Black Monday - Part 1 - Nightly Business Report Oct.19, 1987

First 10 minutes of the Nightly Business Report episode from Black Monday, October 19, 1987. The Dow Jones Average dropped by more than 22% that day to close at 1,738 with volume double the previous record (set the preceding Friday). Just two months earlier the average had peaked at 2,722, a level it would not see again for two years and would revisit for the final time in early 1991.

Category:

Education

Tags:

• economics
• crash
• of
• 1987
• black
• monday
• october
• 19
• nightly
• business
• report

[anglekan]

I miss that america. 

[ducksmasher11]

professionalism worldwide! prestige worldwide!

[gengarjetty]

any one have an episode with stan weinstein?

[MisterEvasion]

The phenomenon of an overheated economy was beginning to be understood. A lot left wing commentators couldn't wait to blame Reaganomics for the crash in their newspaper columns. They had waited years for something bad to cheer about during the Reagan years. But calm prevailed in the end and the market continued to spiral dizzingly to massive highs throughout the 1990s.

[jared5785]

sorry for the sp error.

[jared5785]

This guy in the begining looks like Jonny Deep in edward sciaaoehands.. lol..

[estesoyojajaja]

@JP5466 Gold, $185/oz ? Fuck !!!! I wish the price of Gold would be that on today's market.

[radiodj1520]

In This Clip, From 0:00 To 1:06, It Was PBS-TV's The Nightly Business Report Video Open From Monday Evening, October 19, 1987.

[jazzyspazzrawr]

they seem to have quite a sense of humor about it...weird

[cmares58]

Omg Niel Cavuto lol