Great Financial Crises, Part 14: The Dot-Com Bubble (2000)
In 1999 the Nasdaq rose 86%. By October 2002 it had lost about 77% from its peak and needed 15 years to recover. Here is the story of the dot-com bubble.
Great Financial Crises, Part 8: Black Monday (1987)
On 19 October 1987, US stocks fell 22.6% in a single day, the biggest one-day percentage drop in Dow history. Yet no recession followed. Here is why.