Stock Market Precipice
3 min readFeb 28, 2020
On Thur, 2/27/2020, the stock market fell 1191 points, bringing the total decline in the DOW to over 3000 points in one week.
There are several large, looming problems with this. The decline itself is not as much of an issue as one may imagine.
The biggest problem with the decline is how people are likely to react to it. If the market declines by 1000 points, people take notice. Yet the market has the capacity to regain that much in a day or two. When the market declines 2000 points in a week, people get nervous. When the market declines 3000 points in one week…