Crash or Correction?
The last few weeks have been a tumultuous time for share markets. We have seen large declines in share prices but how do you know if a share market is crashing or having a correction? Definition of Crash and Correction A stock market crash is a sudden drop in share prices caused by fear and panic. A crash occurs when the market falls more than 10% in one day. A market correction is normal for share markets and this occurs …