Stock market crashes, like the one in October 1929, don't single-handedly cause depressions, but they often expose weaknesses in the economy.Stock market crashes can leave positive legacies in their wake — even though they cause plenty of immediate pain.
While the triggers for stock market crashes vary, the ultimate outcome is always the same: the market recovers.Three little words strike more fear into investors' hearts than anything else: stock market crash. Generally, though a stock market crash is seen as a single trading day in which a stock exchange/market drops by at least 10%. But it can also be "anytime there's suddenly a lot of volatility that makes you wonder whether the world is coming to an end tomorrow," says Terry Marsh, a finance professor emeritus at Haas School of Business at the University of California Berkeley.
and other exotic investments for the first time and led to the creation of the Consumer Financial Protection Bureau. By the beginning of 2020, COVID-19 had spread widely in China and then to Europe — notably Italy — and to the US, where restaurants and nonessential stores closed to stem the tide of infection.
1937-1939 was a worthy candidate for inclusion.
Missed the crash of 1873.
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