Talk:1973–1974 stock market crash
A fact from 1973–1974 stock market crash appeared on Wikipedia's Main Page in the Did you know column on 14 September 2007. The text of the entry was as follows:
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Opening heading
editis this a crash? more like bear market. crashes happen over short time (see what it says at stock market crash). i think you should get new name for this page.
`1987 Stock market crash' there is 86000 results in google
`1929 Stock market crash' there is 74000 results in google
`1973-74 Stock market crash' there is only 6 results in google —Preceding unsigned comment added by 87.101.244.9 (talk) 11:00, 14 September 2007 (UTC)
- Google searches aren't necessarily indicative of the most appropriate name, whereas verifiable sources are. Of the four retrospective sources used (obviously excluding Time), one (the About.com feature) describes it as a crash, whilst another (the Daily Telegraph article) describes the UK property market has having 'crashed', without necessarily stating that the stock market generally had crashed. Thus, whilst most of the sources still defer from using the term 'crash', it's not quite as clear cut a teminology as you make it out to be.
- I plumped for 'stock market crash' for two reasons. First, as the Telegraph article implies, it looks increasingly more like a crash from a British perspective, as the effects were far more significant in the UK than elsewhere. Second, there aren't other articles on bear markets, only crashes; had I chosen to title the article as a 'bear market', I would have to be devising an entirely new naming convention. It's really a matter of taste. Bastin 17:24, 16 September 2007 (UTC)
Causes and effects
editCould we have sections identifying likely causes (collapse of the Bretton Woods system ? why/how?, oil price rise ?, US politics ?) and claimed consequences ? Were the stock market crashes due to fears of recession ? Rod57 (talk) 00:57, 14 January 2009 (UTC)
Dead link
editDuring several automated bot runs the following external link was found to be unavailable. Please check if the link is in fact down and fix or remove it in that case!
- http://mutualfunds.about.com/cs/history/p/crash7.htm
- In 1973–1974 stock market crash on 2011-05-25 04:35:01, 404 Not Found
- In 1973–1974 stock market crash on 2011-06-06 20:41:38, 404 Not Found
Time reference
editThe linked Time article seems to refer to 1972, not 1973, as a "gilt-edged year for the stock market," and does not use the phrase "shaping up". The language used in this entry creates the misleading impression that Time was presenting a forward-looking, rather than a backward-looking view. While the brokers referred to in the article do appear to have a positive outlook, an third-party opinion that appears in a story is not the same as an opinion of that story's author or publisher. — Preceding unsigned comment added by 217.156.153.4 (talk) 16:31, 20 November 2012 (UTC)