Is there upcoming massive downfall in market? What is leap year curse ?
What is leap year curse ?
A leap year curse is a superstition that believes that leap years, especially leap days, are unlucky and bring misfortune. There are different traditions and myths associated with leap years around the world. For example: we are interested in financial disasters so we will discuss what happened in this previous leap years –
1992 Harshad shantilal Mehta scam :
Lot of people may know about this scam through the web series and movie called “SCAM 1992” and “THE BIG BULL”. So if keep aside of this movies what ever he did that Shaked Stock market and there is big down fall. HARSHAD SHANTILAL MEHTA Indian stockbroker and a convicted fraudster. Mehta’s involvement in the 1992 Indian securities scam made him infamous as a market manipulator. At his glory times he commanded the market. After his crimes are exploited it made sensation news and it made market fall into 45% Persant. But if we observe properly its a leap year. But its not end here there is some more phenomena’s.
DoT CoM bubble burst:
The dot com bubble burst was a period of rapid decline in the value of technology stocks that occurred between 2000 and 2002. It was caused by excessive speculation and investment in Internet-based companies, many of which had no profitable business model or revenue. The bubble burst when investors realized that these companies were overvalued and started to sell their shares, leading to a market crash and a loss of billions of dollars. Market fall into 40% And 2000 is a leap year .
The Great American Recession:
The great American recession was a period of severe economic decline in the United States that lasted from December 2007 to June 2009. It was caused by a collapse of the housing market and a global financial crisis that triggered a credit crunch and a loss of confidence in the banking system. The recession resulted in a sharp drop in GDP, a surge in unemployment, a fall in stock prices, and a wave of foreclosures and bankruptcies. The government and the Federal Reserve responded with various fiscal, monetary, and regulatory measures to stabilize the economy and prevent a depression. At this this time market fall into a massive 60%.
Covid-19 Pandemic 2020:
The COVID-19 pandemic is a global health crisis caused by a new coronavirus that emerged in late 2019 in China. The pandemic has affected millions of people around the world, disrupting their lives, livelihoods, and well-being. The pandemic made great test to survival of humanity and lot of people much focused on survival so it made to withdraw the investments from the stock market. and finally market fall into a 40% down side. And 2020 is leap year
And now it’s 2024:
so some people are expecting there will a massive down fall in the market because of already lot tinctions going on worldwide some are even predicting there is going to be a world war 3. There is some reasons that can create a financial drama and that can create a huge downfalls in the markets they are Red sea crisis, US – China tensions, Elections in 2024, Israel Hamas war, Russia – Western nations tensions, or maybe some other reasons comment if you feel Any !
We are not spreading any false messages we are just showing there is phenomena maybe there will huge up side or huge down fall maybe stable everything fine. We are just sharing our opinion that’s all ! So we are not recommending any one to buy or sell any stocks or assets . Please do your own research and take your own dissentions. Until our next blog bye bye!!! see you …
