Over the past four decades, U.S. markets have experienced several downturns and periods of inflation, influenced by various economic factors and events.

During the early 1980s, the United States faced high inflation rates, leading to a recession in 1981–1982. In 1987, the infamous Black Monday saw global stock markets plummet.

In the early 1990s, another recession struck, fueled by a real estate downturn and fallout from the Savings and Loan crisis (S&L crisis) that began in the late 1980s. However, the economy quickly recovered, aided by technological advancements and the dot-com boom.

The early 2000s witnessed the  bursting of the dot-com bubble, which led to a significant market downturn, impacting tech stocks and causing a recession in 2001. In 2001, the traumatic events of the terrorist attacks on Sept. 11 shocked the nation. Then, in 2008, the global financial crisis happened with the mortgage crisis and the collapse of m