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For those who say the market falling hasn't happened like this in many, many years, think again: "The 2020 stock market crash began on Monday, March 9, with the Dow falling 2,013.76 points to 23,851.02 (7.79%). What some labeled as 'Black Monday 2020' was, at that time, the Dow's worst single-day point drop in U.S. market history.

"On Thursday, March 12, 2020, the Dow fell a record 2,352.60 points to close at 21,200.62. It was a 9.99% drop, almost a correction in a single day.

"On March 16, the Dow placed another record, losing 2,997.10 points to close at 20,188.52. That day's point plummet topped the original October 1929 Black Monday slide of 12.93% for one session.

"From the peak on Feb. 12 to March 16, the DJIA lost 9362.90 points, a 31.7% drop." Linky here.


I had a market guy compare the stock market to a boy playing with a yo-yo walking up a hill: the market goes up and down in short bursts, but over the long haul it keeps rising.

@Fandame posted:

For those who say the market falling hasn't happened like this in many, many years, think again: "The 2020 stock market crash began on Monday, March 9, with the Dow falling 2,013.76 points to 23,851.02 (7.79%). What some labeled as 'Black Monday 2020' was, at that time, the Dow's worst single-day point drop in U.S. market history.

"On Thursday, March 12, 2020, the Dow fell a record 2,352.60 points to close at 21,200.62. It was a 9.99% drop, almost a correction in a single day.

"On March 16, the Dow placed another record, losing 2,997.10 points to close at 20,188.52. That day's point plummet topped the original October 1929 Black Monday slide of 12.93% for one session.

"From the peak on Feb. 12 to March 16, the DJIA lost 9362.90 points, a 31.7% drop." Linky here.


I had a market guy compare the stock market to a boy playing with a yo-yo walking up a hill: the market goes up and down in short bursts, but over the long haul it keeps rising.

And who was president then?

The point is, there are so many things outside the purveyance of one government official when it comes to the volatility of the stock market. The war in Ukraine, for example. Watch food prices when people realize that Ukraine was a top grain producer -- and those fields aren't being managed very well right now. There is so much beyond the control of anyone that affects the stock market, especially in the global economy and global investments we have today...

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