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‘It’s Too Quiet’: Markets Calm After Xi Lays Out China’s Friendly World Domination Plans
Some folks are saying it's "too quiet" out there on Wednesday morning, although European shares look
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“It’s the 30th anniversary of Black Monday, when rising rates, geopolitics and frothy asset prices combined to deliver a very sharp equity market correction”
Don’t forget another all-important factor. The dollar fell substantially back then after the G5 Plaza Accord. So more & more capital wanted to exit US. Fast forward 30 years and it’s another similarity between today and the prelude to black monday.