mar 2011
- views: 51452
Brookside - 6th October 1987 - (Excerpt)
- Order: Reorder
- Duration: 1:56
- Updated: 08 Jun 2014
- views: 1148
An excerpt from the 6th October 1987 episode of Brookside, the TV soap-opera set in Liverpool,England which aired from 1982 until 2003.
An excerpt from the 6th October 1987 episode of Brookside, the TV soap-opera set in Liverpool,England which aired from 1982 until 2003.
https://wn.com/Brookside_6Th_October_1987_(Excerpt)
An excerpt from the 6th October 1987 episode of Brookside, the TV soap-opera set in Liverpool,England which aired from 1982 until 2003.
- published: 08 Jun 2014
- views: 1148
WVIR-TV Open October 1987
- Order: Reorder
- Duration: 0:31
- Updated: 19 Oct 2012
- views: 808
What Caused the October 1987 Stock Market Decline? (1988)
- Order: Reorder
- Duration: 1:53:57
- Updated: 23 Jun 2014
- views: 8270
In finance, Black Monday refers to Monday, October 19, 1987, when stock markets around the world crashed, shedding a huge value in a very short time. The crash ...
In finance, Black Monday refers to Monday, October 19, 1987, when stock markets around the world crashed, shedding a huge value in a very short time. The crash began in Hong Kong and spread west to Europe, hitting the United States after other markets had already declined by a significant margin. The Dow Jones Industrial Average (DJIA) dropped by 508 points to 1738.74 (22.61%).
In Australia and New Zealand the 1987 crash is also referred to as Black Tuesday because of the timezone difference. The terms Black Monday and Black Tuesday are also applied to October 28 and 29, 1929, which occurred after Black Thursday on October 24, which started the Stock Market Crash of 1929.
In 1986, the United States economy began shifting from a rapidly growing recovery to a slower growing expansion, which resulted in a "soft landing" as the economy slowed and inflation dropped. The stock market advanced significantly, with the Dow peaking in August 1987 at 2722 points, or 44% over the previous year's closing of 1895 points.
On October 14, the DJIA dropped 95.46 points (3.8%) (a then record) to 2412.70, and fell another 58 points (2.4%) the next day, down over 12% from the August 25 all-time high.
On Thursday, October 15, 1987, Iran hit the American-owned supertanker, the Sungari, with a Silkworm missile off Kuwait's main Mina Al Ahmadi oil port. The next morning, Iran hit another ship, the U.S. flagged MV Sea Isle City, with another Silkworm missile.
On Friday, October 16, when all the markets in London were unexpectedly closed due to the Great Storm of 1987, the DJIA closed down another 108.35 points (4.6%) to close at 2246.74 on record volume. American Treasury Secretary James Baker stated concerns about the falling prices.
The crash began in Far Eastern markets the morning of October 19. Later that morning, two U.S. warships shelled an Iranian oil platform in the Persian Gulf in response to Iran's Silkworm missile attack on the Sea Isle City.
Possible causes for the decline included program trading, overvaluation, illiquidity, and market psychology.
A popular explanation for the 1987 crash was selling by program traders, most notably as a reaction to the computerized selling required by portfolio insurance hedges.[10] However, economist Dean Furbush points out that the biggest price drops occurred when trading volume was light.[11] In program trading, computers perform rapid stock executions based on external inputs, such as the price of related securities. Common strategies implemented by program trading involve an attempt to engage in arbitrage and portfolio insurance strategies. As computer technology became more available, the use of program trading grew dramatically within Wall Street firms. After the crash, many blamed program trading strategies for blindly selling stocks as markets fell, exacerbating the decline. Some economists theorized the speculative boom leading up to October was caused by program trading, and that the crash was merely a return to normalcy. Either way, program trading ended up taking the majority of the blame in the public eye for the 1987 stock market crash. U.S. Congressman Edward J. Markey, who had been warning about the possibility of a crash, stated that "Program trading was the principal cause."
Amidst the financial turmoil, the Fed encouraged banks to continue to lend to one another on their usual terms. The banks did this at a loss, but it preserved the system as a whole. Some experts argue the Fed's response to Black Monday ushered in a new era of investor confidence in the central bank's ability to calm severe market downturns.
After Black Monday, regulators overhauled trade-clearing protocols to bring uniformity to all prominent market products. They also developed new rules, known as circuit breakers, allowing exchanges to halt trading temporarily in instances of exceptionally large price declines. For example, under current rules, the New York Stock Exchange would temporarily halt trading when the S&P; 500 stock index declines 7 percent, 13 percent, and 20 percent in order to allow investors to make informed choices when the market is highly volatile.
http://en.wikipedia.org/wiki/1987_stock_market_crash
https://wn.com/What_Caused_The_October_1987_Stock_Market_Decline_(1988)
In finance, Black Monday refers to Monday, October 19, 1987, when stock markets around the world crashed, shedding a huge value in a very short time. The crash began in Hong Kong and spread west to Europe, hitting the United States after other markets had already declined by a significant margin. The Dow Jones Industrial Average (DJIA) dropped by 508 points to 1738.74 (22.61%).
In Australia and New Zealand the 1987 crash is also referred to as Black Tuesday because of the timezone difference. The terms Black Monday and Black Tuesday are also applied to October 28 and 29, 1929, which occurred after Black Thursday on October 24, which started the Stock Market Crash of 1929.
In 1986, the United States economy began shifting from a rapidly growing recovery to a slower growing expansion, which resulted in a "soft landing" as the economy slowed and inflation dropped. The stock market advanced significantly, with the Dow peaking in August 1987 at 2722 points, or 44% over the previous year's closing of 1895 points.
On October 14, the DJIA dropped 95.46 points (3.8%) (a then record) to 2412.70, and fell another 58 points (2.4%) the next day, down over 12% from the August 25 all-time high.
On Thursday, October 15, 1987, Iran hit the American-owned supertanker, the Sungari, with a Silkworm missile off Kuwait's main Mina Al Ahmadi oil port. The next morning, Iran hit another ship, the U.S. flagged MV Sea Isle City, with another Silkworm missile.
On Friday, October 16, when all the markets in London were unexpectedly closed due to the Great Storm of 1987, the DJIA closed down another 108.35 points (4.6%) to close at 2246.74 on record volume. American Treasury Secretary James Baker stated concerns about the falling prices.
