Black Monday crash - 30 years on

Поділитися
Вставка
  • Опубліковано 17 жов 2017
  • The 22.6 per cent slide remains the stock exchange's biggest ever. The FT asks what has changed in the intervening years
    ► Subscribe to FT.com here: bit.ly/2r8RJzM
    ► Subscribe to the Financial Times on UA-cam: bit.ly/FTimeSubs
    For more video content from the Financial Times, visit www.FT.com/video
    Twitter / ftvideo
    Facebook / financialtimes

КОМЕНТАРІ • 154

  • @Liboo52
    @Liboo52 3 роки тому +84

    “The first thing I look for when I enter a room is the exit sign.”
    Good advice

  • @nihilistichrisa5376
    @nihilistichrisa5376 4 роки тому +243

    Who’s watching this in March 2020? Ooooboy, this didn’t age well😂

  • @youtubeaccountno4447
    @youtubeaccountno4447 4 роки тому +159

    March 9th 2020: Another one
    March 12th 2020: Another one
    March 16th 2020: Another one

  • @johnnysardar123007
    @johnnysardar123007 3 роки тому +56

    This was the first day of Jordan Belfort at work.....😂

    • @mansonaty
      @mansonaty 3 роки тому +3

      Yeah, as a broker lol

  • @thesciguy4823
    @thesciguy4823 3 роки тому +17

    "I don't think it's gonna happen".
    March 9-16, 2020: -7,500 (-30.9%)

  • @Mariofan2479
    @Mariofan2479 4 роки тому +62

    3,000 point drop today.

    • @talentekhuzwayo2705
      @talentekhuzwayo2705 3 роки тому

      Which stock

    • @mark-ish
      @mark-ish 3 роки тому +1

      @@talentekhuzwayo2705 referring to the market not a stock. If you meant 'market' then its highly likely to be the sickly sweet bloated Dow.

    • @talentekhuzwayo2705
      @talentekhuzwayo2705 3 роки тому

      @@mark-ish im assuming u don't like DJ30😅

    • @talentekhuzwayo2705
      @talentekhuzwayo2705 3 роки тому

      @@mark-ish as in all stocks & indices put together they dropped 3000 points?

  • @alvinjacobo1894
    @alvinjacobo1894 4 роки тому +136

    Financial analysts: "No it wont happen, we have circuit breakers, we have fast computers"
    CoronaV.:"hehe "

  • @Kevin_Roche
    @Kevin_Roche 5 років тому +85

    To say it can't happen again is complete arrogance. The reason why prices change is because we have no control over it, unless someone has the tools to manipulate.

    • @samapple490
      @samapple490 3 роки тому +14

      Oh boy that aged well

    • @infamousroy4421
      @infamousroy4421 3 роки тому +1

      That's optimism not arrogance

    • @yashmehta8568
      @yashmehta8568 3 роки тому +1

      Fed put will be there

    • @Narrowcros
      @Narrowcros Рік тому +1

      He said it couldnt happen again in the way it did in 87, quick complete sell off. A stock market decline nowadays is for different reasons

  • @DrRockso79
    @DrRockso79 4 роки тому +19

    And here we are again on Black Thursday.

  • @dmitrishostakovich9559
    @dmitrishostakovich9559 4 роки тому +9

    Oh boy, remember when 500 hundred points was a financial crisis and not just a normal Thursday?

    • @alexandercrush
      @alexandercrush 4 роки тому +6

      500 points when the dow jones was around 2,600. So it be like dow dropping 5,000 now.

  • @CanadianPrepper
    @CanadianPrepper 4 роки тому +208

    1987: Worst one day decline in history
    Everyday of 2020: Hold my beer

    • @crackchef
      @crackchef 4 роки тому +6

      why is your comment one day ago bro? you must have had some insider info or be in on it with the elite and james corbett

    • @crackchef
      @crackchef 4 роки тому

      he can see thefuture

    • @quadroxism6645
      @quadroxism6645 4 роки тому

      *Everyday since Feb 28

    • @quadroxism6645
      @quadroxism6645 4 роки тому +1

      @@TheRealColin how

    • @crackchef
      @crackchef 4 роки тому

      Tell him firework name

  • @tannerwarwick2974
    @tannerwarwick2974 3 роки тому +6

    1987: 508 points, worst crash in History.
    2020: 508 points, we call that Thursday.

