Find out about the factors behind the stock market crash of 1987, also known as black monday, when the dow jones industrial average fell 23%. Black monday hails from executive producers seth rogen and evan goldberg, who also directed the pilot, and purports to tell the previously known story of what caused the october 19, 1987 stock. In 1987, after a turbulent eight days, the market appeared to have stabilized. Black monday takes us back to october 19, 1987 the worst stock market crash in the history of wall street. Black monday on october 19, 1987 is the name commonly attached to a sudden, severe, and largely unexpected stock market crash that struck the global financial market system. Its the story of how a group of outsiders took on the blueblood, oldboys club of wall street and ended up crashing the worlds largest financial system, a lamborghini limousine, don. What came to be known as black monday was actually the culmination of a. There was a similar decline on black monday in 1987, and the american markets were badly wounded. This outrageous comedy series tells the story of how a group of outsiders took on the blueblood, oldboys club of wall street.
Black monday, dow jones industrial average, 1987 crash. It is an 80s film fan fiction that puts a professional hustler in the pocket of every mafia. Financial crash of 1987 black monday october 19, 1987 from an elliott wave perspective, the 1987 crash was really just a massive wave 2 drop. The stock market crash of 1987 or black monday was the largest oneday market crash in history. Showtimes new comedy black monday which dropped its first episode online for free dec. Freshen up your watchlist with prime videos latest roster of streaming movies and tv. It is thought that the cause of the crash was precipitated by computer program. Showtimes black monday trailer attempts to get to the bottom of the october 19, 1987 stock market crash.
At that point, black monday represented the dows biggest singleday drop. Endgame, andrew rannells a simple favor, and regina hall support the girls, black monday takes. Black monday is an american comedy television series created by jordan cahan and david caspe that premiered on january 20, 2019 on showtime. While showtimes new comedy series, black monday, isnt based on a true story, it is grounded in some very real history. Inflationadjusted figures are based on ticket sale estimates. This is the story of how a group of outsiders took on the blueblood, oldboys club of wall street. This is the story of how a group of outsiders took on the blueblood, oldboys club of wall street and ended up crashing the worlds largest financial system, a lamborghini limousine.
One of the worst movies ever made is dominating on netflix. Showtimes black monday trailer attempts to get to the bottom of the october 19. Watch black monday streaming online hulu free trial. Black monday takes viewers back to october 19, 1987 aka black monday, the worst stock market crash in. Travel back to october 19, 1987aka black monday, the worst stock market crash in the history of wall street. Black monday teaser trailer has don cheadle chasing. See top 1987 movies at the domestic box office for the total domestic box office for the top 100 movies released in 1987, and movie index 1987 for an overview. Travel black to october 19, 1987aka black monday, the worst stock market crash in the history of wall street. Longterm bonds were then yielding more than io percent annually.
What i learned from the 1987 stock market crash roger hsu via wikipedia by steven goldberg, contributing columnist originally published oct. The black monday stock market crash of october 19, 1987, saw u. This is the story of how a group of outsiders took on the blueblood, oldboys club of wall street and ended up crashing the worlds largest financial system, a lamborghini limousine and the glass ceiling. It was the first significant instance of computerdriven trading run amok. The dow industrials recovered in two years to reach previous highs reached in august 1987. We take a look back at black monday 1987 in numbers.
These years were an extension of an extremely powerful bull market that had started in the summer of 1982. Showtime is ready to take you back to 1987, where wall street saw the worst. Black monday plays the wall street crash for laughs showtime goes back to the 80s for its new tv series, skewering the gordon gekko types it portrays. With don cheadle, andrew rannells, paul scheer, regina hall. Watch black monday online now streaming in hd stan. Black monday based on a true story but is it accurate. From there, black monday jumps back to a year before that day. Its the story of how a group of outsiders took on the blueblood, oldboys club of wall street and ended up crashing the worlds largest financial system, a lamborghini limousine, don henleys b. Black monday is described as taking the audience back to october 19, 1987 aka black monday, the worst stock market crash in wall street history. Black monday plays the wall street crash for laughs wsj.
By opting to have your ticket verified for this movie, you are allowing us to check the email address associated with your rotten tomatoes account against an email. A group of outsiders takes on the 1980s oldboys club of wall street. The episodes titles indicate the number of days left before the infamous 1987 crash on wall street. In april 2019, the series was renewed for a second season that premiered on march 15, 2020. It was a day so terrible, it will forever be known as black monday.
Black monday is used most often to refer to the largest oneday percentage drop in stock. What nassim taleb did on black monday 1987 duration. On black monday 1987, the average 30year fixed mortgage cost 11. Seasons, episodes, cast, characters official series. The series stars don cheadle, andrew rannells, regina hall, and paul scheer and follows the employees of secondtier wall street trading firm the jammer group in the year leading up to black monday, the day when international stock markets crashed in 1987. Black monday premieres sunday, january 20 at 10pm etpt. On october 19, 1987, the dow jones dropped 508 points, or almost 22% in a single day.
For example, the 2004 box office year ended on sunday, january 2, 2005. If you had put your money that day in the dow, then by the following monday it. The tenepisode darkly comic series, which is set against the backdrop of the wor. By the end of the month, the dow was some 15 percent above the black monday close. This is a documentary about the wall street crash in 1987. Exactly 25 years ago today the dow jones industrial average fell 22. Monday, october 23, 1989, arlington heights, illinois. What everyone forgets about 1987 is that the week of black monday was the end of the move, not the beginning of the move.
Travel back to october 19, 1987, aka black monday, the worst stock market crash in history. Black monday cocreator david caspe discusses the shows death. Black monday on october 19, 1987 is the name commonly attached to a sudden, severe, and largely unexpected stock market crash that struck the global. Black monday, as the day became known, is part of financial historys fossil record, a divide between old and new markets. Black monday is the name given to stock market crashes that occurred on three different mondays. Black mondays don cheadle, andrew rannells and cocreator jordan cahan discuss the shows surreal depiction of the 1987 stock market crash and the lehman brothers.
This was one of the largest oneday percentage drops in the history of the. The 1987 crash, also known as black monday, is famously now known as a buying opportunity. Black monday in numbers it was a frightening week, more frightening than any week in 08 jim chanos. Virtually no one is predicting a repeat of black monday, which was the stock.
It also refers to the monday after thanksgiving, called cyber monday. In the united states, the dow jones industrial average djia fell 508 points 22. Black monday takes viewers back to october 19, 1987 aka black monday, the worst stock market crash in the history of wall street. See more ideas about black monday 1987, stock market and 1987 stock market crash. Trailer for showtimes black monday series brings wall. Travel black to october 19, 1987aka black monday, the worst stock market. This is the story of how a group of outsiders took on the blueblood, oldboys club of wall street and ended up crashing the worlds largest financial system, a lamborghini.
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