The crash began in Far Eastern markets the morning of October 19. Later that morning, two U.S. warships shelled an Iranian oil platform in the Persian Gulf in response to Iran's Silkworm missile attack on the Sea Isle City.
Possible causes for the decline included program trading, overvaluation, illiquidity, and market psychology.
A popular explanation for the 1987 crash was selling by program traders, most notably as a reaction to the computerized selling required by portfolio insurance hedges.[10] However, economist Dean Furbush points out that the biggest price drops occurred when trading volume was light.[11] In program trading, computers perform rapid stock executions based on external inputs, such as the price of related securities. Common strategies implemented by program trading involve an attempt to engage in arbitrage and portfolio insurance strategies. As computer technology became more available, the use of program trading grew dramatically within Wall Street firms. After the crash, many blamed program trading strategies for blindly selling stocks as markets fell, exacerbating the decline. Some economists theorized the speculative boom leading up to October was caused by program trading, and that the crash was merely a return to normalcy. Either way, program trading ended up taking the majority of the blame in the public eye for the 1987 stock market crash. U.S. Congressman Edward J. Markey, who had been warning about the possibility of a crash, stated that "Program trading was the principal cause."
Amidst the financial turmoil, the Fed encouraged banks to continue to lend to one another on their usual terms. The banks did this at a loss, but it preserved the system as a whole. Some experts argue the Fed's response to Black Monday ushered in a new era of investor confidence in the central bank's ability to calm severe market downturns.
After Black Monday, regulators overhauled trade-clearing protocols to bring uniformity to all prominent market products. They also developed new rules, known as circuit breakers, allowing exchanges to halt trading temporarily in instances of exceptionally large price declines. For example, under current rules, the New York Stock Exchange would temporarily halt trading when the S&P; 500 stock index declines 7 percent, 13 percent, and 20 percent in order to allow investors to make informed choices when the market is highly volatile.
http://en.wikipedia.org/wiki/1987_stock_market_crash
- published: 23 Jun 2014
- views: 8270
The Price Is Right (October 14, 1987)
- Order: Reorder
- Duration: 42:39
- Updated: 07 Jul 2016
- views: 14233
Here (since it apparently hasn't been reposted yet) is an October 1987 episode of the Price Is Right.
This episode is notable in that it was the last one aired...
Here (since it apparently hasn't been reposted yet) is an October 1987 episode of the Price Is Right.
This episode is notable in that it was the last one aired with Bob Barker before he stopped coloring his hair. Will it have other moments to remember?
No copyright infringement is intended. Commercials will be done in a separate video in the future.
https://wn.com/The_Price_Is_Right_(October_14,_1987)
Here (since it apparently hasn't been reposted yet) is an October 1987 episode of the Price Is Right.
This episode is notable in that it was the last one aired with Bob Barker before he stopped coloring his hair. Will it have other moments to remember?
No copyright infringement is intended. Commercials will be done in a separate video in the future.
- published: 07 Jul 2016
- views: 14233
Larry Carlton - Warfield Theater, October 1987
- Order: Reorder
- Duration: 59:48
- Updated: 18 Jun 2015
- views: 1330
U2 Joshua Tree Tour Live - Buffalo, NY - 7 October 1987
- Order: Reorder
- Duration: 1:28:58
- Updated: 24 Feb 2013
- views: 4394
10/07/1987 Civic Auditorium - Buffalo, New York, USA (Audience)
Where The Streets Have No Name, I Will Follow, Trip Through Your Wires, I Still Haven't Found W...
10/07/1987 Civic Auditorium - Buffalo, New York, USA (Audience)
Where The Streets Have No Name, I Will Follow, Trip Through Your Wires, I Still Haven't Found What I'm Looking For, MLK, The Unforgettable Fire, Exit / Van Morrison's Gloria (snippet), In God's Country, Springhill Mining Disaster, Sunday Bloody Sunday, Help, Bad, October, New Year's Day, Pride (In The Name Of Love)
encores: Bullet The Blue Sky, Running To Stand Still, With Or Without You, 40
Last time U2 cover Springhill Mining Disaster.
https://wn.com/U2_Joshua_Tree_Tour_Live_Buffalo,_NY_7_October_1987
10/07/1987 Civic Auditorium - Buffalo, New York, USA (Audience)
Where The Streets Have No Name, I Will Follow, Trip Through Your Wires, I Still Haven't Found What I'm Looking For, MLK, The Unforgettable Fire, Exit / Van Morrison's Gloria (snippet), In God's Country, Springhill Mining Disaster, Sunday Bloody Sunday, Help, Bad, October, New Year's Day, Pride (In The Name Of Love)
encores: Bullet The Blue Sky, Running To Stand Still, With Or Without You, 40
Last time U2 cover Springhill Mining Disaster.
- published: 24 Feb 2013
- views: 4394
TOTP Chart Rundown 29th October 1987
- Order: Reorder
- Duration: 3:41
- Updated: 05 Jun 2012
- views: 2294
Cindy Crawford in Vogue (October 1987)
- Order: Reorder
- Duration: 1:05
- Updated: 04 Oct 2016
- views: 182
- published: 04 Oct 2016
- views: 182
-
The Stock Market Crash of 1987 | Cancel Crash
The fragile state of today’s world financial markets is not a new phenomenon. It wasn’t long ago that the world braced itself for another Great Depression. It was the defining moment of the 1980's. The New York Stock Exchange, the epicenter of the world financial markets and backbone of American capitalism, was under siege. On October 19th, 1987, the Dow Jones Industrial Average plunged 508 points, the largest single day drop in the history of the stock market. But it was on Tuesday, October 20th that the world's financial markets came within 5 minutes of total disintegration. How was it averted? Was it a miracle? Manipulation? Or a lucky trade? Cancel Crash depicts the dramatic events that saved the world from financial anarchy and presents for the first time what actually happene...
published: 19 Aug 2015 -
Crash of 1987- Live news reports of Stock Market Crash
CNN coverage of the Stock Market crash of October 19,1987.
published: 31 Mar 2011 -
Brookside - 6th October 1987 - (Excerpt)
An excerpt from the 6th October 1987 episode of Brookside, the TV soap-opera set in Liverpool,England which aired from 1982 until 2003.
