Recent stock market crash is similar to 1987, long-time investor says
Liz Ann Sonders, now the senior vice president and chief investment strategist of Charles Schwab, was about one year into a job at Zweig/Avatar Group when the market crashed on October 19, 1987. On Thursday, US markets posted their worst daily performance since the 1987 market crash. Sonders told Business Insider she sees similarities between the two events, as well as with other major market crashes that have happened over the last 33 years. Read more on Business Insider.
Liz Ann Sonders, now the senior vice president and chief investment strategist of Charles Schwab, was about one year into a job at Zweig/Avatar Group when the market crashed on October 19, 1987. On Thursday, US markets posted their worst daily performance since the 1987 market crash. Sonders told Business Insider she sees similarities between the two events, as well as with other major market crashes that have happened over the last 33 years. Read more on Business Insider.
Read in Business Insider: https://apple.news/AmlK0FqEAQfGZ-qaAMU3k3A
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