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Archive 1 |
Why is the article being used to promote the far leftist view of the Crash?
“The fall was due to recession fears, a lack of investor confidence in President Donald Trump, and the ban the US Government enacted on foreign nationals traveling to the country from the Schengen Area.”
No mention of the coronavirus just about how orange man is bad.-- Fruitloop11 ( talk) 12:09, 14 March 2020 (UTC)
I've created WikiProject COVID-19 as a temporary or permanent WikiProject and invite editors to use this space for discussing ways to improve coverage of the ongoing 2019–20 coronavirus pandemic. Please bring your ideas to the project/talk page. Stay safe, -- Another Believer ( Talk) 18:03, 15 March 2020 (UTC)
attempted SNOW close |
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The following discussion has been closed. Please do not modify it. |
{{Discussion top|result=Merging per [[WP:Snow]]. No one believes we need separate articles for this. [[User:Benica11|Benica11]] ([[User talk:Benica11|talk]]) 14:43, 14 March 2020 (UTC)}} |
I propose to merge Black Thursday (2020) and Black Monday (2020) into this article. There are two reasons:
There are discussions on the talk page for both Black Thursday and Black Monday. Some users have expressed support: @ TropicalAnalystwx13, Prad Nelluru, XOR'easter, Renerpho, Revr J, Amakuru, and Juxlos:, and @ Nice4What: has expressed position to merging, so I'm pinging everybody involved. ThoseArentMuskets ( talk) 19:39, 13 March 2020 (UTC)
I see no need to otherwise edit my previous post. 199.66.69.88 ( talk) 17:15, 15 March 2020 (UTC)Support merger. These events aren't independently notable of one another, and not enough time has passed to support particular titling of these days. The article naming itself is cited to a bunch of financial industry trade press. I'd like to remind everyone that Wikipedia prefers to take the trade press with a grain of salt. Cf. WP:ORGIND's warning about the use of trade publications to support the notability of articles about corporations or products. What we need to look for to support these events as requiring separate coverage is discussion in the academic press. I agree with Amakuru that there's no reason to wait—the onus is on those demanding separate coverage to demonstrate that said coverage is consistent with Wikipedia policies and content guidelines. What we have here is a textbook case of WP:RECENTISM and clickbait titling. When and if this specific stock market slump has lasting notability in the eyes of the economic academia, then let's talk about having a "Black Thursday" article or a "Bloody Thursday" article or a "You Won't Believe These 2300 Crazy Points The Dow Jones Industrial Index Lost!" article. 199.66.69.88 ( talk) 03:39, 14 March 2020 (UTC)
I've done some cleanup after a sloppy merge. In that work, I noticed that the term "Black Monday" is used ambiguously in this article. It might mean the Black Monday of 1987, or the Black Monay of 2020. Is there concensus on how these Mondays should be identified? -- Mikeblas ( talk) 15:54, 14 March 2020 (UTC)
Towards the end of 2019 I remember significant discussions around the inverted yield curve predicting another recession, is this relevant? Faissaloo ( talk) 19:17, 16 March 2020 (UTC)
Merging them is fine, but I think Black Monday II (March 16) at least deserves a bold headline. After all it was the second greatest one-day crash ever!
Black Monday II was just created. Should probably be merged here as the other articles were. Pinging @ LordParsifal: who created the new article. Schazjmd (talk) 21:14, 16 March 2020 (UTC)
This and the section We're looking at another 'Black Monday are basically the same discussion, so I am boldly merging them to ease discussion. Renerpho ( talk) 01:53, 17 March 2020 (UTC)
With Futures crashing in Wall Street today, and Europe set for the same fate, we may be looking at another 'Black Monday' within the same month. That crash is due to the Fed cutting rates to 0%, which hasn't being done since 2008 thus deepening recession fears. Wiki users need to use other names to describe these significant downturns as the market crashes multiple times throughout the month of March, maybe even calling the month "Black March" or something and describing each significant fall? Share your thoughts and any sources describing names for Black Monday and Thursday. Foxterria ( talk) 23:11, 15 March 2020 (UTC)
The Black Thursday section (maybe the entire article) could be globalized somewhat. Right now, it focuses too much on the situation in the United States, in particular on the Dow Jones. Even though the text gives due weight to other countries, the article lead image and all the tables feature the Dow Jones' motion only, which may not be representative. Among the large indices, its loss over the whole week was one of the lowest (only 10%). Japan's Nikkei lost 16%; the UK's FTSE 17%; Germany's DAX and the Euro Stoxx 50 both lost 20%. Italy's FTSE MIB has lost 30%; Austria 31%. I am not saying that we need tables for all of those, but right now, a reader who just glances over the article may focus on the tables only without reading the text, and that will only tell them about the Dow Jones, not about the global event. Renerpho ( talk) 04:16, 15 March 2020 (UTC) Edited Renerpho ( talk) 04:21, 15 March 2020 (UTC)
@ CommonKnowledgeCreator:Here are the G20 countries with their benchmark stock indices and losses over the Mar 9-13 week, with references:
Losses would be about double that for many when counted from the January/February 2020 highs, which in most cases represented all-time highs. Counting from March 9th seems somewhat arbitrary to be, as it's not really the beginning of the crash. It worked when the table was just about the Black Monday and Black Thursday events, before the articles were merged, but that practice may have to be adopted to the new scope of the article. The data in the cited references generally covers all of 2020 and before. The available sources I could find that cover the South African and South Korean indices are blacklisted by Wikipedia (investing.com, tradingeconomics.com), hence why there is no reference for these. Renerpho ( talk) 07:31, 15 March 2020 (UTC)
References
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"The People's Bank of China announced that it would reduce is reserve requirement"
Please change "is" to "its" 2601:5C6:8080:100:AC6B:A0E0:1FBB:1032 ( talk) 01:24, 18 March 2020 (UTC)
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Withdrawn - please remove.