published: 08 Jun 2014 -
-
What Caused the October 1987 Stock Market Decline? (1988)
In finance, Black Monday refers to Monday, October 19, 1987, when stock markets around the world crashed, shedding a huge value in a very short time. The crash began in Hong Kong and spread west to Europe, hitting the United States after other markets had already declined by a significant margin. The Dow Jones Industrial Average (DJIA) dropped by 508 points to 1738.74 (22.61%). In Australia and New Zealand the 1987 crash is also referred to as Black Tuesday because of the timezone difference. The terms Black Monday and Black Tuesday are also applied to October 28 and 29, 1929, which occurred after Black Thursday on October 24, which started the Stock Market Crash of 1929. In 1986, the United States economy began shifting from a rapidly growing recovery to a slower growing expansion, whic...
published: 23 Jun 2014 -
The Price Is Right (October 14, 1987)
Here (since it apparently hasn't been reposted yet) is an October 1987 episode of the Price Is Right. This episode is notable in that it was the last one aired with Bob Barker before he stopped coloring his hair. Will it have other moments to remember? No copyright infringement is intended. Commercials will be done in a separate video in the future.
published: 07 Jul 2016 -
Larry Carlton - Warfield Theater, October 1987
Larry Carlton - San Francisco 1984
published: 18 Jun 2015 -
U2 Joshua Tree Tour Live - Buffalo, NY - 7 October 1987
10/07/1987 Civic Auditorium - Buffalo, New York, USA (Audience) Where The Streets Have No Name, I Will Follow, Trip Through Your Wires, I Still Haven't Found What I'm Looking For, MLK, The Unforgettable Fire, Exit / Van Morrison's Gloria (snippet), In God's Country, Springhill Mining Disaster, Sunday Bloody Sunday, Help, Bad, October, New Year's Day, Pride (In The Name Of Love) encores: Bullet The Blue Sky, Running To Stand Still, With Or Without You, 40 Last time U2 cover Springhill Mining Disaster.
published: 24 Feb 2013 -
TOTP Chart Rundown 29th October 1987
Chart rundown with Gary Davies. Also co-hosting is Steve Wright.
published: 05 Jun 2012 -
Cindy Crawford in Vogue (October 1987)
published: 04 Oct 2016
The Stock Market Crash of 1987 | Cancel Crash
- Order: Reorder
- Duration: 43:19
- Updated: 19 Aug 2015
- views: 23485
The fragile state of today’s world financial markets is not a new phenomenon. It wasn’t long ago that the world braced itself for another Great Depression.
It...
The fragile state of today’s world financial markets is not a new phenomenon. It wasn’t long ago that the world braced itself for another Great Depression.
It was the defining moment of the 1980's. The New York Stock Exchange, the epicenter of the world financial markets and backbone of American capitalism, was under siege. On October 19th, 1987, the Dow Jones Industrial Average plunged 508 points, the largest single day drop in the history of the stock market. But it was on Tuesday, October 20th that the world's financial markets came within 5 minutes of total disintegration.
How was it averted? Was it a miracle? Manipulation? Or a lucky trade?
Cancel Crash depicts the dramatic events that saved the world from financial anarchy and presents for the first time what actually happened on Terrible Tuesday. Framed between the opening bell on Friday, October 16h to the closing bell of Terrible Tuesday, the story unfolds as the perilous clock ticks, revealing those who prevented a global Depression and saved our financial markets.
======== tastytrade.com ========
Finally a financial network for traders, built by traders. Hosted by Tom Sosnoff and Tony Battista, tastytrade is a real financial network with 8 hours of live programming five days a week during market hours. From pop culture to advanced investment strategies, tastytrade has a broad spectrum of content for viewers of all kinds! Tune in and learn how to trade options successfully and make the most of your investments!
Watch tastytrade LIVE daily Monday-Friday 7am-3:30pmCT: https://goo.gl/OTv3Ez
Subscribe to our YouTube channel: https://www.youtube.com/user/tastytrade1?sub_confirmation=1
Follow tastytrade:
Twitter: https://twitter.com/tastytrade
Facebook: https://www.facebook.com/tastytrade
LinkedIn: http://www.linkedin.com/company/tastytrade
Instagram: http://instagram.com/tastytrade
Pinterest: http://www.pinterest.com/tastytrade/
https://wn.com/The_Stock_Market_Crash_Of_1987_|_Cancel_Crash
The fragile state of today’s world financial markets is not a new phenomenon. It wasn’t long ago that the world braced itself for another Great Depression.
It was the defining moment of the 1980's. The New York Stock Exchange, the epicenter of the world financial markets and backbone of American capitalism, was under siege. On October 19th, 1987, the Dow Jones Industrial Average plunged 508 points, the largest single day drop in the history of the stock market. But it was on Tuesday, October 20th that the world's financial markets came within 5 minutes of total disintegration.
How was it averted? Was it a miracle? Manipulation? Or a lucky trade?
Cancel Crash depicts the dramatic events that saved the world from financial anarchy and presents for the first time what actually happened on Terrible Tuesday. Framed between the opening bell on Friday, October 16h to the closing bell of Terrible Tuesday, the story unfolds as the perilous clock ticks, revealing those who prevented a global Depression and saved our financial markets.
======== tastytrade.com ========
Finally a financial network for traders, built by traders. Hosted by Tom Sosnoff and Tony Battista, tastytrade is a real financial network with 8 hours of live programming five days a week during market hours. From pop culture to advanced investment strategies, tastytrade has a broad spectrum of content for viewers of all kinds! Tune in and learn how to trade options successfully and make the most of your investments!
Watch tastytrade LIVE daily Monday-Friday 7am-3:30pmCT: https://goo.gl/OTv3Ez
Subscribe to our YouTube channel: https://www.youtube.com/user/tastytrade1?sub_confirmation=1
Follow tastytrade:
Twitter: https://twitter.com/tastytrade
Facebook: https://www.facebook.com/tastytrade
LinkedIn: http://www.linkedin.com/company/tastytrade
Instagram: http://instagram.com/tastytrade
Pinterest: http://www.pinterest.com/tastytrade/
- published: 19 Aug 2015
- views: 23485
Crash of 1987- Live news reports of Stock Market Crash
- Order: Reorder
- Duration: 4:11
- Updated: 31 Mar 2011
- views: 51452
Brookside - 6th October 1987 - (Excerpt)
- Order: Reorder
- Duration: 1:56
- Updated: 08 Jun 2014
- views: 1148
An excerpt from the 6th October 1987 episode of Brookside, the TV soap-opera set in Liverpool,England which aired from 1982 until 2003.
