Lessons Learned from the History of the Stock Market

One quote you may have heard before is that, “History is doomed to repeat itself.” Bob and Shawn take this quote to heart as they discuss the various times in history that the stock market has plummeted and then come back, thus repeating itself over and over again. They look at some of the most famous “crashes” of the last 50 years, break down their causes, and then discuss the after effects of the market. Some of these famous events include: 1973-1974 oil embargo, Black Monday in 1987, And the market volatility during the COVID-19 pandemic. Despite significant market drops during these events, the past markets have consistently recovered and gone on to reach new highs in the following years or months. Bob and Shawn caution against panicking during market downturns and highlight the importance of staying invested through market cycles.