Market Decline
Submitted by Kaizen Financial Advisors, LLC on March 12th, 2020
We witnessed an extraordinary move in the financial markets on Monday, March 9.
We witnessed an extraordinary move in the financial markets on Monday, March 9.
Back in 1987, right after the markets had experienced the famous “Black Monday” decline which took the Dow Jones Industrial Average down by 22.6%, the weekly Barron’s financial publication featured, on its cover, a suitcase with the frightened eyes of a Wall Street broker peeking out of its dark recesses, and an arm reaching out to wave a white flag.