The Stock Market Crash of 1987 Research Paper by Calwriter

This report discusses the stock market crash of 1987 by delving into some of the less obvious reasons for that dramatic day on Wall Street. The report also provides additional insights into how and why investors are in the game and why they were so taken aback by that particular market downturn. This testimony also examines some of the consequences that occurred immediately following the events and how those series of events have carried through to the mindset of present-day investments and the Federal Reserve Bank's policies and procedures. The report then attempts to ascertain some lessons learned so as to avoid repeating history. Finally, this report attempts to explain some investor philosophies that are continually occurring throughout history and takes a look at the steps taken by the overseers of the market itself, which have the sole purpose of preventing future crashes of the magnitude of 1987's downturn.