The economic consequences of the stock market crash, and the year in which the stock market crash oc

The first crash was on December 16, 1996, which many investors called Black Monday.

The second stock market crash occurred on July 30, 2001, and after the baptism of the last stock market crash, China** also carried out rectification.

The third stock market crash occurred on February 27, 2007, a year before the arrival of the Asian financial crisis, when the mechanism was already perfect, but there was a lot of chaos, and there were various bookmakers behind it, and they manipulated behind it.

The fourth stock market crash occurred in 2015, and in just one year, China **** three times, so basically the first people fell very badly at that time.

Extended information: China's **market** excluding the rise and fall of A-shares that are specially treated is limited to 10%, and the increase of the day reaches 10% as the upper limit, and the buying order continues to be maintained until **, which is called the price limit, and the rise and fall of ST stocks is set at 5%, and reaching 5% is the price limit. The price limit refers to the stoppage of the day, rather than the cessation of trading.

The price limit system originated from the early foreign market, and is a trading system in the market in order to prevent the sharp rise of trading and curb excessive speculation, and to appropriately limit the rise and fall of each day.

Some exchanges will set a limit on the rise and fall of a single day for **, commodities and contracts, such as limiting ** to ** price ** or **10% on a single trading day, when ** rises to the upper limit of the day**, it is called the limit board, and if it falls to the lower limit, it is called the limit limit. Some exchanges will stop trading at the upper or lower limit until the market **departs** the upper or lower limit; There are also exchanges that will resume trading within the expanded ** range after a brief suspension of trading.

The main difference between China's price limit system and foreign systems is that after the stock price reaches the price limit, it is not a complete stop to trading, and the trading at or within the price limit can still be carried out until the market closes on the day.

China's Shanghai and Shenzhen exchanges implement ** limit on ** and ** transactions, with an increase ratio of 10%, of which ST** and *ST**** increase ratio is 5%. The formula for calculating ** and ** increase ** is: increase ** = previous ** price (1 + increase ratio), and the calculation result is taken to the minimum change unit according to the principle of rounding.

Generally speaking, the market is open that the limit of the **, the momentum is stronger, as long as the day of the limit is not opened, the next day still has an upward momentum. The two situations are the non-open board and the open price limit, and the first case is divided into the infinite empty rise type and the amount still sealed type; The second situation is the price limit of the foodie, washer and shipment type.

Under the price limit trading system, the price limit is the most powerful, but the extreme must be reversed, and when it is relatively high or in ** is not good to consolidate **, the main force may use the price limit to ship.

The stock market crash in 2018 occurred because:

1.The war between China and the United States is heating up, and the unstable political situation has caused turmoil;

2.The depreciation of the renminbi has led to an increase in the production and operation costs of enterprises and a decrease in revenue;

3.There is no new capital injection and the original funds are bound and cannot be used, resulting in a shortage of funds;

4.Investors lose confidence in **, so that the trading volume of ** becomes low;

5.There is no corresponding economic policy to drive the development of the first;

6.**Our own operating system is not perfect, and we cannot face various risks.

Stock market crash is the abbreviation of **disaster or **disaster, and the stock market crash is different from the general **volatility, and it is also different from the general **risk. It also refers to the sudden outbreak of stock prices when the internal contradictions accumulate to a certain extent, which is mainly due to the influence of an accidental factor, which causes huge social and economic turmoil and causes huge losses.

Extended Material: On the Dangers of Stock Market Crashes:

1.The damage is severe. **The amount of economic loss is a very intuitive indicator to measure the destructive power of the stock market crash.

What can be called a stock market crash is how much the market value has lost. **Market capitalization losses are affected by a combination of the decline in the stock price index and the size of the market. The decline is large, the market size is large, and the economic loss is also large.

Another is to show serious economic losses. **Economic losses can be reflected in two aspects: one is the size of the stock price index decline.

The greater the decline, the greater the economic loss.

2.Destruction of development. Essentially, it's a credit market. Once a stock market crash occurs, ** itself suffers serious damage, and any ** that has a stock market crash is no exception.

3.Financial crisis. A stock market crash can cause turmoil in financial markets in a number of ways, triggering or exacerbating financial crises.

The market and the financial market are inextricably linked, as is the case in countries where banks and securities are separated, and the same is true in countries where banks and securities are united. The stock market crash led to a significant loss of market value, which will inevitably make the funds flowing into the bank from the bank unable to flow back to the bank in the original amount;

4.Economic crisis. Regardless of the cause of the crash, the underlying cause of the crash is the existing signs of a recession or the general acceptance of investors' expectations of a recession.

5.Social unrest. The stock market crash and its severe economic consequences will eventually be transferred to people's lives, which is one of the root causes of social unrest.

When the internal contradiction accumulates to a certain extent, due to the influence of a certain accidental factor, the stock price suddenly erupts, which causes huge social and economic turmoil and causes huge losses to abnormal economic phenomena. Stock market crashes are different from general ** fluctuations, and they are also different from general ** risks.

There are many reasons for the stock market crash, but at least one of the following conditions should be met:

There has been a serious deterioration in a country's macroeconomic fundamentals, and listed companies have difficulties in operation;

Low-cost direct financing leads to "inefficient" finance and "inefficient" economic development, which greatly promotes bubbles and causes stock prices to be seriously overvalued;

There are defects in the listing and trading system of the market itself, resulting in the prevalence of speculation, and the loss of investment value and resource allocation functions of the market;

Political, military, natural disasters and other crises have dealt a serious blow to the confidence of the market, causing the market to have a psychological panic and unable to continue to operate normally.

