This is what a stock market crash looks like
Elena Holodny
BusinessInsider.com
Jan. 20, 2016
It’s been ugly in the markets this year.
In fact, on a first-10-trading-days basis, the markets saw the worst start to a year ever.
And the pain keeps on coming.
In early trading on Tuesday, the Dow is down another 290 points.
However, it’s not the recent drama in the stock market that’s the most unnerving thing here.
Actually, it’s the fact that January’s stock volatility comes after stocks zigzagged dramatically in August, September, and October.
People who are invested in the stock market might not want to hear this, but this crazy, multi-month-long volatility is pretty similar to what we see in the middle of a stock market crash. (The fact it has a small chance of happening does not mean that it’s not worth acknowledging.)
Generally, when people think about the dotcom bubble of ’99/’00 and the housing/credit bubble of ’07/’08 in the stock market, they tend to remember very narrow periods of crazy stock price plunges that just keeps going and going in one direction: down.
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