Black
Monday is known historically for the famous October stock market crash in 1987
in which nearly 25% of the market value dropped in one day... as well as being
infamous for the original stock market crash on October 28th, 1929. Black
Monday, usually in late October, is associated with ominous events, turbulence,
and calamities. This month is the 30th anniversary of 1987’s Black Monday
disaster. Will Washington experience its own turbulent Black Monday?
I
think all the pieces are now in place for an unprecedented political crisis in
Washington. In the short run, I’m concerned that many Americans will fear for
the nation’s good health. In the long term, I believe America will survive
and thrive past Black Monday in Washington 2017. However, I think our long-term
outlook is still rock solid, optimistic, and good. [Read more on the Trump-Russian Collusion
Investigation; the Clinton-DNC Trump dossier and more...]
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