What caused the Oct 1987 stock market crash?
The “Black Monday” stock market crash of October 19, 1987, saw U.S. markets fall more than 20% in a single day. It is thought that the cause of the crash was precipitated by computer program-driven trading models that followed a portfolio insurance strategy as well as investor panic.
Where did the stock market crash begin in October 1987?
“Black Monday” refers to the catastrophic stock market crash that occurred on Monday, October 19, 1987. The crash occurred worldwide, starting in Hong Kong and spreading throughout Asia and Europe before reaching the United States.
What date did the market crash in 2020?
February 20, 2020
2020 stock market crash/Start dates
Is the stock market going to crash in the Shemitah cycle?
So, although we are not seeing any crash, we do see weakness in the financial markets. The next Shemitah year will start in September of 2021. Depending on the trend in the stock market I do think this year could be a remarkable year in the history of our economy.
When does the 7 th year of the Shemitah occur?
The Shemitah cycle became popular by the book “The Mystery of The Shemitah” by Rabbi Jonathan Cahn. The year of “Shmita” or “Shemitah” (meaning: letting go) also called the sabbatical year occurs every seventh September. The story behind the Shemitah is that the 7 th year is the year of resting and releasing.
Is there such a thing as the Shemitah effect?
I call this proposition the Shemitah Effect, after a Biblical law and the Jewish name that is used to describe it. In 2012, the Christian Rabbi Jonathan Cahn published a book entitled The Harbinger: The Ancient Mystery That Holds the Secret of America’s Future (Frontline Pub Inc).
How is the Shemitah related to the Harbinger?
He described within it, as part of a series of harbingers to judgment affecting the United States and the world, a concept related to an old Jewish law often called the Shemitah (The Harbinger, p. 153).