| Abstrakt: |
The article "THE BEARS SEIZE CONTROL: Revisiting the Devastating Bear Market of 1973-1974 on its 50th Anniversary" by Peter C. Earle discusses the significant economic downturn that occurred between 1973 and 1974, resulting in a sharp decline in stock prices. Various factors such as the US recession, the abandonment of the Bretton Woods agreement, the oil crisis, and the Vietnam War's end contributed to this bear market. The aftermath of the bear market led to lasting impacts on the economy and cultural expressions of the era, reflecting the anxieties and uncertainties of the time. [Extracted from the article] |