An excerpt from the 6th October 1987 episode of Brookside, the TV soap-opera set in Liverpool,England which aired from 1982 until 2003.
https://wn.com/Brookside_6Th_October_1987_(Excerpt)
An excerpt from the 6th October 1987 episode of Brookside, the TV soap-opera set in Liverpool,England which aired from 1982 until 2003.
- published: 08 Jun 2014
- views: 1148
WVIR-TV Open October 1987
- Order: Reorder
- Duration: 0:31
- Updated: 19 Oct 2012
- views: 808
What Caused the October 1987 Stock Market Decline? (1988)
- Order: Reorder
- Duration: 1:53:57
- Updated: 23 Jun 2014
- views: 8270
In finance, Black Monday refers to Monday, October 19, 1987, when stock markets around the world crashed, shedding a huge value in a very short time. The crash ...
In finance, Black Monday refers to Monday, October 19, 1987, when stock markets around the world crashed, shedding a huge value in a very short time. The crash began in Hong Kong and spread west to Europe, hitting the United States after other markets had already declined by a significant margin. The Dow Jones Industrial Average (DJIA) dropped by 508 points to 1738.74 (22.61%).
In Australia and New Zealand the 1987 crash is also referred to as Black Tuesday because of the timezone difference. The terms Black Monday and Black Tuesday are also applied to October 28 and 29, 1929, which occurred after Black Thursday on October 24, which started the Stock Market Crash of 1929.
In 1986, the United States economy began shifting from a rapidly growing recovery to a slower growing expansion, which resulted in a "soft landing" as the economy slowed and inflation dropped. The stock market advanced significantly, with the Dow peaking in August 1987 at 2722 points, or 44% over the previous year's closing of 1895 points.
On October 14, the DJIA dropped 95.46 points (3.8%) (a then record) to 2412.70, and fell another 58 points (2.4%) the next day, down over 12% from the August 25 all-time high.
On Thursday, October 15, 1987, Iran hit the American-owned supertanker, the Sungari, with a Silkworm missile off Kuwait's main Mina Al Ahmadi oil port. The next morning, Iran hit another ship, the U.S. flagged MV Sea Isle City, with another Silkworm missile.
On Friday, October 16, when all the markets in London were unexpectedly closed due to the Great Storm of 1987, the DJIA closed down another 108.35 points (4.6%) to close at 2246.74 on record volume. American Treasury Secretary James Baker stated concerns about the falling prices.
The crash began in Far Eastern markets the morning of October 19. Later that morning, two U.S. warships shelled an Iranian oil platform in the Persian Gulf in response to Iran's Silkworm missile attack on the Sea Isle City.
Possible causes for the decline included program trading, overvaluation, illiquidity, and market psychology.
A popular explanation for the 1987 crash was selling by program traders, most notably as a reaction to the computerized selling required by portfolio insurance hedges.[10] However, economist Dean Furbush points out that the biggest price drops occurred when trading volume was light.[11] In program trading, computers perform rapid stock executions based on external inputs, such as the price of related securities. Common strategies implemented by program trading involve an attempt to engage in arbitrage and portfolio insurance strategies. As computer technology became more available, the use of program trading grew dramatically within Wall Street firms. After the crash, many blamed program trading strategies for blindly selling stocks as markets fell, exacerbating the decline. Some economists theorized the speculative boom leading up to October was caused by program trading, and that the crash was merely a return to normalcy. Either way, program trading ended up taking the majority of the blame in the public eye for the 1987 stock market crash. U.S. Congressman Edward J. Markey, who had been warning about the possibility of a crash, stated that "Program trading was the principal cause."
Amidst the financial turmoil, the Fed encouraged banks to continue to lend to one another on their usual terms. The banks did this at a loss, but it preserved the system as a whole. Some experts argue the Fed's response to Black Monday ushered in a new era of investor confidence in the central bank's ability to calm severe market downturns.
After Black Monday, regulators overhauled trade-clearing protocols to bring uniformity to all prominent market products. They also developed new rules, known as circuit breakers, allowing exchanges to halt trading temporarily in instances of exceptionally large price declines. For example, under current rules, the New York Stock Exchange would temporarily halt trading when the S&P; 500 stock index declines 7 percent, 13 percent, and 20 percent in order to allow investors to make informed choices when the market is highly volatile.
http://en.wikipedia.org/wiki/1987_stock_market_crash
https://wn.com/What_Caused_The_October_1987_Stock_Market_Decline_(1988)
In finance, Black Monday refers to Monday, October 19, 1987, when stock markets around the world crashed, shedding a huge value in a very short time. The crash began in Hong Kong and spread west to Europe, hitting the United States after other markets had already declined by a significant margin. The Dow Jones Industrial Average (DJIA) dropped by 508 points to 1738.74 (22.61%).
In Australia and New Zealand the 1987 crash is also referred to as Black Tuesday because of the timezone difference. The terms Black Monday and Black Tuesday are also applied to October 28 and 29, 1929, which occurred after Black Thursday on October 24, which started the Stock Market Crash of 1929.
In 1986, the United States economy began shifting from a rapidly growing recovery to a slower growing expansion, which resulted in a "soft landing" as the economy slowed and inflation dropped. The stock market advanced significantly, with the Dow peaking in August 1987 at 2722 points, or 44% over the previous year's closing of 1895 points.
On October 14, the DJIA dropped 95.46 points (3.8%) (a then record) to 2412.70, and fell another 58 points (2.4%) the next day, down over 12% from the August 25 all-time high.
On Thursday, October 15, 1987, Iran hit the American-owned supertanker, the Sungari, with a Silkworm missile off Kuwait's main Mina Al Ahmadi oil port. The next morning, Iran hit another ship, the U.S. flagged MV Sea Isle City, with another Silkworm missile.
