Meltdown Monday
Encyclopedia
Meltdown Monday is a term used by some financial news outlets to describe Mondays with large losses in financial markets. In the late 1980s and early 1990s, the term was used most often in reference to October 19, 1987, which later became known as Black Monday 1987
Black Monday (1987)
In finance, Black Monday refers to Monday October 19, 1987, when stock markets around the world crashed, shedding a huge value in a very short time. The crash began in Hong Kong and spread west to Europe, hitting the United States after other markets had already declined by a significant margin...

 (a reference to the older term with a similar meaning, Black Monday
Black Monday
Black Monday is a term used to refer to certain events which occur on a Monday. It has been used in the following cases:* Black Monday, Dublin, 1209 – when a group of 500 recently arrived settlers from Bristol were massacred by warriors of the Gaelic O'Byrne clan...

). Several events which were initially referred to as Meltdown Mondays by the press have since been referred to most often as Black Mondays.
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