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IPFS News Link • Stock Market

Stock market on upward trajectory thanks to low interest rates, debt growth

• https://born2invest.com, By David Chapman

The U.S. stock market is strengthening with the help of low-interest rates and even the anticipation surrounding the Trump government's reforms, which can give the stock market a substantial boost.

Weekly Update

For those who may remember, October 19 was the 30th anniversary of Black Monday, the 1987 stock market crash—the day when stock markets around the world crashed in unison. The crash got underway in Hong Kong and then spread to Europe before hitting North American markets. The Dow Jones Industrials (DJI) fell 508 points that day, a decline of 22.6%. As dramatic as it was, most people probably forget the run-up that preceded the crash. The run-up got underway with a low on 12 September 1986, at 1,733.55 and didn't top until 347 days later on 25 August 1987 at 2,746.64 for a gain of 58%.


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