Hello my friends, today, im gonna show you the biggest falls of stock market SPX.
First fall was in 1987, stocks dropped over 20% in one single day, incredible. Market got back in 22 months. This day (19.11.) is always called "Black Monday".
The second fall was 9 years after "Black Monday". In august have SPX dropped about 15%. There were a lot of reasons, but the main reasons are Asian economic crisis, debt default by Russia and plummeting oil prices. we was back in 5 months.
The worse crisis came in 2001. This crisis is also called "Dot Com Bubble". All technology companies have dipped and SPX was down 50%. Market got back in 7 years.
Right after market got ATH (All-Time-High), market again dropped over 55%. Reason was american type of mortgage called "Subprime". A lot of investing banks have bankrupted. One of them was Lehman Brothers or Bear Stearns. This crisis was one of the biggest opportunities that ever happened, because properties were really cheap. Market was back on his feet in 6 years.
In 2018 dropped market over 15%? because of interest rate hikes. Market was back in 8 months.
The last crisis was an year ago, Covid-19. Small companies have bankrupted. Market dropped over 30%. Back in 6 months.
Okay guys, seems we are at the end, thanks for reading, hope you admire it, if yes, you can support me by Like and also you can Follow me, because i will do these things really often.
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Thanks for all your likes and comments, it´s the best motivation you can give me :)
@dahkohta, well, that´s a good question. I think that we are now in energy crisis, a lot of energy companies have bankrupted already. But who knows, noone can predict future. Crypto looks like big bubble, but it´s just my opinion.