Black Monday 1x9 Here

Trading floors were in chaos, with many panic-selling to cut losses, leading to billions vanishing before lunch, according to a story in Substack.

After years of rapid growth—with many global markets rising over 30% annually for five years—stocks were considered significantly overvalued and primed for a correction. Black monday 1x9

A significant driver was the widespread use of computerized "program trading" designed to sell stocks automatically as prices fell, intended to hedge against losses. This backfired, creating a, "cascading feedback loop" where selling sparked more selling. Trading floors were in chaos, with many panic-selling

The Federal Reserve and central banks worldwide intervened by providing massive liquidity, ensuring the financial system did not freeze up, says the Federal Reserve History. This backfired, creating a, "cascading feedback loop" where

Investor sentiment turned negative, fueled by rising interest rates and tension in the Middle East.