The Stock Market Crash of 1987 or “Black Monday” was the largest one-day market crash in history. The Dow lost 22.6% of its value on October 19th 1987.
Marc Ostwald, Strategist at ADMISI, draws parallels between the macroeconomic situation back then and the one seen today. Ostwald isn’t predicting a crash here, but is merely pointing to interesting observation that an investor/trader needs to take into account. As they say forewarned is forearmed!