On Friday, October 16, when all the markets in London were unexpectedly closed due to the Great Storm of 1987, the DJIA closed down another 108.35 points (4.6%) to close at 2246.74 on record volume. American Treasury Secretary James Baker stated concerns about the falling prices.
The crash began in Far Eastern markets the morning of October 19. Later that morning, two U.S. warships shelled an Iranian oil platform in the Persian Gulf in response to Iran's Silkworm missile attack on the Sea Isle City.
Possible causes for the decline included program trading, overvaluation, illiquidity, and market psychology.
A popular explanation for the 1987 crash was selling by program traders, most notably as a reaction to the computerized selling required by portfolio insurance hedges.[10] However, economist Dean Furbush points out that the biggest price drops occurred when trading volume was light.[11] In program trading, computers perform rapid stock executions based on external inputs, such as the price of related securities. Common strategies implemented by program trading involve an attempt to engage in arbitrage and portfolio insurance strategies. As computer technology became more available, the use of program trading grew dramatically within Wall Street firms. After the crash, many blamed program trading strategies for blindly selling stocks as markets fell, exacerbating the decline. Some economists theorized the speculative boom leading up to October was caused by program trading, and that the crash was merely a return to normalcy. Either way, program trading ended up taking the majority of the blame in the public eye for the 1987 stock market crash. U.S. Congressman Edward J. Markey, who had been warning about the possibility of a crash, stated that "Program trading was the principal cause."
Amidst the financial turmoil, the Fed encouraged banks to continue to lend to one another on their usual terms. The banks did this at a loss, but it preserved the system as a whole. Some experts argue the Fed's response to Black Monday ushered in a new era of investor confidence in the central bank's ability to calm severe market downturns.
After Black Monday, regulators overhauled trade-clearing protocols to bring uniformity to all prominent market products. They also developed new rules, known as circuit breakers, allowing exchanges to halt trading temporarily in instances of exceptionally large price declines. For example, under current rules, the New York Stock Exchange would temporarily halt trading when the S&P; 500 stock index declines 7 percent, 13 percent, and 20 percent in order to allow investors to make informed choices when the market is highly volatile.
http://en.wikipedia.org/wiki/1987_stock_market_crash
- published: 23 Jun 2014
- views: 8270
The Price Is Right (October 14, 1987)
- Order: Reorder
- Duration: 42:39
- Updated: 07 Jul 2016
- views: 14233
Here (since it apparently hasn't been reposted yet) is an October 1987 episode of the Price Is Right.
This episode is notable in that it was the last one aired...
Here (since it apparently hasn't been reposted yet) is an October 1987 episode of the Price Is Right.
This episode is notable in that it was the last one aired with Bob Barker before he stopped coloring his hair. Will it have other moments to remember?
No copyright infringement is intended. Commercials will be done in a separate video in the future.
https://wn.com/The_Price_Is_Right_(October_14,_1987)
Here (since it apparently hasn't been reposted yet) is an October 1987 episode of the Price Is Right.
This episode is notable in that it was the last one aired with Bob Barker before he stopped coloring his hair. Will it have other moments to remember?
No copyright infringement is intended. Commercials will be done in a separate video in the future.
- published: 07 Jul 2016
- views: 14233
Larry Carlton - Warfield Theater, October 1987
- Order: Reorder
- Duration: 59:48
- Updated: 18 Jun 2015
- views: 1330
U2 Joshua Tree Tour Live - Buffalo, NY - 7 October 1987
- Order: Reorder
- Duration: 1:28:58
- Updated: 24 Feb 2013
- views: 4394
10/07/1987 Civic Auditorium - Buffalo, New York, USA (Audience)
Where The Streets Have No Name, I Will Follow, Trip Through Your Wires, I Still Haven't Found W...
10/07/1987 Civic Auditorium - Buffalo, New York, USA (Audience)
Where The Streets Have No Name, I Will Follow, Trip Through Your Wires, I Still Haven't Found What I'm Looking For, MLK, The Unforgettable Fire, Exit / Van Morrison's Gloria (snippet), In God's Country, Springhill Mining Disaster, Sunday Bloody Sunday, Help, Bad, October, New Year's Day, Pride (In The Name Of Love)
encores: Bullet The Blue Sky, Running To Stand Still, With Or Without You, 40
Last time U2 cover Springhill Mining Disaster.
https://wn.com/U2_Joshua_Tree_Tour_Live_Buffalo,_NY_7_October_1987
10/07/1987 Civic Auditorium - Buffalo, New York, USA (Audience)
Where The Streets Have No Name, I Will Follow, Trip Through Your Wires, I Still Haven't Found What I'm Looking For, MLK, The Unforgettable Fire, Exit / Van Morrison's Gloria (snippet), In God's Country, Springhill Mining Disaster, Sunday Bloody Sunday, Help, Bad, October, New Year's Day, Pride (In The Name Of Love)
encores: Bullet The Blue Sky, Running To Stand Still, With Or Without You, 40
Last time U2 cover Springhill Mining Disaster.