68.13.105.211 ( talk) 18:54, 18 March 2020 (UTC)
Hello,
Section 24–28 February has grammatical error:
> On 28 February, stock markets worldwide reported their largest single-week declines since the 2008 financial crisis,[65][66][67] while oil futures saw
>> their largest single week decline in since >> 2009
Since I do not have edit privileges, I'm raising this to the attention of anyone else that does.
Yamenu2013 ( talk) 15:04, 18 March 2020 (UTC)
The result of the move request was: clear consensus not to move the page to the proposed title at this time, per the discussion below. Dekimasu よ! 09:42, 20 March 2020 (UTC)
2020 stock market crash → 2019–20 coronavirus pandemic bear market – I propose changing the title of this article to "2019–20 coronavirus pandemic bear market" because at least 7 benchmark stock market indices in Asia-Pacific, Europe, the U.S., and emerging markets have been declared to be in bear markets. -- CommonKnowledgeCreator ( talk) 16:34, 14 March 2020 (UTC)
Should the title have Coronavirus in it? The pandemic is the direct cause of the incident. Such as 2020 coronavirus pandemic stock market crash? AmericanAir88( talk) 17:04, 23 March 2020 (UTC)
Okay, we're probably in for a Black Monday 3.0. Pacific stocks are already down 8% and it's quite likely that this Black Monday will be worse then Black Monday I, and plausible it'll be worse then Black Monday II as unemployment rates are expected to skyrocket the most in the history of the United States (According to Goldman Sach's predictions, 2.25 million will lose their jobs this week). Same affects being felt vibrating across Europe, Asia and Oceania. We need better names, come on - 3 "Black Monday's" in one month is kinda ridiculous, and though it's possible we're about to reach the bottom of this crash no one knows whether or not there's gonna be ANOTHER crash on top of that. We need to change the names, maybe the "Crash of X date" would be more suiting in this situation? Considering there are so many global crashes occurring right now. Foxterria ( talk) 23:35, 22 March 2020 (UTC)
I would like to put in a request for an updated graph at the top of the page. This one is weeks out of date. Ditto for the table graphs throughoout. The topic is important and current, and graphs help readers understand it. Thanks. 75.101.104.17 ( talk) 01:29, 23 March 2020 (UTC)
I understand. I get your point that the Dow Jones graph will be frozen once there is a turnaround. I also see below that folks are asking for the removal of other tables, which were lagging. For what it's worth, i support globalization of the article because modern markets operate around the world. Thanks for all you do. 75.101.104.17 ( talk) 17:10, 24 March 2020 (UTC)
Can we get rid of the table summaries in the article? They only focus on the Dow Jones Industrial Average, when the crash has affected global stock market indices ( Japan's Nikkei Average, Hong Kong's Hang Seng Index, etc.). 9March2019 ( talk) 01:31, 24 March 2020 (UTC)
Each stock market index would have a table like this, where cumulative changes are calculated from the peak (first three rows) and then from the trough (last two rows).
