✉news BusinessMarkets first seen 12 h ago, last 2 h ago, peak #7

Elaine Garzarelli's Famous 1987 Crash Prediction Revisited

Original: Days Before Black Monday In 1987, A Lehman Analyst Correctly Predicted The Stock Market Crash On National TV. She Became A Wall Street Legend Over Night And Investors Handed Elaine Garzarelli $700 Million To Manage. The Next Year Her Fund Had

Days before the October 19, 1987 Black Monday crash, Lehman Brothers analyst Elaine Garzarelli correctly predicted the stock market collapse on national television, becoming an overnight Wall Street legend. Investors subsequently handed her around $700 million to manage, but her fund's performance the following year reportedly disappointed, a reminder that even famous market calls do not guarantee lasting success.

Why now: Investors spooked by current market turbulence are revisiting famous crash predictions from history.

Elaine GarzarelliLehman BrothersBlack Monday 1987Wall Street

Open on news →

Evidence

• Days Before Black Monday In 1987, A Lehman Analyst Correctly Predicted The Stock Market Crash On National TV. She Became A Wall Street Legend Over Night And Investors Handed Elaine Garzarelli $700 Million To Manage. The Next Year Her Fund Had · 24/7 Wall St.

API: https://socialmediatrends-api.osmike.com/v1/trends/913730