    • @alanbradley6120
      @alanbradley6120 3 роки тому +1

      You're too dumb to realize the difference. 508 points in 1987 = 25%. 508 points in 2020 = ~2%

  • @panzercop7950
    @panzercop7950 3 роки тому +10

    Lmfao Jordan’s first day as a broker

  • @funez-
    @funez- Рік тому +3

    Those dips are so tiny in comparison to the rally omg

  • @CallMeeDadddy
    @CallMeeDadddy 4 роки тому +30

    2020 checking in here and it happened #coronavirus

  • @kevinmartin5160
    @kevinmartin5160 Рік тому +5

    Well the market corrected in 2020, two years later, what nobody expected was the fast rebound.

  • @shaymoh4450
    @shaymoh4450 6 років тому +22

    Central bank intervention is all but expected. That's the problem right there!

  • @patbateman2088
    @patbateman2088 6 років тому +47

    Good job at getting both sides of the story. Try including some bears next time

    • @DannyOvox3
      @DannyOvox3 4 роки тому +2

      Pat Bateman I hate the 🐻 they shorted my gapping stocks 🙁

    • @Joseph-rx9tp
      @Joseph-rx9tp 3 роки тому +3

      bears are gay

    • @stevehat3
      @stevehat3 2 роки тому +2

      @Joseph is right bears are gay.

  • @awe_sam
    @awe_sam 4 роки тому +6

    Coronavirus: Lol Hold my beer.

  • @WillingNAbelVids
    @WillingNAbelVids 4 роки тому +2

    Wow this just happened

  • @LuminousAnima
    @LuminousAnima 4 роки тому +6

    2:32 LOL

  • @jayc_2172
    @jayc_2172 3 роки тому +1

    Intriguing

  • @allindafac3
    @allindafac3 4 роки тому +1

    Here we go again

  • @justinitdoesntmatter7515
    @justinitdoesntmatter7515 4 роки тому +7

    Corona Thursday March 12th, 2020

  • @ts9971
    @ts9971 3 роки тому +1

    February 2021 who’s here?

  • @MagicRon97
    @MagicRon97 4 роки тому

    I'm here after Black Monday and Black Thursday 2020

  • @extempetus7414
    @extempetus7414 Рік тому +2

    Coming soon...this Monday

  • @wizlie2376
    @wizlie2376 6 років тому +13

    its possible and there will be another black monday just cant tell when.. no one knows

  • @Bobbys715
    @Bobbys715 5 років тому +3

    All because of the Georgina play.

  • @talentekhuzwayo2705
    @talentekhuzwayo2705 3 роки тому

    Is this video directly Dow Jones?

  • @outdoorguy845
    @outdoorguy845 6 років тому +12

    the market is designed to go higher, the only ones who lost money are the people trying to short the market. just keep buying and think long-term

    • @luball416
      @luball416 5 років тому +4

      Joe R wrong , in this case the shorters banked, and buyers lost

    • @onwun4292
      @onwun4292 5 років тому

      George Soros?

  • @thesukkelman
    @thesukkelman 4 роки тому +2

    Lost 30% there, lost 40% at COVID-19

  • @hwadinskij7495
    @hwadinskij7495 3 роки тому +1

    2020 : hold my beer

  • @TG-om1ue
    @TG-om1ue 4 роки тому

    Coronavirus *kicks in the doork
    May i introduce myself

  • @jwiggins5100
    @jwiggins5100 4 роки тому +4

    I love seeing these experts get owned. Stop acting like you have a clue... The smartest man to me is the one who says I dont know because I cant predict the future.

    • @juandavidrestrepoduran6007
      @juandavidrestrepoduran6007 4 роки тому

      Dude, if we were to compare coronavirus with something in writer, it’s like a deus ex machina but in favor of a sickness getting the world on its knees. They owned nobody because nobody expected it and you saw 1 of the 3 dudes said it wouldn’t happen.

