Market Crashes Haunt Investors for Decades

The worst collapses leave investors with lasting scars.

It's easy to remember, but so hard to forget.

Source: Popperfoto/Getty Images

On this day 53 years ago, Wall Street had one of its worst sessions ever. As the Wall Street Journal reported, “The Dow Jones Industrial Average fell 5.7%, down 34.95, the second-largest point decline then on record." It was part of a longer decline that some called the “Kennedy Slide of 1962.” 

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