$E-mini NASDAQ 100 Futures(DEC4) (NQmain.US)$Wall Street New...
$E-mini NASDAQ 100 Futures(DEC4) (NQmain.US)$Wall Street News '1987 Black Monday' replay: group trade reversal, liquidity shock, what happened afterwards? Summary: The Federal Reserve urgently cut interest rates by 50 basis points and implemented algo easing to inject liquidity to "rescue the market". Finally, the sharp drop in 1987 gradually subsided, and the risk did not spread to a larger scale, but the danger lies in the possibility of a self-reinforcing sharp drop evolving into a crediting crunch.
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