As the global financial markets continue their rollicking ride, worldofdiscovery.info recalls a largely forgotten economic crisis from 50 years ago.
Kennedy Slide of 1962 (Flash Crash of 1962). Definition. The term Kennedy Slide of 1962 is used to describe the decline in the stock market that occurred.
Only one of these turned into a stock market crash. the drop was so quick, this Bear Market is sometimes called the “ Flash Crash of 1962.
The time from the bottom to a full recovery is usually about twice as long as the time from the prior high to the Flash Crash of 1962.
But was it over? Of course you don't. The Marotta Wealth Management Newsletter. As a result, there was an increased trend of pooling on the bear side of the market—betting on stock prices to lower—and pushing stock prices down. Or are we still in the Time of Troubles, with the other shoe yet to drop when the world's central banks run out of ammunition? To view original, click .