FA Center: How likely is a 1987-style stock-market crash today? Likelier than you’d think.

There’s a one-in-five chance that over the next 30 years the U.S. market will suffer a 20%-plus single-day plunge.

Previous post The Ratings Game: Tesla’s stock falls after earnings. Is Wall Street missing the big picture?
Next post Need to Know: Stanley Druckenmiller said central banks, not earnings, move markets. Today is the day to pay attention.