Milestone | Date Achieved | Cumulative Point Change | Cumulative % Change | Significance |
---|---|---|---|---|
Peak | TBD | TBD | TBD | Accrual of bear market status |
20% decline from peak | TBD | TBD | TBD | Bear market recognized |
Trough | TBD | TBD | TBD | Turning point in market momentum |
20% growth from trough | TBD | TBD | TBD | Common threshold to regain bull market status |
New high | TBD | TBD | TBD | Full recovery of losses for new bull market |
The last column may or may not be needed, but is provided here to explain why each of the five milestones are important. 9March2019 ( talk) 21:16, 26 March 2020 (UTC)
I think this page can be a good article. Thingofme ( talk) 23:24, 26 March 2020 (UTC)
@ Foxterria, 9March2019, LibraFM, Zanygenius, XOR'easter, Locke Cole, Renerpho, Britishfinance, and Faissaloo: Why has the content from these specific days been removed from the article? It needs to be restored so the article remains complete. -- CommonKnowledgeCreator ( talk) 20:44, 28 March 2020 (UTC)
As of just now, it's being quite obvious that this article has being somewhat focused on the United States. I've done a complete overhaul of the layout to make the article more globalized, with response pages linked under the tab 'Response' for now, though this can be change to something like 'Impact by Region'. This is to make sure that the article is not centered on one stock market in particular, as it has being with the Dow Jones. Help me continue to work to clean up the article (We really don't have to mention every day), and globalize the article even more so with it's content. If you want be specific on the impacts regionally, create a page for the provided country or use the page currently made. Please use this section to discuss further globalization of the article and detailing changes made to the article. Foxterria ( talk) 06:08, 24 March 2020 (UTC)
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The below line in paragraph 2 should be changed as it is not accurate (line in bold):
Line in question: "Despite a temporary rally on 13 March (with markets posting their best day since 2008), all three Wall Street indexes fell more than 12% when markets re-opened on 16 March.[16][17]"
The markets did not post their best day since 2008. This should be removed. Krisb1220 ( talk) 00:30, 28 March 2020 (UTC)
I've been maintaining File:Stock market crash (2020).svg (which is used at the top of the article), however I'd decided that I'd only update it when it hit new overall lows. With that limitation in mind, it's been some time since the graph has been updated, so I was wondering if anyone felt the graph should be updated so long as there are still periods where we have big drops, or if I should stick to only updating when it's hits new lows. Feel free to !vote below, or add new choices if you have a better idea, but here are the two choices I can think of:
I'm leaning towards the 2nd choice, which means I'd update it through this week. Thank you for your input! — Locke Cole • t • c 04:42, 1 April 2020 (UTC)
Greetings, some things. Today, after European markets closed mostly down, many American markets noted some of their worst drops since March 20 of this year [1] or even since the Great Recession of 2007-09. For example, the Dow Jones reported down 970 [1] [2] points, and the S&P Down over 110 points since March 31st's close. [3]. Although some stocks started the day high [4], all of them were down by the 6PM close, as part of a larger 3 day trend starting March 30th. [5] Should we add this in to the article? If so, should there be a section name? Sincerely, User:Zanygenius chat For info on 1 Jul 20 move, see this. 22:47, 1 April 2020 (UTC)
References
Could anyone put the references in a scrollbox ? As things currently stand, the reference sections represents more than half of the page length. — Preceding unsigned comment added by VoidOutput ( talk • contribs) 09:34, 1 April 2020 (UTC)
An editor has asked for a discussion to address the redirect Trump crash. Please participate in the redirect discussion if you wish to do so. Hog Farm ( talk) 20:07, 3 April 2020 (UTC)
According to the FDIC's website for the list of bank failures, the most recent bank that failed is The First State Bank based in Barboursville, West Virginia. [1]
From what was issued on the website, MVB Bank, Inc. of Fairmont, West Virginia had acquired all deposit accounts. Operations will continue nominally and all money was insured by the FDIC resulting in customers retaining their money. [2]
Would this be of some importance to the current situation, or were they already going under prior to the COVID-19 situation and market turmoil?
AlphaSerpentis ( talk) 07:10, 5 April 2020 (UTC)
@ Foxterria, 9March2019, LibraFM, Zanygenius, XOR'easter, Locke Cole, Renerpho, Britishfinance, and Faissaloo: I can't keep up with the 24-hour news cycle for financial news of the entire world by myself. I have set up Google Alerts for my Gmail inbox for all G20 members, European Union members, Commonwealth of Nations members, and other major non-NATO U.S. allies for any English-language news about fiscal stimulus or central bank actions in all of those countries, but I need help as I am now getting overwhelmed with alerts. Would anyone be willing to set up alerts for themselves for those countries and summarize them in the article going forward? I will summarize the news for this past week, as well as try to find any other fiscal stimulus package announcements or central bank actions prior to this past week. -- CommonKnowledgeCreator ( talk) 00:07, 5 April 2020 (UTC)
Hello,
Thanks for the work in documenting this important time.
I propose titling this crash as the “Great Lockdownturn” based on a piece I wrote on this: https://medium.com/@lightdev/return-from-the-great-lockdownturn-b16b87f2e7be
Thank You, Prakash
-- Lightdev ( talk) 09:35, 25 April 2020 (UTC)
How are the world stock markets doing? It seems like the last date is April 1. Since then the Dow Jones has rebounded over 3000 points. Rayduece ( talk) 06:10, 20 May 2020 (UTC)rayduece
We should consolidate all the dates into a "Timeline" section so that we can have other sections, some of which could include: • Causes • Responses by Country • Similarities to other crashes etc... Mapmaker345 ( talk) 16:02, 20 May 2020 (UTC)
I wrote an article on an investor who seems to have predicted the stock market crash that is under review here: Draft:Dan_Niles. If you check the draft I included news articles and sources. Figured it would fit with the theme of Michael Burry who called the crash in 2007-2008 ( Financial crisis of 2007–08). — Preceding unsigned comment added by Alexander2357 ( talk • contribs) 19:58, 21 May 2020 (UTC)
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Change: "In April 2019, the U.S yield curve inverted, which sparked fears of a 2020 recession across the world.[37] The inverted yield curve and trade war fears prompted a sell-off in global stock markets during March 2019, which prompted more fears that a recession was imminent.[38] Rising debt levels in the European Union and the United States had always being a concern for economists. However, in 2019, that concern was heightened during the economic slowdown, and economists began warning of a 'debt bomb' occurring during the next economic crisis. Debt in 2019 was 50% higher than that during the height of the Great Financial Crisis.[39] Economists[who?] have argued that this increased debt is what led to debt defaults in economies and businesses across the world during the recession.[40][41] In September 2019, the Federal Reserve began intervening in the role of investor to provide funds in the repo markets, which would play a crucial factor in triggering the events leading up to the crash; the repo rate spiked above 8% during that time."