- published: 24 Feb 2013
- views: 4394
TOTP Chart Rundown 29th October 1987
- Order: Reorder
- Duration: 3:41
- Updated: 05 Jun 2012
- views: 2294
Cindy Crawford in Vogue (October 1987)
- Order: Reorder
- Duration: 1:05
- Updated: 04 Oct 2016
- views: 182
- published: 04 Oct 2016
- views: 182
-
-
The Price is Right - October 30th, 1987
published: 27 Jul 2014 -
Generic @ WNC, Groningen NL 09 October 1987 (Audio)
Generic @ WNC, Groningen NL 09 October 1987 (Audio)
published: 05 Oct 2014 -
D.N.P. @ WNC, Groningen NL 09 October 1987 (Audio)
D.N.P. @ WNC, Groningen NL 09 October 1987 (Audio)
published: 05 Oct 2014 -
Modern Talking -Thomas Anders Show (Live in Moscow October 1987)
published: 30 Jan 2017 -
What Caused the October 1987 Stock Market Decline? (1988)
published: 16 Aug 2016 -
36-UG IN AMSTERDAM,29TH OCTOBER 1987,PART 1-AUDIO
published: 17 Jul 2015 -
37-UG IN AMSTERDAM,29TH OCTOBER 1987,PART 2-AUDIO
published: 17 Jul 2015 -
-
Paul Daniels: Live at Halloween - October 1987 with magic guest Eugene Burger - MagicWeek.co.uk
Paul Daniels: Live at Halloween - 31st October 1987 with magic guest Eugene Burger. From The MagicWeek Video Archive http://www.magicweek.co.uk
published: 28 Oct 2016
Maple, Texas October, 1987
- Order: Reorder
- Duration: 1:05:08
- Updated: 11 Sep 2015
- views: 28
The Price is Right - October 30th, 1987
- Order: Reorder
- Duration: 41:58
- Updated: 27 Jul 2014
- views: 22091
- published: 27 Jul 2014
- views: 22091
Generic @ WNC, Groningen NL 09 October 1987 (Audio)
- Order: Reorder
- Duration: 45:46
- Updated: 05 Oct 2014
- views: 32
D.N.P. @ WNC, Groningen NL 09 October 1987 (Audio)
- Order: Reorder
- Duration: 35:34
- Updated: 05 Oct 2014
- views: 60
Modern Talking -Thomas Anders Show (Live in Moscow October 1987)
- Order: Reorder
- Duration: 1:27:41
- Updated: 30 Jan 2017
- views: 207
- published: 30 Jan 2017
- views: 207
What Caused the October 1987 Stock Market Decline? (1988)
- Order: Reorder
- Duration: 1:53:57
- Updated: 16 Aug 2016
- views: 0
- published: 16 Aug 2016
- views: 0
36-UG IN AMSTERDAM,29TH OCTOBER 1987,PART 1-AUDIO
- Order: Reorder
- Duration: 30:43
- Updated: 17 Jul 2015
- views: 41
- published: 17 Jul 2015
- views: 41
37-UG IN AMSTERDAM,29TH OCTOBER 1987,PART 2-AUDIO
- Order: Reorder
- Duration: 30:50
- Updated: 17 Jul 2015
- views: 44
- published: 17 Jul 2015
- views: 44
Robert Anton Wilson - October 1987
- Order: Reorder
- Duration: 1:37:35
- Updated: 20 Jan 2013
- views: 4098
Robert Anton Wilson talk. October, 1987.
Robert Anton Wilson talk. October, 1987.
https://wn.com/Robert_Anton_Wilson_October_1987
Paul Daniels: Live at Halloween - October 1987 with magic guest Eugene Burger - MagicWeek.co.uk
- Order: Reorder
- Duration: 38:57
- Updated: 28 Oct 2016
- views: 1627
Paul Daniels: Live at Halloween - 31st October 1987
with magic guest Eugene Burger. From The MagicWeek Video Archive http://www.magicweek.co.uk
Paul Daniels: Live at Halloween - 31st October 1987
with magic guest Eugene Burger. From The MagicWeek Video Archive http://www.magicweek.co.uk
https://wn.com/Paul_Daniels_Live_At_Halloween_October_1987_With_Magic_Guest_Eugene_Burger_Magicweek.Co.Uk
Paul Daniels: Live at Halloween - 31st October 1987
with magic guest Eugene Burger. From The MagicWeek Video Archive http://www.magicweek.co.uk
- published: 28 Oct 2016
- views: 1627
- Playlist
- Chat
- Playlist
- Chat
43:19
The Stock Market Crash of 1987 | Cancel Crash
The fragile state of today’s world financial markets is not a new phenomenon. It wasn’t lo...
published: 19 Aug 2015
The Stock Market Crash of 1987 | Cancel Crash
The Stock Market Crash of 1987 | Cancel Crash
- Report rights infringement
- published: 19 Aug 2015
- views: 23485
4:11
Crash of 1987- Live news reports of Stock Market Crash
CNN coverage of the Stock Market
crash of October 19,1987.
published: 31 Mar 2011
Crash of 1987- Live news reports of Stock Market Crash
Crash of 1987- Live news reports of Stock Market Crash
- Report rights infringement
- published: 31 Mar 2011
- views: 51452
1:56
Brookside - 6th October 1987 - (Excerpt)
An excerpt from the 6th October 1987 episode of Brookside, the TV soap-opera set in Liverp...
published: 08 Jun 2014
Brookside - 6th October 1987 - (Excerpt)
Brookside - 6th October 1987 - (Excerpt)
- Report rights infringement
- published: 08 Jun 2014
- views: 1148
0:31
WVIR-TV Open October 1987
This is a 6pm news Open from 1987.
published: 19 Oct 2012
WVIR-TV Open October 1987
WVIR-TV Open October 1987
- Report rights infringement
- published: 19 Oct 2012
- views: 808
1:53:57
What Caused the October 1987 Stock Market Decline? (1988)
In finance, Black Monday refers to Monday, October 19, 1987, when stock markets around the...
published: 23 Jun 2014
What Caused the October 1987 Stock Market Decline? (1988)
What Caused the October 1987 Stock Market Decline? (1988)
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- published: 23 Jun 2014
- views: 8270
42:39
The Price Is Right (October 14, 1987)
Here (since it apparently hasn't been reposted yet) is an October 1987 episode of the Pric...
published: 07 Jul 2016
The Price Is Right (October 14, 1987)
The Price Is Right (October 14, 1987)
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- published: 07 Jul 2016
- views: 14233
59:48
Larry Carlton - Warfield Theater, October 1987
Larry Carlton - San Francisco 1984
published: 18 Jun 2015
Larry Carlton - Warfield Theater, October 1987
Larry Carlton - Warfield Theater, October 1987
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- published: 18 Jun 2015
- views: 1330
1:28:58
U2 Joshua Tree Tour Live - Buffalo, NY - 7 October 1987
10/07/1987 Civic Auditorium - Buffalo, New York, USA (Audience)
Where The Streets Have No...
published: 24 Feb 2013
U2 Joshua Tree Tour Live - Buffalo, NY - 7 October 1987
U2 Joshua Tree Tour Live - Buffalo, NY - 7 October 1987
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- published: 24 Feb 2013
- views: 4394
3:41
TOTP Chart Rundown 29th October 1987
Chart rundown with Gary Davies. Also co-hosting is Steve Wright.