Disaster is short for Disaster or Disaster. It refers to the abnormal economic phenomenon that when the internal contradictions of the market accumulate to a certain extent, the abnormal economic phenomenon of sudden occurrence under the influence of some accidental factors causes huge social and economic turmoil and huge losses. Disasters are different from general volatility and general risks.

A catastrophe is when most of the disasters are acute without warning. Economic bubbles, usually caused by speculation, are often unrelated to the real economy. When the society is in a state of panic, due to the herd effect, investors sell ** one after another, resulting in a large ** stock price, leading to a **crash.

When the P/E ratio is higher than a reasonable level, a small number of people will sell or panic at the negative news. , they have sold **cash-out, resulting in the stock price in the short term**, triggering **disaster**. However, for different people, a disaster can also be an opportunity.

Some investors will think that when a **disaster occurs, it also brings a turnaround and an opportunity to absorb quality ** at a low price. As a result, there are risks and opportunities.

Instead of destroying a millionaire, a company, and a bank, the disaster affects the economy of a country and the world, making it lose all functions. Market disasters have caused far more economic losses to humanity than fires, floods, or intense causes, and even less than the economic losses caused by the First World War. Linkages in the economic chain will exacerbate the financial and economic crisis.

Some of the major regional linkages and disasters will lead to regional or global disasters. The catastrophe showed that the market capitalization was dramatically, causing most of the injected funds to disappear; The stock market crash will exacerbate the economic recession, bankrupt industrial and commercial enterprises, indirectly affect banks, and increase banks' non-performing assets; In countries and regions where markets are internationalized, disasters will lead to reduced investment opportunities in markets, promote capital outflows, trigger currency depreciation, and have an impact on financial markets.

It refers to the occurrence of a disaster, no matter what you buy, you will lose money, and there will be a very serious phenomenon, the most important thing in this situation is that there is a kind of turmoil and this special financial crisis.

That is, the market is not particularly good, and then there is a particularly serious disaster, such as the stock price, and then it will also lead to a particularly serious economic turmoil in the society, and it may be because the number of people buying is relatively small, or it may be because it is affected by the market economy or monetary policy.

The specific meaning is that the market of ** has fallen sharply. This will happen because of some economic influences, because of national policy effects.

What exactly is a stock market crash? Why did the crash occur?

Fourth, the general trend: if the ** falls sharply on the same day, it will be even worse to break the position, and don't chase if there is a limit.

Under normal circumstances, the psychological impact of **breaking** on the main force and chasing the disk is also huge, the determination of the main force to pull up is weakened accordingly, and the follow-up disk also stops chasing up, and the main force often has no choice but to ship immediately the next day.

When **in the band**, there are more opportunities for the daily limit, and there are more opportunities overall, so you can be bold in chasing the daily limit; When the ** band is weak, we should be especially careful and try to focus on ST shares, because ST shares and ** may go in reverse, and the other 5% increase will not cause too much selling pressure. If the trend is unclear during the consolidation, it is mainly based on the ** pattern, the morning and evening limit time, and the time-sharing chart performance.

Fifth, the first limit is better, don't chase the second limit in a row.

The reason is that because the profit market is too large in the short term, selling pressure may occur. Of course, this is not a certainty, and the leading stocks in the bull market or the stocks with great good news can be exceptional.

The stock market crash is not coming.

In the first few days of 2021, ** was indeed very good, and the Shanghai Composite Index **Shenzhen Component Index**Shenzhen Component Index** in the first 5 trading days of the first week, which shows the optimism of the situation. However, although the index has risen sharply, the performance of the rise and fall is not optimistic, during this period there are only about 1,000 ****, but nearly 3,000 ****. Valuations are showing a big rise, but **is**more numerous, so,Many **friends** called the first few days of 2021 a "stock market crash bull", and there is a reason for it

Although optimistic in the first week, there have been some changes in the second week, the three major stock indexes have fallen sharply, and on Monday, the Shanghai Composite Index **Shenzhen Component Index **ChiNext Index**, not only the index fell sharply, but the rise and fall were even worse, ** only 775, ** but as many as 3311, which shows that the situation is not good. Among the 6 transactions in 2021, there are more than 3,000 of them, indicating that the market is seriously differentiated, and the vast majority of them are performing poorly.

Although the statement about the "stock market crash bull" is more in line with the current market situation, I don't think this statement is appropriate。Because this is caused by the market, and this "stock market crash" can be avoided. I prefer the current ** as an "exponential bull" or a "professional bull".

Take it earlier, even if the three major stock indexes have fallen sharply, although there are fewer ****, there are still 775 ****, which is about the same as about 1,000 **** in the previous five trading days. That is to say, in the context of a sharp rise in the index, some ** can present**, and when the index shows a sharp fall, some ** can still "contradict the trend". And this branch is undoubtedly a company with industry trends and high quality.

As investors, we can't adapt to the market, we can only adapt to the market。In the context of about 4,000 listed companies, it is indeed unlikely that there will be a general increase before 2015, after all, there are too many listed companies, and the inflow of funds is limited. Based on this, the future A** field is destined to show differentiation and structural ups and downs.

And the existence of this situation will eliminate many small and medium-sized ** and unprofessional investors. Therefore, it is not suitable to call it a "stock market crash bull", after all, many risks can be avoided, and you can choose companies with industry trends and high quality through professional means, so as to avoid risks. I think it is more appropriate to call the ** in the first few days of 2021 "professional bulls" and "index bulls".

It's no wonder that the stock market crash doesn't come. Let's not talk about the impact of Mei on us, let's talk about Moutai, its assets of 100 yuan per share is already terrible, and now it is nearly 2,000 yuan, which is too high, and some people are keen to buy and buy. It is reasonable and normal to return to reasonable**.

Not a stock market crash.