To:
In April 2019, the U.S yield curve inverted, which sparked fears of a 2020 recession across the world.[37] The inverted yield curve and trade war fears prompted a sell-off in global stock markets during March 2019, which prompted more fears that a recession was imminent.[38]
Rising debt levels in the European Union and the United States had always being a concern for economists. However, in 2019, that concern was heightened during the economic slowdown, and economists began warning of a 'debt bomb' occurring during the next economic crisis. Debt in 2019 was 50% higher than that during the height of the Great Financial Crisis.[39] Economists[who?] have argued that this increased debt is what led to debt defaults in economies and businesses across the world during the recession.[40][41]
In September 2019, the Federal Reserve began intervening in the role of investor to provide funds in the repo markets, which would play a crucial factor in triggering the events leading up to the crash; the repo rate spiked above 8% during that time."
{{
edit semi-protected}}
template. Ignore my previous comment; I was confused by the layout of your request (see
WP:INDENT - I though somebody had already replied to it). Anyway, in my opinion, the paragraph is proper because all of these events are closely linked in time; separating them does not appear necessary. They're also clearly a part of the background of the situation, even if they're not the immediate cause (maybe a simple solution for this would be to simply remove the "Cause" subheading from the "Background" section. @
Simmm84: Thanks,
RandomCanadian (
talk /
contribs)
13:48, 26 May 2020 (UTC)That sounds like a good compromise. — Preceding unsigned comment added by Simmm84 ( talk • contribs) 05:48, 27 May 2020 (UTC)
The sources for the information under the background heading do no indicate that the provided information is a cause for the stock market crash, and therefore should strictly be considered background Simmm84 ( talk) 05:55, 27 May 2020 (UTC)
Why is this an ongoing crisis if there is no information on April or May? Could that be because the Market has recovered significantly, i.e. back above 25,000? That Bull market sure didn't last long. As the President said it wouldn't. Subman758 ( talk) 15:28, 27 May 2020 (UTC)
@ Foxterria: Get the gang together from February and March. We need to be proactive if a bear market trap does occur. I'm more than willing to write summaries of the daily price movements for the main benchmark stock market indices of the G20, as well as any monetary/fiscal stimulus policies announced in those same countries, any central government credit rating downgrades and so on if a subsequent downward market trend occurs. However, during the market downturn in February and March, I got burnt out and I'm still exhausted because there are any number of other topics that I record information about on Wikipedia. I'm drowning in info.
I remember that some people last time asked about how to set up Google Alerts. If you just type "Google Alert" in the Google search engine, the first result is a link that will take you to the Google web page for setting up email alerts to your Gmail account. The ones I was using were "[Name of country] fiscal stimulus", "[Name of central bank]", "[Name of country] central bank", "[Finance minister name]", and "[Central bank executive name]". "[Name of benchmark stock market index] bear market" probably would be the most efficient one for articles recording that a benchmark stock market index has been declared to be in a bear market. If people just leave the links on the talk page, I'll more than gladly summarize them in the article. Countries other than the G20 are of course more than welcome but preferably limit them to articles recording a macroeconomic policy shift, a central government credit rating downgrade, or articles that summarize the entire market trend because we don't want the article to get even more overloaded than it already is. -- CommonKnowledgeCreator ( talk) 17:43, 11 June 2020 (UTC)
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71.248.161.3 ( talk) 20:56, 21 June 2020 (UTC)
The markets recovered and continued to climb.
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change "is" to "was" in the first sentence. It might still be 2020, but the article is talking about something that happened...
In the very first sentence: "The 2020 stock market crash is a global stock market crash that began on 20 February 2020.", shouldn't it be "The 2020 stock market crash was a global stock market crash that began on 20 February 2020."
The rest of the first paragraphs are written in past tense. ErikWG ( talk) 12:25, 6 August 2020 (UTC)
The S&P 500 index just closed at a new high today. 68.134.239.246 ( talk) 02:02, 19 August 2020 (UTC)
The stock market has greatly recovered since the crash earlier this year. The S&P 500 is currently at its all-time high. This article is outdated, and it should be updated to include accurate information about the market. Momo824 ( talk) 10:44, 28 August 2020 (UTC)
As corrections/reversals/etc. seem to have been documented here, would it be worthwhile to document the recent worldwide market movement since the beginning of September? Echonioni ( talk) 01:00, 11 September 2020 (UTC)
a
![]() | This is an archive of past discussions. Do not edit the contents of this page. If you wish to start a new discussion or revive an old one, please do so on the current talk page. |
Archive 1 |
Why is the article being used to promote the far leftist view of the Crash?