  • @dianabrown1409
    @dianabrown1409 6 років тому +1

    What about 2007 and 08

    • @raheelakhtar7
      @raheelakhtar7 5 років тому +1

      Diana Brown what about it? There was no 22% down day like on Oct 19, 87

  • @findyourfocus
    @findyourfocus 4 роки тому +1

    welcome to 2/24/2020

  • @Aureros
    @Aureros 3 роки тому +1

    I'm from the future! Wait to see 2020.

  • @wildtigers25
    @wildtigers25 2 роки тому

    COVID-19: Allow us to introduce ourselves

  • @ZoomerTrader
    @ZoomerTrader 4 роки тому +3

    March was just a month for bears but now all stocks are almost recovered
    Stonks only go up

  • @JonathanMahadeo
    @JonathanMahadeo 3 роки тому

    Boy were they wrong

  • @talentekhuzwayo2705
    @talentekhuzwayo2705 3 роки тому +1

    They'd shut down systems if it dropped to much?? Why??

    • @AYVYN
      @AYVYN Рік тому

      The rich lost money so the market became less free. Got to keep that hoarded wealth out of circulation.

  • @caizhangwei1
    @caizhangwei1 3 роки тому

    GME and AMC brought me here

  • @raulrobles7719
    @raulrobles7719 3 роки тому +2

    it's happening again this monday

    • @tgg766
      @tgg766 3 роки тому

      Same day, same, date on the worst year

    • @erichale6557
      @erichale6557 3 роки тому +1

      Yeah buddy! Gold and silver!

  • @hefftod
    @hefftod 4 роки тому

    New record

  • @young-ceo
    @young-ceo 5 років тому +15

    It's coming again. 2019.

    • @vidalsanchez3227
      @vidalsanchez3227 4 роки тому

      More like the small depression of 19 20

    • @urbex6057
      @urbex6057 4 роки тому +3

      Wrong, we made it to the holidays.. We're good.

    • @Gforcebond
      @Gforcebond 4 роки тому +2

      Yes that's what Corona said.

    • @Gforcebond
      @Gforcebond 4 роки тому

      Yes that's what Corona said.

    • @adalidomar4366
      @adalidomar4366 4 роки тому

      Everyone who can THINK saw it coming up almost on August, 2018.

  • @andrewholbourne8596
    @andrewholbourne8596 3 роки тому

    But stonks only go up.

  • @AAnka666
    @AAnka666 4 роки тому

    we have black thursday in sweden now due to corona outbreak .

  • @boszgabb3762
    @boszgabb3762 3 роки тому

    Aged like wine

  • @miket1284
    @miket1284 9 місяців тому

    As the s&p is at 4500 lol this vid is great

  • @kaushikseshadri
    @kaushikseshadri 3 роки тому +1

    Today it's just Omegalul 😂😂

  • @gabyr.883
    @gabyr.883 3 роки тому +1

    And the cocaine is?...

  • @joycekoch5746
    @joycekoch5746 4 роки тому +1

    Happy April Fools Day 2020.

  • @WalayatFamily
    @WalayatFamily 3 роки тому

    Everyone who comments on the crash is doing it with the benefit of hindsight, however there are only a handful of people who saw it coming and SHORTed it BEFORE the crash @

  • @BruceOp
    @BruceOp 2 роки тому

    My uncle lost $8,000 that day.

  • @shiloniousmonk
    @shiloniousmonk 4 роки тому

    Scam then scam now, no debate just theft

  • @darkpope6667
    @darkpope6667 4 роки тому

    Printers will go brrrrr

  • @Zoomer30_
    @Zoomer30_ 3 роки тому

    Black Monday. We call that Wednesday, or Friday, etc

  • @stickykitty
    @stickykitty 3 роки тому

    See you April 21
    I’ll be here till 23

  • @jerrysandcastle9880
    @jerrysandcastle9880 4 роки тому

    I don’t wanna say anything but ugh... 2020 isn’t looking the hottest on the market

  • @TweedSuit
    @TweedSuit 3 роки тому

    $TONK.
    HOLD THE LINE!!