published: 05 Jun 2012
TOTP Chart Rundown 29th October 1987
TOTP Chart Rundown 29th October 1987
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- published: 05 Jun 2012
- views: 2294
1:05
Cindy Crawford in Vogue (October 1987)
published: 04 Oct 2016
Cindy Crawford in Vogue (October 1987)
Cindy Crawford in Vogue (October 1987)
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- published: 04 Oct 2016
- views: 182
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43:19
The Stock Market Crash of 1987 | Cancel Crash
The fragile state of today’s world financial markets is not a new phenomenon. It wasn’t lo...
published: 19 Aug 2015
The Stock Market Crash of 1987 | Cancel Crash
The Stock Market Crash of 1987 | Cancel Crash
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- published: 19 Aug 2015
- views: 23485
4:11
Crash of 1987- Live news reports of Stock Market Crash
CNN coverage of the Stock Market
crash of October 19,1987.
published: 31 Mar 2011
Crash of 1987- Live news reports of Stock Market Crash
Crash of 1987- Live news reports of Stock Market Crash
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- published: 31 Mar 2011
- views: 51452
1:56
Brookside - 6th October 1987 - (Excerpt)
An excerpt from the 6th October 1987 episode of Brookside, the TV soap-opera set in Liverp...
published: 08 Jun 2014
Brookside - 6th October 1987 - (Excerpt)
Brookside - 6th October 1987 - (Excerpt)
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- published: 08 Jun 2014
- views: 1148
0:31
WVIR-TV Open October 1987
This is a 6pm news Open from 1987.
published: 19 Oct 2012
WVIR-TV Open October 1987
WVIR-TV Open October 1987
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- published: 19 Oct 2012
- views: 808
1:53:57
What Caused the October 1987 Stock Market Decline? (1988)
In finance, Black Monday refers to Monday, October 19, 1987, when stock markets around the...
published: 23 Jun 2014
What Caused the October 1987 Stock Market Decline? (1988)
What Caused the October 1987 Stock Market Decline? (1988)
- Report rights infringement
- published: 23 Jun 2014
- views: 8270
42:39
The Price Is Right (October 14, 1987)
Here (since it apparently hasn't been reposted yet) is an October 1987 episode of the Pric...
published: 07 Jul 2016
The Price Is Right (October 14, 1987)
The Price Is Right (October 14, 1987)
- Report rights infringement
- published: 07 Jul 2016
- views: 14233
59:48
Larry Carlton - Warfield Theater, October 1987
Larry Carlton - San Francisco 1984
published: 18 Jun 2015
Larry Carlton - Warfield Theater, October 1987
Larry Carlton - Warfield Theater, October 1987
- Report rights infringement
- published: 18 Jun 2015
- views: 1330
1:28:58
U2 Joshua Tree Tour Live - Buffalo, NY - 7 October 1987
10/07/1987 Civic Auditorium - Buffalo, New York, USA (Audience)
Where The Streets Have No...
published: 24 Feb 2013
U2 Joshua Tree Tour Live - Buffalo, NY - 7 October 1987
U2 Joshua Tree Tour Live - Buffalo, NY - 7 October 1987
- Report rights infringement
- published: 24 Feb 2013
- views: 4394
3:41
TOTP Chart Rundown 29th October 1987
Chart rundown with Gary Davies. Also co-hosting is Steve Wright.
published: 05 Jun 2012
TOTP Chart Rundown 29th October 1987
TOTP Chart Rundown 29th October 1987
- Report rights infringement
- published: 05 Jun 2012
- views: 2294
1:05
Cindy Crawford in Vogue (October 1987)
published: 04 Oct 2016
Cindy Crawford in Vogue (October 1987)
Cindy Crawford in Vogue (October 1987)
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- published: 04 Oct 2016
- views: 182
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1:05:08
Maple, Texas October, 1987
Description
published: 11 Sep 2015
Maple, Texas October, 1987
41:58
The Price is Right - October 30th, 1987
published: 27 Jul 2014
The Price is Right - October 30th, 1987
The Price is Right - October 30th, 1987
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- published: 27 Jul 2014
- views: 22091
45:46
Generic @ WNC, Groningen NL 09 October 1987 (Audio)
Generic @ WNC, Groningen NL 09 October 1987 (Audio)
published: 05 Oct 2014
Generic @ WNC, Groningen NL 09 October 1987 (Audio)
Generic @ WNC, Groningen NL 09 October 1987 (Audio)
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- published: 05 Oct 2014
- views: 32
35:34
D.N.P. @ WNC, Groningen NL 09 October 1987 (Audio)
D.N.P. @ WNC, Groningen NL 09 October 1987 (Audio)
published: 05 Oct 2014
D.N.P. @ WNC, Groningen NL 09 October 1987 (Audio)
D.N.P. @ WNC, Groningen NL 09 October 1987 (Audio)
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- published: 05 Oct 2014
- views: 60
1:27:41
Modern Talking -Thomas Anders Show (Live in Moscow October 1987)
published: 30 Jan 2017
Modern Talking -Thomas Anders Show (Live in Moscow October 1987)
Modern Talking -Thomas Anders Show (Live in Moscow October 1987)
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- published: 30 Jan 2017
- views: 207
1:53:57
What Caused the October 1987 Stock Market Decline? (1988)
published: 16 Aug 2016
What Caused the October 1987 Stock Market Decline? (1988)
What Caused the October 1987 Stock Market Decline? (1988)
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- published: 16 Aug 2016
- views: 0
30:43
36-UG IN AMSTERDAM,29TH OCTOBER 1987,PART 1-AUDIO
published: 17 Jul 2015
36-UG IN AMSTERDAM,29TH OCTOBER 1987,PART 1-AUDIO
36-UG IN AMSTERDAM,29TH OCTOBER 1987,PART 1-AUDIO
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30:50
37-UG IN AMSTERDAM,29TH OCTOBER 1987,PART 2-AUDIO
published: 17 Jul 2015
37-UG IN AMSTERDAM,29TH OCTOBER 1987,PART 2-AUDIO
37-UG IN AMSTERDAM,29TH OCTOBER 1987,PART 2-AUDIO
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- published: 17 Jul 2015
- views: 44
1:37:35
Robert Anton Wilson - October 1987
Robert Anton Wilson talk. October, 1987.
published: 20 Jan 2013
Robert Anton Wilson - October 1987
Robert Anton Wilson - October 1987
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- published: 20 Jan 2013
- views: 4098
38:57
Paul Daniels: Live at Halloween - October 1987 with magic guest Eugene Burger - MagicWeek.co.uk
Paul Daniels: Live at Halloween - 31st October 1987
with magic guest Eugene Burger. From T...
published: 28 Oct 2016
Paul Daniels: Live at Halloween - October 1987 with magic guest Eugene Burger - MagicWeek.co.uk
Paul Daniels: Live at Halloween - October 1987 with magic guest Eugene Burger - MagicWeek.co.uk
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- published: 28 Oct 2016
- views: 1627
Maple, Texas October, 1987...
