The Canadian Press

1997-10-28 | Stock-markets

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Stock markets went on a roller coaster ride in late October. On October 27th Wall Street fell a record 554 points and the TSE dropped a record 434 points. Serious as the market upheavals were, many people were not surprised. Hugh Wilmer of the Toronto investment bank Gunday and Associates said the signs were apparent months earlier.

Date: 1997-10-28
Placeline: Toronto, ON, Canada
Source: The Canadian Press
Length: 22 seconds

Transcript Prediction: << I think we've been looking at it correction coming since July when the Asian markets started to deteriorate starting off with the, the county in Thailand, I think that was a warning and, what happens at the eventually affects the world causes a big enormous consumers >>

Clip ID: 19971028CPCN001