“The fall was due to recession fears, a lack of investor confidence in President Donald Trump, and the ban the US Government enacted on foreign nationals traveling to the country from the Schengen Area.”
No mention of the coronavirus just about how orange man is bad.-- Fruitloop11 ( talk) 12:09, 14 March 2020 (UTC)
I've created WikiProject COVID-19 as a temporary or permanent WikiProject and invite editors to use this space for discussing ways to improve coverage of the ongoing 2019–20 coronavirus pandemic. Please bring your ideas to the project/talk page. Stay safe, -- Another Believer ( Talk) 18:03, 15 March 2020 (UTC)
attempted SNOW close |
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The following discussion has been closed. Please do not modify it. |
{{Discussion top|result=Merging per [[WP:Snow]]. No one believes we need separate articles for this. [[User:Benica11|Benica11]] ([[User talk:Benica11|talk]]) 14:43, 14 March 2020 (UTC)}} |
I propose to merge Black Thursday (2020) and Black Monday (2020) into this article. There are two reasons:
There are discussions on the talk page for both Black Thursday and Black Monday. Some users have expressed support: @ TropicalAnalystwx13, Prad Nelluru, XOR'easter, Renerpho, Revr J, Amakuru, and Juxlos:, and @ Nice4What: has expressed position to merging, so I'm pinging everybody involved. ThoseArentMuskets ( talk) 19:39, 13 March 2020 (UTC)
I see no need to otherwise edit my previous post. 199.66.69.88 ( talk) 17:15, 15 March 2020 (UTC)Support merger. These events aren't independently notable of one another, and not enough time has passed to support particular titling of these days. The article naming itself is cited to a bunch of financial industry trade press. I'd like to remind everyone that Wikipedia prefers to take the trade press with a grain of salt. Cf. WP:ORGIND's warning about the use of trade publications to support the notability of articles about corporations or products. What we need to look for to support these events as requiring separate coverage is discussion in the academic press. I agree with Amakuru that there's no reason to wait—the onus is on those demanding separate coverage to demonstrate that said coverage is consistent with Wikipedia policies and content guidelines. What we have here is a textbook case of WP:RECENTISM and clickbait titling. When and if this specific stock market slump has lasting notability in the eyes of the economic academia, then let's talk about having a "Black Thursday" article or a "Bloody Thursday" article or a "You Won't Believe These 2300 Crazy Points The Dow Jones Industrial Index Lost!" article. 199.66.69.88 ( talk) 03:39, 14 March 2020 (UTC)
I've done some cleanup after a sloppy merge. In that work, I noticed that the term "Black Monday" is used ambiguously in this article. It might mean the Black Monday of 1987, or the Black Monay of 2020. Is there concensus on how these Mondays should be identified? -- Mikeblas ( talk) 15:54, 14 March 2020 (UTC)
Towards the end of 2019 I remember significant discussions around the inverted yield curve predicting another recession, is this relevant? Faissaloo ( talk) 19:17, 16 March 2020 (UTC)
Merging them is fine, but I think Black Monday II (March 16) at least deserves a bold headline. After all it was the second greatest one-day crash ever!
Black Monday II was just created. Should probably be merged here as the other articles were. Pinging @ LordParsifal: who created the new article. Schazjmd (talk) 21:14, 16 March 2020 (UTC)
This and the section We're looking at another 'Black Monday are basically the same discussion, so I am boldly merging them to ease discussion. Renerpho ( talk) 01:53, 17 March 2020 (UTC)
With Futures crashing in Wall Street today, and Europe set for the same fate, we may be looking at another 'Black Monday' within the same month. That crash is due to the Fed cutting rates to 0%, which hasn't being done since 2008 thus deepening recession fears. Wiki users need to use other names to describe these significant downturns as the market crashes multiple times throughout the month of March, maybe even calling the month "Black March" or something and describing each significant fall? Share your thoughts and any sources describing names for Black Monday and Thursday. Foxterria ( talk) 23:11, 15 March 2020 (UTC)
The Black Thursday section (maybe the entire article) could be globalized somewhat. Right now, it focuses too much on the situation in the United States, in particular on the Dow Jones. Even though the text gives due weight to other countries, the article lead image and all the tables feature the Dow Jones' motion only, which may not be representative. Among the large indices, its loss over the whole week was one of the lowest (only 10%). Japan's Nikkei lost 16%; the UK's FTSE 17%; Germany's DAX and the Euro Stoxx 50 both lost 20%. Italy's FTSE MIB has lost 30%; Austria 31%. I am not saying that we need tables for all of those, but right now, a reader who just glances over the article may focus on the tables only without reading the text, and that will only tell them about the Dow Jones, not about the global event. Renerpho ( talk) 04:16, 15 March 2020 (UTC) Edited Renerpho ( talk) 04:21, 15 March 2020 (UTC)
@ CommonKnowledgeCreator:Here are the G20 countries with their benchmark stock indices and losses over the Mar 9-13 week, with references:
Losses would be about double that for many when counted from the January/February 2020 highs, which in most cases represented all-time highs. Counting from March 9th seems somewhat arbitrary to be, as it's not really the beginning of the crash. It worked when the table was just about the Black Monday and Black Thursday events, before the articles were merged, but that practice may have to be adopted to the new scope of the article. The data in the cited references generally covers all of 2020 and before. The available sources I could find that cover the South African and South Korean indices are blacklisted by Wikipedia (investing.com, tradingeconomics.com), hence why there is no reference for these. Renerpho ( talk) 07:31, 15 March 2020 (UTC)
References
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"The People's Bank of China announced that it would reduce is reserve requirement"
Please change "is" to "its" 2601:5C6:8080:100:AC6B:A0E0:1FBB:1032 ( talk) 01:24, 18 March 2020 (UTC)
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Withdrawn - please remove.