The Price is Right - October 30th, 1987...
Generic @ WNC, Groningen NL 09 October 1987 (Audio...
D.N.P. @ WNC, Groningen NL 09 October 1987 (Audio)...
Modern Talking -Thomas Anders Show (Live in Moscow...
What Caused the October 1987 Stock Market Decline?...
36-UG IN AMSTERDAM,29TH OCTOBER 1987,PART 1-AUDIO...
37-UG IN AMSTERDAM,29TH OCTOBER 1987,PART 2-AUDIO...
Robert Anton Wilson - October 1987...
Paul Daniels: Live at Halloween - October 1987 wit...
See more photos of october 1987
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Vladimir Putin offers fired FBI director James Comey asylum in Russia
Edit The Independent 15 Jun 2017
More follows… ....
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Report: Seven Killed, At Least 60 Injured In Explosion At Chinese Kindergarten In Fengxian
Edit WorldNews.com 15 Jun 2017
Early reports say seven people were killed and at least 60 people injured in an explosion at the front gate of a Chinese kindergarten in the city of Fengxian in China’s Jiangsu province Thursday, multiple media reports said. Parents were picking up children attending the kindergarten at 4.50 p.m....
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‘CIA’s Cherry Bomb’: WikiLeaks #Vault7 reveals wireless network targets
Edit Russia Today 15 Jun 2017
The latest Wikileaks Vault7 release reveals details of the CIA’s alleged Cherry Blossom project, a scheme that uses wireless devices to access users’ internet activity ... ....
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Australia's Turnbull mocks US President Trump in leaked audio
Edit CNN 15 Jun 2017
(CNN)Malcolm Turnbull's next phone call with Donald Trump could be awkward. The Australian Prime Minister mocked his US counterpart in a speech Wednesday night to a gathered crowd of journalists and politicians, during the Australian Parliament's boozy annual Midwinter Ball ... "It was beautiful. It was the most beautiful putting-me-at-ease ever," he told the crowd. JUST WATCHED. Trump had heated exchange with Australian PM. Replay ... Read More....
Bad trailers for great movies: 1987's 'Made in Heaven'
Edit Tampa Bay Times 15 Jun 2017
If you want to revisit some of Kelly McGillis ' best work in the '80s, consider the 1987 movie Made in Heaven . Of course, it helps that she's paired with Timothy Hutton ; the two stars share a chemistry that Top Gun pal Tom Cruise couldn't comprehend ... ....
Playwright A.R. Gurney, chronicler of Buffalo's fading grandeur, dies at 86
Edit Syracuse 15 Jun 2017
A.R ... He was 86. His death was confirmed by his grand-niece Jennifer Gurney. The cause was not known ... Gurney was born in Buffalo on Nov ... He later attended boarding school at St ... and the Yale School of Drama ... At that point, he told The Buffalo News in 1987, "everything began to happen.". Gurney's Broadway debut came in 1987 with a production of "Sweet Sue," now little remembered ... "Buffalo was the heart of my life," Gurney told The News in 1987....
Wednesday is 30th anniversary of fictional Keith Hernandez game on ‘Seinfeld’
Edit Kansas City Star 15 Jun 2017
Let the record show that on June 14, 1987, Keith Hernandez had two hits including a home run as the New York Mets beat the Pittsburgh Pirates 7-3 at Three … Click to Continue » ... ....
Lorry Driver In Jalan Bahau - Keratong Accident Charged With Reckless Driving
Edit Malaysian National News Agency 15 Jun 2017
Norzailan Omar, 44, claimed trial to the charge under Section 41(1) of the Road Transport Act 1987 which provides for ......
Prosecution To Call 39 Witnesses In Fatal Bicycle Accident Trial
Edit Malaysian National News Agency 15 Jun 2017
The charge under Section 41(1) of the Road Transport Act 1987 carries an imprisonment for up to 10 years and ......
Vidya Balan, Neha Dhupia prepare to pay an ode to Sridevi
Edit The Times of India 15 Jun 2017
The track pays an ode to Sridevi's uber cool outing in 'Mr India' (1987) ... RELATED. Comments. Characters Remaining. 3000....
Review: U2 successfully revives 'Joshua Tree' in Tampa for 30th anniversary tour
Edit Herald Tribune 15 Jun 2017
The group played the 1987 album in full at Raymond James Stadium, along with several of their biggest hits ... ....
A peek inside Rodman's odd gift bag for Kim Jong-un
Edit BBC News 15 Jun 2017
Gift one was President Donald Trump's ......
Watch: The DuckTales reboot gets a theme song, premiere date
Edit Hindustan Times 15 Jun 2017
It premiered on September 18, 1987 and ended on November 28, 1990 with a total of four seasons and 100 episodes....
Andy Warhol’s first self-portrait goes up for auction in London
Edit Inquirer 15 Jun 2017
It comes to the art market 30 years after the artist's death in 1987 ... ....
‘DOOL’ Spoilers: Will Chad And Gabi Have A Shot At A Real Relationship?
Edit Inquisitr 15 Jun 2017
Fans will see Steve have a run in with Anjelica Deveraux (Morgan Fairchild) ... The character made its debut on Days of Our Lives back in 1987, when actress Jane Elliot portrayed her ... ....
Club Deejay Fined RM1,800 After Pleading Guilty To DUI Charge
Edit Malaysian National News Agency 15 Jun 2017
Ooi committed the offence in Jalan Sungai Besi, here, at 3.45am, on May 6, under Section 45A (1) of the Road Transport Act 1987, which carries a maximum fine of RM6,000 ......
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