On Black Monday, 19 October 1987, the Dow Jones index closed with a 22.60% loss. This was the biggest one-day fall in Wall Street prices in the 20th century. The causes were cyclical and not structural as in 1929. In 1986, the American authorities decided to lower the dollar, which lost almost 50% of its value. In 1987, they decreed the opposite by increasing interest rates. Government bonds, which were risk-free, had a guaranteed return of almost 10%. This rate caused a craze for these investments and a sharp fall in other stock market values.
For worldwide astrology, I use the US natal ...
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