68.13.105.211 ( talk) 18:54, 18 March 2020 (UTC)
Hello,
Section 24–28 February has grammatical error:
> On 28 February, stock markets worldwide reported their largest single-week declines since the 2008 financial crisis,[65][66][67] while oil futures saw
>> their largest single week decline in since >> 2009
Since I do not have edit privileges, I'm raising this to the attention of anyone else that does.
Yamenu2013 ( talk) 15:04, 18 March 2020 (UTC)
The result of the move request was: clear consensus not to move the page to the proposed title at this time, per the discussion below. Dekimasu よ! 09:42, 20 March 2020 (UTC)
2020 stock market crash → 2019–20 coronavirus pandemic bear market – I propose changing the title of this article to "2019–20 coronavirus pandemic bear market" because at least 7 benchmark stock market indices in Asia-Pacific, Europe, the U.S., and emerging markets have been declared to be in bear markets. -- CommonKnowledgeCreator ( talk) 16:34, 14 March 2020 (UTC)
Should the title have Coronavirus in it? The pandemic is the direct cause of the incident. Such as 2020 coronavirus pandemic stock market crash? AmericanAir88( talk) 17:04, 23 March 2020 (UTC)
Okay, we're probably in for a Black Monday 3.0. Pacific stocks are already down 8% and it's quite likely that this Black Monday will be worse then Black Monday I, and plausible it'll be worse then Black Monday II as unemployment rates are expected to skyrocket the most in the history of the United States (According to Goldman Sach's predictions, 2.25 million will lose their jobs this week). Same affects being felt vibrating across Europe, Asia and Oceania. We need better names, come on - 3 "Black Monday's" in one month is kinda ridiculous, and though it's possible we're about to reach the bottom of this crash no one knows whether or not there's gonna be ANOTHER crash on top of that. We need to change the names, maybe the "Crash of X date" would be more suiting in this situation? Considering there are so many global crashes occurring right now. Foxterria ( talk) 23:35, 22 March 2020 (UTC)
I would like to put in a request for an updated graph at the top of the page. This one is weeks out of date. Ditto for the table graphs throughoout. The topic is important and current, and graphs help readers understand it. Thanks. 75.101.104.17 ( talk) 01:29, 23 March 2020 (UTC)
I understand. I get your point that the Dow Jones graph will be frozen once there is a turnaround. I also see below that folks are asking for the removal of other tables, which were lagging. For what it's worth, i support globalization of the article because modern markets operate around the world. Thanks for all you do. 75.101.104.17 ( talk) 17:10, 24 March 2020 (UTC)
Can we get rid of the table summaries in the article? They only focus on the Dow Jones Industrial Average, when the crash has affected global stock market indices ( Japan's Nikkei Average, Hong Kong's Hang Seng Index, etc.). 9March2019 ( talk) 01:31, 24 March 2020 (UTC)
Each stock market index would have a table like this, where cumulative changes are calculated from the peak (first three rows) and then from the trough (last two rows).
