Fight or flight: why does fear cause stockmarket crashes?

Press/Media: Press / Media

Description

Monday saw a feverish panic grip global financial markets as fear of a US recession pushed investors into a frenzied selloff that caught even seasoned investors off guard. Japan for example experienced its worst day of trading since the Black Monday crash of 1987

So why does this happen and why don’t we learn from these experiences?

Period7 Aug 2024

Media contributions

1

Media contributions

  • TitleFight or flight: why does fear cause stockmarket crashes?
    Degree of recognitionNational
    Media name/outletABC Radio National
    Media typeRadio
    Duration/Length/Size11 minutes
    Country/TerritoryAustralia
    Date7/08/24
    DescriptionMonday saw a feverish panic grip global financial markets as fear of a US recession pushed investors into a frenzied selloff that caught even seasoned investors off guard. Japan for example experienced its worst day of trading since the Black Monday crash of 1987

    So why does this happen and why don’t we learn from these experiences?
    URLhttps://www.abc.net.au/listen/programs/radionational-drive/fight-or-flight-why-does-fear-cause-stockmarket-crashes-/104197030
    PersonsLee Smales