When Black Monday comes, I'm going to sell everything I own:
CONDITIONS in the financial markets are eerily similar to those that precipitated the “Black Monday” stock market crash of October 1987, according to leading City analysts.
A report by Barclays Capital says the run-up to the 1987 crash was characterised by a widening US current-account deficit, weak dollar, fears of rising inflation, a fading boom in American house prices, and the appointment of a new chairman of the Federal Reserve Board.
Whoa, such stunning parallels amongst five indicators cherry picked from the thousands available. Dude, that's amazing.