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Dow tumbles 1,000 points for third time this week as Friday’s sell-off worsens


tacobell fan

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"a stock market crash is a sudden drop of stock prices, either throughout the entire stock market, or in a specific sector. The Crash of 1929, which was followed by the Great Depression, is the most well-known example, with the market plunging by 23% over a two-day period and eventually losing 89% of its value before bottoming out. Other examples are Black Monday in 1987, when the Dow Jones Industrial Average lost 22.6% in one day, and the crash of 2008, in which the market dropped 21% in a week.

The bottom line is that recessions, corrections, and bear markets are all normal and healthy economic occurrences, while stock market crashes are unusual events, often driven by panic. "

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3 hours ago, tacobell fan said:

10% Correction. 20% Recession. Now at 15%.  Draw your own conclusions. 

even 20% drop is not enough correction.. market actually more than doubled in the last run... it needs atleast 30% to even consider as recession signal..

everyone looking at stocks.. but the main problem is debt markt.. Complete yield curve inverted across the spectrum..

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16 minutes ago, TheBrahmabull said:

even 20% drop is not enough correction.. market actually more than doubled in the last run... it needs atleast 30% to even consider as recession signal..

everyone looking at stocks.. but the main problem is debt markt.. Complete yield curve inverted across the spectrum..

Agreed. 

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