Don't be spooked by October market hoodooPHIL WALTER/GETTY IMAGES The bull market is getting long in the tooth. Black Thursday on October 24, 1929 kicked off the Great Depression, Black Monday on October 19, 1987 signalled the start of the 80s bear market. For a start, the bull market is getting long in the tooth. LAWRENCE SMITH/STUFF Black Thursday on October 24, 1929 kicked off the Great Depression, Black Monday on October 19, 1987 signalled the start of the 80s bear market. The quantitative easing (money printing and low interest rates) that rescued developed economies in the GFC saw global investors pump money into these markets in the search for higher returns.
Source: Stuff September 22, 2018 18:00 UTC