Nassim Taleb on Black Monday, Fed, Market Lessons

Oct.16, 2017 -- The Black Monday crash was 30 years ago this week. "Black Swan" author Nassim Taleb was a trader for First Boston at the time. He made a lot of money while others lost fortunes. He recounts the experience with Bloomberg's Erik Schatzker.

Black Monday: Biggest Slide In Chinese Stocks Since 2007, Brent Oil Below $44

The Shanghai composite has closed down 8.5 percent in a brutal selloff, as Beijing’s measures have failed to ease investor concerns about the slowdown of the world's second-largest economy. China's stocks are now down for the year after being up 60 percent in June.