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As the stock market gets rocked, let's remember … – Business Insider

UBSUBS’s Julian Emanuel highlighted this in a July note to clients.The Dow Jones Industrial Average plunged a shocking 508 points — or about 22.6% — back on October 19, 1987.But as scary as that drop was, US economic growth was resilient, and gross-domestic-product growth never went negative.This little anecdote about the 1987 crash is important to remember in light of this week’s hemorrhaging stock […]