  • @EmilSosnin
    @EmilSosnin 2 роки тому

    Murphy's Law people

  • @gameragamera656
    @gameragamera656 3 роки тому +2

    This monday will break them, he just said things survive because of circuit breaker supported short sellers

    • @Prod-lv9jn
      @Prod-lv9jn 3 роки тому +2

      To the moon 🚀🚀

    • @carl4243
      @carl4243 3 роки тому

      Wall street right now is begging for another crash.

    • @cooling9953
      @cooling9953 3 роки тому

      🚀🚀🚀

  • @billhughes869
    @billhughes869 4 роки тому

    Exit.

  • @adamshah5141
    @adamshah5141 Рік тому

    Mark my words this "black monday" tragedy will happen again

  • @anshulriyal
    @anshulriyal 3 роки тому +2

    Corono: HOLD MY BEER🍺

  • @yulinjacky
    @yulinjacky 4 роки тому +2

    This is coming March of 2020 coronavirus! I’m ready....Wall Street!!

  • @Vinlyguyx420x
    @Vinlyguyx420x 3 роки тому +1

    “Mu-hahahaha”
    -2020

  • @gianfrancobergagna4024
    @gianfrancobergagna4024 3 роки тому +1

    It will come back again pretty soon!

  • @peter9878
    @peter9878 4 роки тому

    It happened 2020

  • @kaedentruong6925
    @kaedentruong6925 2 роки тому

    Dow just dropped 1000 in one.. yesterday . 😂

    • @ppppropubgplayer6222
      @ppppropubgplayer6222 Рік тому

      Exactly the reaction didn’t understand But that was 3 decade back Dow need to fall 3-4K point in a day now to create havoc😂

  • @jimmason1072
    @jimmason1072 3 роки тому +1

    The new one will be call BLACK MARCH...2020..😀

  • @stickykitty
    @stickykitty 3 роки тому +1

    Ha! Is this a joke to 2020/21?
    I’m sure there will be a fountain of excuses

  • @wrexet8246
    @wrexet8246 Рік тому

    People who went short🤑

  • @user-hb2ku5oq5r
    @user-hb2ku5oq5r 2 місяці тому

    Economic cycles¡¡

  • @tulgold7892
    @tulgold7892 3 роки тому

    Who’s here after AMC and GME Hold and buy

  • @NoOne-rg1og
    @NoOne-rg1og 6 років тому +6

    this is why i daytrade and do not hold a single stock (no matter how promising) over night

  • @mkme2358
    @mkme2358 3 роки тому

    Ya no more one day crash but with the limits in place ... March crash took 10 days. @stockzalert

  • @gianfrancobergagna4024
    @gianfrancobergagna4024 3 роки тому

    The next will be worse and it will happen on Friday!

  • @aboothurabc.k2303
    @aboothurabc.k2303 2 роки тому

    500 point 😂😂😂

  • @kyotosinfinity5959
    @kyotosinfinity5959 3 роки тому

    Waaaahayyyyyyy

  • @jonathantaylor6926
    @jonathantaylor6926 10 місяців тому

    Oh I get it this was fear porn because DJT beat the Clot.

  • @ahkalro1
    @ahkalro1 4 роки тому

    2019 Oct still waiting for that day

  • @jakw97
    @jakw97 2 роки тому

    People in finace are sadly not smart people, some are brilliant and some are idiots.
    Buy shorts people

  • @jlirving
    @jlirving 4 роки тому

    Oooft

  • @The_Oracle
    @The_Oracle 2 роки тому

    Lol. Coronavirus.

  • @asimnawaz3191
    @asimnawaz3191 5 років тому +1

    A systematic Risk is always present and cannot be avoid or diversify whenever it hits the market. Just pray to GOD won’t happen again because it’s something like the act of GOD.

    • @joemartin1253
      @joemartin1253 5 років тому

      asim nawaz These motherfuckers don't believe in God they only believe in money!

    • @amdz4696
      @amdz4696 4 роки тому

      Actually I hope the crash happens haha. Best day for investors

  • @LoneGRoEnt
    @LoneGRoEnt 11 місяців тому

    TRUMP2020

  • @Nyetrel
    @Nyetrel 3 місяці тому

    I’m watching this in March of 2024. Black Monday 2.0 incoming tomorrow 😊