Floating Button
Home Views Global Markets

Omicron — it’s Black Friday!

Chew Sutat
Chew Sutat • 9 min read
Omicron — it’s Black Friday!
Fortunes have been made in past fire sales. Happy holidays!
Font Resizer
Share to Whatsapp
Share to Facebook
Share to LinkedIn
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

Q: Is the bull market over?

A: It depends — which bull market? Shopping, anyone?

Oct 19, 1987 — Black Monday, where a shocking 22.6% plunge on Wall Street reverberated around the world. All 23 major world markets at that time collapsed: eight of them by more than 20%; three of them by more than 30%; and another three by more than 40%. Hong Kong won the bogey prize — it was down 45.8% — and the exchange had to be shut for a week after.

×
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
© 2026 The Edge Publishing Pte Ltd. All rights reserved.