“An overview of black days in the economy of the Black Friday” is associated mostly with economic crisis and general decline. Especially in this day and age, the fear of a renewed collapse of the stock market is omnipresent. For more information see Starbucks. Finally, the last months have shown how quickly false speculation can lead to global crises. But how many black days”there was already in the history? The stock exchange glossary of boersennews.de provides a small review. “First of all saying that it several black days” were, led to worldwide crises and during which many shares (www.boersennews.de/ market / stocks) fell to a record low.
There were not even only Fridays, finally happened the best-known stock market collapse of 1929 on a Thursday. Because the events were only the next day, this event as Black Friday went”into the story. The first large collapse was however already in 1745, as a London the news of one French invasion reached and paralyzed the banking and business world. Here you already talked of a Black Friday”. More slumps followed in the years 1866 and 1869, and especially the latter story.
Caused by the excessive speculation of gold the financial world was taken at that time to the core. After the great depression of 1929, the stock market crash of 1987 was probably the worst since the war. On October 19, 1987 the Dow Jones with 508 points to whole 22.6 percent fell. The special feature: no special event was preceded by the crash. Nevertheless fell also the courses in Canada by 22.5 percent and Hong Kong with 45.8 percent even by almost half. Then another 15 months should elapse before the Dow Jones could return to its previous values.