Black Friday: Difference between revisions
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imported>Doug Williamson (Create page. Sources: The Treasurer Deals Edition 2019 p6, Wikipedia https://en.wikipedia.org/wiki/Friday_the_13th_mini-crash, PwC https://www.pwc.co.uk/industries/retail-consumer/insights/black-friday-cyber-monday.html) |
imported>Doug Williamson m (Add link.) |
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Revision as of 18:50, 17 February 2019
1. Financial markets.
In financial markets, Black Friday means Friday 13 October 1989, a mini-crash in stock markets which was followed by a crash in high-yield ('junk') bond markets.
2. Retail.
In retail, Black Friday is the day following Thanksgiving Day in the US in November, on which many market participants discount retail prices.
