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Oct 08

Stock market crash

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The London Stock Exchange

A stock market crash is a sudden dramatic decline of stock prices across a significant cross-section of a stock market. Crashes are driven by panic as much as by underlying economic factors. They often follow speculative stock market bubbles.

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Sep 26

Types of financial crises

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NYSE Security

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Sep 19

Financial crisis

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Federal Hall, Wall Street

The term financial crisis is applied broadly to a variety of situations in which some financial institutions or assets suddenly lose a large part of their value. Until a few decades ago, many financial crises were banking panics, and many recessions coincided with these panics. Other situations that are often called financial crises include stock market crashes and the bursting of other financial bubbles, as well as international phenomena like currency crises and sovereign defaults.

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Gambling

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