The Kennedy Slide of 1962, also known as the Flash Crash of 1962, is the term given to the stock market decline from December 1961 to June 1962 during the presidential term of John F. Kennedy. After the market experienced decades of growth since the Wall Street crash of 1929, the stock market peaked during the end of 1961 and plummeted during the first half of 1962.
The Kennedy Slide of 1962, also known as the Flash Crash of 1962, is the term given to the stock market decline from December 1961 to June 1962 during the presidential term of John F. Kennedy. After the market experienced decades of growth since the Wall Street crash of 1929, the stock market peaked during the end of 1961 and plummeted during the first half of 1962.
Source: Wikipedia "Kennedy Slide of 1962" · CC BY-SA 4.0
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