Percentage wise, is this the largest drop in many years?

[question everything]

[Bernardo de La Paz]

1. No. . . . nt

[sinkingfeeling]

2. No, that was in 2020. But the 7 largest daily drops, including today's, have

all happened under TSF.

[iemanja]

3. Since 2020.

[IrishBubbaLiberal]

4. Black Monday 1987

https://en.wikipedia.org/wiki/Black_Monday_(1987)

On that Monday, the DJIA fell 508 points (22.6 percent), accompanied by crashes in the futures exchanges and options markets,[17] the largest one-day percentage drop in the history of the DJIA.[18] The DJIA fell from 2,246.74 at the open to 1,738.74 at the close.[19]

[Bernardo de La Paz]

5. Copied from a Wiz Imp post: Here's the top 10 percentages from the S&P 500

https://www.democraticunderground.com/?com=view_post&forum=1002&pid=20205209


RANK DATE DROP
1 10/19/1987 ( 20.47 )
2 10/28/1929 ( 12.34 )
3 3/16/2020 ( 11.98 )
4 10/29/1929 ( 10.16 )
5 11/6/1929 ( 9.92 )
6 3/12/2020 ( 9.51 )
7 10/18/1937 ( 9.27 )
8 10/15/2008 ( 9.04 )
9 12/1/2008 ( 8.93 )
10 7/20/1933 ( 8.88 )

8 of the 10 have been under Republicans (Hoover 3, Trump 2, W.Bush 2 & Reagan 1). 2 were under FDR during the 30's

Today's drop was the 2nd largest single day drop ever, but percentage wise it was only -4.84% which places it well below the top 20 percentage drops.

[question everything]

7. Thank you. I remember 1987 "Black October. ". I immediately called my broker to buy

Now…. I am just sitting tight. Still have to take RMD..

[bucolic_frolic]

6. We're all in the Krasnov Fund now!

Can you feel the excitement?

[littlemissmartypants]

8. It's not over. Time will tell.