This is the seldom-discussed catalyst of the historic stock market crash in October 1987,” he said. Recently, even the major stock market indices, such as the Hang Seng Index, have been showing an eerily similar trajectory as the Dow in October 1987, right before Black Monday. While we concede that many a technical chart of such startling nature can be drawn, the similarities between historical precedents and stock market movements are intriguing. It is worth taking a note,” Hong wrote. "An escalation of disputes will fundamentally change the outlook of global growth, which now appears peaking, and elevate inflation pressure.

Source: Forbes March 26, 2018 00:22 UTC