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The Kennedy Slide of 1962, also known as the Flash Crash of 1962, is the term given to the stock market decline from December 1961 to June 1962 during the Presidential term of John F. Kennedy. After the market experienced decades of growth since the Wall Street crash of 1929 , the stock market peaked during the end of 1961 and plummeted during ...
Also called the Great Crash or the Wall Street Crash, leading to the Great Depression. Recession of 1937–1938: 1937 USA: Lasting around a year, this share price fall was triggered by an economic recession within the Great Depression and doubts about the effectiveness of Franklin D. Roosevelt's New Deal policy. Kennedy Slide of 1962: 28 May ...
Indian economic crash of 1865 Panic of 1866 , was an international financial downturn that accompanied the failure of Overend, Gurney and Company in London Great depression of British agriculture (1873–1896)
1990: Under George H.W. Bush. Lasted four days. 1995: Under President Bill Clinton. Lasted five days. ... Lasted 35 days and cost the economy about $3 billion, equal to 0.02% of GDP, according to ...
The aforementioned George H. W. Bush doesn’t have much going for him in terms of numbers; he has the highest poverty rate and the third-lowest GDP growth. His unemployment rate is also high at 7 ...
According to the National Bureau of Economic Research (NBER), which is the private, nonprofit, nonpartisan organization charged with determining economic recessions, the U.S. economy was in recession from March 2001 to November 2001, [5] a period of eight months at the beginning of President George W. Bush's term of office. The NBER's Business ...
The S&P 500 (SNPINDEX: ^GSPC), widely viewed as a barometer for the entire U.S. stock market, has advanced 26% year to date.That puts the index on pace to return more than 20% for the second ...
The 1948 recession was a brief economic downturn; forecasters of the time expected much worse, perhaps influenced by the poor economy in their recent lifetimes. [62] The recession also followed a period of monetary tightening. [40] Recession of 1953: July 1953 – May 1954 10 months 3 years 9 months 6.1% (September 1954) −2.6%