Milestone | Date Achieved | Cumulative Point Change | Cumulative % Change | Significance |
---|---|---|---|---|
Peak | TBD | TBD | TBD | Accrual of bear market status |
20% decline from peak | TBD | TBD | TBD | Bear market recognized |
Trough | TBD | TBD | TBD | Turning point in market momentum |
20% growth from trough | TBD | TBD | TBD | Common threshold to regain bull market status |
New high | TBD | TBD | TBD | Full recovery of losses for new bull market |
The last column may or may not be needed, but is provided here to explain why each of the five milestones are important. 9March2019 ( talk) 21:16, 26 March 2020 (UTC)
I think this page can be a good article. Thingofme ( talk) 23:24, 26 March 2020 (UTC)
@ Foxterria, 9March2019, LibraFM, Zanygenius, XOR'easter, Locke Cole, Renerpho, Britishfinance, and Faissaloo: Why has the content from these specific days been removed from the article? It needs to be restored so the article remains complete. -- CommonKnowledgeCreator ( talk) 20:44, 28 March 2020 (UTC)
As of just now, it's being quite obvious that this article has being somewhat focused on the United States. I've done a complete overhaul of the layout to make the article more globalized, with response pages linked under the tab 'Response' for now, though this can be change to something like 'Impact by Region'. This is to make sure that the article is not centered on one stock market in particular, as it has being with the Dow Jones. Help me continue to work to clean up the article (We really don't have to mention every day), and globalize the article even more so with it's content. If you want be specific on the impacts regionally, create a page for the provided country or use the page currently made. Please use this section to discuss further globalization of the article and detailing changes made to the article. Foxterria ( talk) 06:08, 24 March 2020 (UTC)
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The below line in paragraph 2 should be changed as it is not accurate (line in bold):
Line in question: "Despite a temporary rally on 13 March (with markets posting their best day since 2008), all three Wall Street indexes fell more than 12% when markets re-opened on 16 March.[16][17]"
The markets did not post their best day since 2008. This should be removed. Krisb1220 ( talk) 00:30, 28 March 2020 (UTC)
I've been maintaining File:Stock market crash (2020).svg (which is used at the top of the article), however I'd decided that I'd only update it when it hit new overall lows. With that limitation in mind, it's been some time since the graph has been updated, so I was wondering if anyone felt the graph should be updated so long as there are still periods where we have big drops, or if I should stick to only updating when it's hits new lows. Feel free to !vote below, or add new choices if you have a better idea, but here are the two choices I can think of:
I'm leaning towards the 2nd choice, which means I'd update it through this week. Thank you for your input! — Locke Cole • t • c 04:42, 1 April 2020 (UTC)
Greetings, some things. Today, after European markets closed mostly down, many American markets noted some of their worst drops since March 20 of this year [1] or even since the Great Recession of 2007-09. For example, the Dow Jones reported down 970 [1] [2] points, and the S&P Down over 110 points since March 31st's close. [3]. Although some stocks started the day high [4], all of them were down by the 6PM close, as part of a larger 3 day trend starting March 30th. [5] Should we add this in to the article? If so, should there be a section name? Sincerely, User:Zanygenius chat For info on 1 Jul 20 move, see this. 22:47, 1 April 2020 (UTC)
References
Could anyone put the references in a scrollbox ? As things currently stand, the reference sections represents more than half of the page length. — Preceding unsigned comment added by VoidOutput ( talk • contribs) 09:34, 1 April 2020 (UTC)
An editor has asked for a discussion to address the redirect Trump crash. Please participate in the redirect discussion if you wish to do so. Hog Farm ( talk) 20:07, 3 April 2020 (UTC)
According to the FDIC's website for the list of bank failures, the most recent bank that failed is The First State Bank based in Barboursville, West Virginia. [1]
From what was issued on the website, MVB Bank, Inc. of Fairmont, West Virginia had acquired all deposit accounts. Operations will continue nominally and all money was insured by the FDIC resulting in customers retaining their money. [2]
Would this be of some importance to the current situation, or were they already going under prior to the COVID-19 situation and market turmoil?
AlphaSerpentis ( talk) 07:10, 5 April 2020 (UTC)
@ Foxterria, 9March2019, LibraFM, Zanygenius, XOR'easter, Locke Cole, Renerpho, Britishfinance, and Faissaloo: I can't keep up with the 24-hour news cycle for financial news of the entire world by myself. I have set up Google Alerts for my Gmail inbox for all G20 members, European Union members, Commonwealth of Nations members, and other major non-NATO U.S. allies for any English-language news about fiscal stimulus or central bank actions in all of those countries, but I need help as I am now getting overwhelmed with alerts. Would anyone be willing to set up alerts for themselves for those countries and summarize them in the article going forward? I will summarize the news for this past week, as well as try to find any other fiscal stimulus package announcements or central bank actions prior to this past week. -- CommonKnowledgeCreator ( talk) 00:07, 5 April 2020 (UTC)
Hello,
Thanks for the work in documenting this important time.
I propose titling this crash as the “Great Lockdownturn” based on a piece I wrote on this: https://medium.com/@lightdev/return-from-the-great-lockdownturn-b16b87f2e7be
Thank You, Prakash
-- Lightdev ( talk) 09:35, 25 April 2020 (UTC)
How are the world stock markets doing? It seems like the last date is April 1. Since then the Dow Jones has rebounded over 3000 points. Rayduece ( talk) 06:10, 20 May 2020 (UTC)rayduece
We should consolidate all the dates into a "Timeline" section so that we can have other sections, some of which could include: • Causes • Responses by Country • Similarities to other crashes etc... Mapmaker345 ( talk) 16:02, 20 May 2020 (UTC)
I wrote an article on an investor who seems to have predicted the stock market crash that is under review here: Draft:Dan_Niles. If you check the draft I included news articles and sources. Figured it would fit with the theme of Michael Burry who called the crash in 2007-2008 ( Financial crisis of 2007–08). — Preceding unsigned comment added by Alexander2357 ( talk • contribs) 19:58, 21 May 2020 (UTC)
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Change: "In April 2019, the U.S yield curve inverted, which sparked fears of a 2020 recession across the world.[37] The inverted yield curve and trade war fears prompted a sell-off in global stock markets during March 2019, which prompted more fears that a recession was imminent.[38] Rising debt levels in the European Union and the United States had always being a concern for economists. However, in 2019, that concern was heightened during the economic slowdown, and economists began warning of a 'debt bomb' occurring during the next economic crisis. Debt in 2019 was 50% higher than that during the height of the Great Financial Crisis.[39] Economists[who?] have argued that this increased debt is what led to debt defaults in economies and businesses across the world during the recession.[40][41] In September 2019, the Federal Reserve began intervening in the role of investor to provide funds in the repo markets, which would play a crucial factor in triggering the events leading up to the crash; the repo rate spiked above 8% during that time."
