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home / news releases / SPTL - Thoughts On Market Crashes


SPTL - Thoughts On Market Crashes

Back in October of 1987, I was one year into my job at Leland O'Brien Rubinstein ((LOR)), the firm that was later accused of having caused the biggest stock market crash in modern times (that's a story for another day). On Sunday night, October 18th, I remember thinking "tomorrow is going to be very ugly." And indeed it was, as the stock market went on to lose more than one-third of its value in the span of just two months. Last night I thought the same, and this morning the market opened almost 20% below

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Stock Information

Company Name: SPDR Portfolio Long Term Treasury
Stock Symbol: SPTL
Market: NYSE

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