THE CRASH: WILL IT HAPPEN AND WHEN

(adsbygoogle = window.adsbygoogle || []).push({}); In the 1987 stock market crash, according to the conclusions of the official Brady report, colossal sales of stock index futures by so-called portfolio insurers – whose investment strategies depended entirely on these derivatives – greatly exacerbated the 500-point market decline. Carol Loomis They were the darkest of times, the...

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