To:
In April 2019, the U.S yield curve inverted, which sparked fears of a 2020 recession across the world.[37] The inverted yield curve and trade war fears prompted a sell-off in global stock markets during March 2019, which prompted more fears that a recession was imminent.[38]
Rising debt levels in the European Union and the United States had always being a concern for economists. However, in 2019, that concern was heightened during the economic slowdown, and economists began warning of a 'debt bomb' occurring during the next economic crisis. Debt in 2019 was 50% higher than that during the height of the Great Financial Crisis.[39] Economists[who?] have argued that this increased debt is what led to debt defaults in economies and businesses across the world during the recession.[40][41]
In September 2019, the Federal Reserve began intervening in the role of investor to provide funds in the repo markets, which would play a crucial factor in triggering the events leading up to the crash; the repo rate spiked above 8% during that time."
{{
edit semi-protected}}
template. Ignore my previous comment; I was confused by the layout of your request (see
WP:INDENT - I though somebody had already replied to it). Anyway, in my opinion, the paragraph is proper because all of these events are closely linked in time; separating them does not appear necessary. They're also clearly a part of the background of the situation, even if they're not the immediate cause (maybe a simple solution for this would be to simply remove the "Cause" subheading from the "Background" section. @
Simmm84: Thanks,
RandomCanadian (
talk /
contribs)
13:48, 26 May 2020 (UTC)That sounds like a good compromise. — Preceding unsigned comment added by Simmm84 ( talk • contribs) 05:48, 27 May 2020 (UTC)
The sources for the information under the background heading do no indicate that the provided information is a cause for the stock market crash, and therefore should strictly be considered background Simmm84 ( talk) 05:55, 27 May 2020 (UTC)
Why is this an ongoing crisis if there is no information on April or May? Could that be because the Market has recovered significantly, i.e. back above 25,000? That Bull market sure didn't last long. As the President said it wouldn't. Subman758 ( talk) 15:28, 27 May 2020 (UTC)
@ Foxterria: Get the gang together from February and March. We need to be proactive if a bear market trap does occur. I'm more than willing to write summaries of the daily price movements for the main benchmark stock market indices of the G20, as well as any monetary/fiscal stimulus policies announced in those same countries, any central government credit rating downgrades and so on if a subsequent downward market trend occurs. However, during the market downturn in February and March, I got burnt out and I'm still exhausted because there are any number of other topics that I record information about on Wikipedia. I'm drowning in info.
I remember that some people last time asked about how to set up Google Alerts. If you just type "Google Alert" in the Google search engine, the first result is a link that will take you to the Google web page for setting up email alerts to your Gmail account. The ones I was using were "[Name of country] fiscal stimulus", "[Name of central bank]", "[Name of country] central bank", "[Finance minister name]", and "[Central bank executive name]". "[Name of benchmark stock market index] bear market" probably would be the most efficient one for articles recording that a benchmark stock market index has been declared to be in a bear market. If people just leave the links on the talk page, I'll more than gladly summarize them in the article. Countries other than the G20 are of course more than welcome but preferably limit them to articles recording a macroeconomic policy shift, a central government credit rating downgrade, or articles that summarize the entire market trend because we don't want the article to get even more overloaded than it already is. -- CommonKnowledgeCreator ( talk) 17:43, 11 June 2020 (UTC)
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71.248.161.3 ( talk) 20:56, 21 June 2020 (UTC)
The markets recovered and continued to climb.
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change "is" to "was" in the first sentence. It might still be 2020, but the article is talking about something that happened...
In the very first sentence: "The 2020 stock market crash is a global stock market crash that began on 20 February 2020.", shouldn't it be "The 2020 stock market crash was a global stock market crash that began on 20 February 2020."
The rest of the first paragraphs are written in past tense. ErikWG ( talk) 12:25, 6 August 2020 (UTC)
The S&P 500 index just closed at a new high today. 68.134.239.246 ( talk) 02:02, 19 August 2020 (UTC)
The stock market has greatly recovered since the crash earlier this year. The S&P 500 is currently at its all-time high. This article is outdated, and it should be updated to include accurate information about the market. Momo824 ( talk) 10:44, 28 August 2020 (UTC)
As corrections/reversals/etc. seem to have been documented here, would it be worthwhile to document the recent worldwide market movement since the beginning of September? Echonioni ( talk) 01:00, 11 September 2020 (UTC)