Revisiting the 1987 Stock Market Crash!! (NBR, FNN Videos)

Weekend financial entertainment continued. Here are some videos I found on youtube of the 1987 stock market crash. The first 3 videos are parts from the 10/19/1987 Nightly Business Report (w/ Neil Cavuto). The fourth video checks out what was going on at the CBOE with Ron Insana and the last video is a Dan Rather's story about how the crash woke up a generation. Market data was also mentioned in the second video. The market fell 508 points to 1738 (-22.6%) and the only two big movers to the upside were Newmont Gold +3 3/8 and Callahan Mining +2 1/4. It was also interesting that the 8 7/8% 2017 (30 year) U.S Treasury Bonds were yielding 9.96% and the Fed Funds Rate closed at 7 5/8%. All of these rates from 1987 are making me think bonds will soon be dumped.....

10/19/1987 Stock Market Crash (Nightly Business Report Pt. 1)


10/19/1987 Stock Market Crash (Nightly Business Report Pt. 2)


10/19/1987 Stock Market Crash (Nightly Business Report Pt. 3)


Ron Insana on Financial News Network reports from CBOE


Dan Rather: "The 1987 Wall Street Massacre" (Patrick Bateman Loses it All!)