Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
General Discussion
In reply to the discussion: The Dow is down nearly 200 points. [View all]HeartachesNhangovers
(814 posts)35. A 20% Dow drop wouldn't be a catastrophe ...
A 20% drop is generally considered a "bear market". A "crash" is a 50% drop. 20% drops have happened 12 times since the end of WWII and a 20% drop NOW would only erase 2 years of gains and leave us WAY higher than the peaks before the Tech bubble and Real Estate bubble burst.
If you are only mentally prepared to deal with a 20% drop, you are setting yourself up for a panic because an occasional 20% drop isn't only possible, it's inevitable.
Edit history
Please sign in to view edit histories.
40 replies
= new reply since forum marked as read
Highlight:
NoneDon't highlight anything
5 newestHighlight 5 most recent replies
RecommendedHighlight replies with 5 or more recommendations
Mark Cuban said he would go to a one hundred percent hedge if he won.
DemocratSinceBirth
Jan 2017
#7
If the Dow really drops by 20% that would be catastrophic for the economy, investors, and Drumpf.
DemocratSinceBirth
Jan 2017
#30
It would likely usher in a recession which would be catastrophic for Trump in 2020
DemocratSinceBirth
Jan 2017
#36
It'll bounce up just so Donald can be given credit for the momentary upturn.
rogue emissary
Jan 2017
#28