The Crash Of '87 Remembered: "It Was Clear The Acapulco Cliff-Dive Was On For Monday"
"We were tracking exponential moves in the equity market. The main one was the equity move in the 1920s, and the market in 1987 looked almost identical. The week before Black Monday, the technical and fundamentals aligned, and so we thought Monday would be the day..."
Janet Yellen expects healthy inflation to return
Federal Reserve Chair Janet Yellen gave a glimpse Sunday into what she called the most surprising thing about the American economy: the stubbornly low rate of inflation.