Kenny Polcari - A Brief History of the NYSE Pt II 1987 – 2000

And so the story continues with the Black Monday Crash of 1987 through to the tech boom, Y2K bug and the year 2000.

"These big Americana blue chip names got absolutely hammered. And so thus the Dow fell, you know, 22 and a half percent, the S&P that fell. It was horrendous. I'll never forget it. Again as I tell the story, I can feel myself in the room. I can feel the phones ringing. I can feel the tension in the, in the place. It was really, it was unbelievable. It was unbelievable. And we were there that night until, you know, eight or nine o'clock at night, just writing reports and confirming trades because there was such swings in prices.”

•https://www.kacecapitaladvisors.com/ (Company Website)

•https://www.kennypolcari.com/ (Personal Website)

"As the founder and Managing Partner at Kace Capital Advisors and a CNBC Market Analyst - I have dedicated my career to helping my clients and their families achieve their financial goals in life. As Chief Market Strategist at Slatestone Wealth I have a range of investment strategy responsibilities including U.S. market and economic analysis and client engagement. I am also a contributor to TDAmeritrade Internal Network and a keynote speaker at many industry and retail events.

A 38 year member of the New York Stock Exchange (NYSE) I bring over 30 years of executive management experience in institutional equities and wealth management, and twenty-five years of stewardship in industry advocacy.

I am on the board of the National Organization of Investment Professionals (NOIP), and the Headstrong Project, a nonprofit providing free treatment to 9/11 combat veterans suffering from PTS. Regularly quoted in The Wall Street Journal, Kiplingers, MarketWatch, Thompson Reuters, TheStreet.com and others."

Portfolio tracker Sharesight tracks your trades, shows your true performance, and saves you time and money at tax time. Get 4 months free at https://www.sharesight.com/au/sharesforbeginners

Disclosure: The links provided are affiliate links. I will be paid a commission if you use these link to make a purchase. You will also usually receive a discount by using these links/coupon codes. I only recommend products and services that I use and trust myself or where I have interviewed and/or met the founders and have assured myself that they’re offering something of value.

Stocks for Beginners is for information and educational purposes only. It isn’t financial advice, and you shouldn’t buy or sell any investments based on what you’ve heard here. Any opinion or commentary is the view of the speaker only not Stocks for Beginners. This podcast doesn’t replace professional advice regarding your personal financial needs, circumstances or current situation. Thanks to Christopher Soulos for music production out of Garlic Breath Studio https://www.facebook.com/GarlicBreathStudio. Remember music flows when the money don’t.

Hosted on Acast. See acast.com/privacy for more information.