405:, and renaming it to something like '2020 Stock Market Crash'. There are two reasons we should do this: Firstly, although Monday and Thursday were the two largest dips in the stock market (around -7% both days), there have been multiple other days of large market drops (-5% on 3/11, -4% on 3/5). Secondly, there is little evidence that these events are known as "Black Monday" or "Black Thursday" in the media or in the financial industry, the cited sources (Philipine Daily Inquirer and The New Indian Express) do not represent the way most people are referring to this market downturn.
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986:). It is too soon to tell how reliable sources will document these two days, whether it will be viewed as a single larger event, or each one specifically as unique and separate. One thing is for sure, the reactions to the infections of people by the convid19 virus (and whatever other associated names it may have which one might prefer to use instead) are the root cause of what is being discussed; perhaps these articles should be listed in that article, if it hasn't been done already.--
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1073:. Last week was incredibly volatile in world markets and while new records are being set with each day, the specific independent day movements are not sufficiently notable enough to have standalone articles. There were many major falls during the 1929-1933 collapse, but they do not all have their own WP articles. We are going to have a few more of these days in the next few weeks, so they should all be merged.
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are heavily influenced by international
English language media so I do wonder how common they are. I think here is not for coining the term for too many people, more documenting only if clearly already coined. Moreover, more market action in progress and its all very clearly related as one event... good chance we will have many related articles with either overlap or lacking context without merge.
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unique, separate event that requires independent coverage. Knowledge (XXG) is not a crystal ball: If and when the time comes that there's sufficient evidence of lasting significance in the reliable sources, then we should have a separate article. Until then, merge and redirect these articles to the general article on the March 2020 economic downturn. This strikes me as a no-brainer that follows
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813:– These drops aren't being called "black*" by very many people. These names should only be given if there's strong consensus. It took a few years for the recession caused by the financial crisis to be called the Great Recession, for example. We should merge into into a general article on the 2020 crash. This allows us to properly contextualize the events.
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917:- Black Monday & Black Thursday are notable as record-breaking days as part of the notable 2020 crash. It's often the case that events within a larger notable event or sequence of events are also notable. Examples include individual matches within a sports tournament & individual military operations within a conflict.
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Also I see no reason at all to "wait", either. This merge something that needs to be done, and people are watching these articles right now. So to avoid having three pages on the same topic (and more, if drops continue next week) assuming this continues as a clear consensus to merge, let's just get on and do it ASAP. —
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I see this as the conclusive argument that a merger should be performed. Unless there is evidence that the consensus among the reliable sources—and I mean actual reliable sources, not the business trade press and churnalist sources that tend to get cited in this sort of discussion—that this day is a
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I have never heard this event referred to as black either of these days, though discussion of it the events is rampant (i.e. many talking about it, nobody calling it this). I asked a few others including in financial roles (anecdotal, I know) and these do not seem to be common terms in Canada and we
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Why is are either of these days notable on their own? There are some days with larger downturns than either Monday or Today (2008-10-15, 2008-12-01, 2008-09-29, 2008-10-09) that don't have separate articles. Also, do you feel strongly that the name 'Black
Thursday' is appropriate? The media has not
1157:
Hi, this is thechitowncubs. I wonder if we should link to past failures of central bank intervention, like the
Federal reserve during the Great Depression, the Federal reserve manipulation of interest rates in business cyclecollapses in America. Are there facts for those collapses and central bank
834:
seems sensible, or moving one into the other and moving to a new title maybe. The two days are clearly linked, and the names themselves are dubious - although obviously appearing in some sources, I haven't seen huge numbers of outlets talking about "Black Monday" and "Black
Thursday" specifically.
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I also agree with merging this article and coming up with a generic title to use as a stand-in until a more widely known name is used. It's likely there is going to be more crashes in the market in the coming days ahead. It seems unnecessary to come up with a page every day the stock market falls.
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merger. These events aren't independently notable of one another, and not enough time has passed to support particular titling of these days. The article naming itself is cited to a bunch of financial industry trade press. I'd like to remind everyone that
Knowledge (XXG) prefers to take the trade
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This is a bit of an aside, but the Dow is also a relatively poor indicator of the stock market as a whole. I know people quote it a lot, but it's whole operation is very old-fashioned - it has only 30 stocks, of all the thousands in the US, and set by a committee rather than on truly objective
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This crash just happened today! It's impossible to know what will happen tomorrow or next week. I think we need to allow some time to see whether this is a longer lasting stock market adjustment and whether these articles should be merged. There is no rush to merge articles today or tomorrow.
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I agree with merging this article and renaming it to more thoroughly encompass ongoing events. This is not a one-off crash, it's a series of crashes over the past month due to the effects of the coronavirus. Separate articles for each crash are inefficient and probably not notable. 🌧❄ϟ
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is a pretty obvious counter-argument. In addition, we just don't know what the lasting significance of this or any of the other "record breaking" days we've had recently (as others have rightly argued, basing the significance merely on an absolute number of points changed is not really
935:
appropriate—it's a bit like arguing that we should have an article on every millionaire because millionaires were once uncommon). Follow the guidelines. There's no lasting significance of these days yet. And
Knowledge (XXG) is not a crystal ball. Let's come back to this when the
852:-- We are still watching this unfold. Maybe it should be its own article. Maybe merged in the one mentioned. Or maybe in some other article which will be obvious given a little more time. Until then, continue to add content here so we will be ready to decide. --
878:. I agree with Amakuru that there's no reason to wait—the onus is on those demanding separate coverage to demonstrate that said coverage is consistent with Knowledge (XXG) policies and content guidelines. What we have here is a textbook case of
710:. Keep Black Monday, Black Thursday, and the 2020 stock market crash as separate articles. Both Black Monday and Thursday are record-setting events. The rest of these crashes can be covered in the main article with a broader scope.
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I would also support merging into a single article on the ongoing stock market crash. Massive volatility is expected in the days ahead (see VIX) and I don't see why we need new articles for each new swing of the market.
874:'s warning about the use of trade publications to support the notability of articles about corporations or products. What we need to look for to support these events as requiring separate coverage is discussion in the
1039:. The larger topic here is definitely notable, and this article will make a fine two-paragraph section (max) in the merged article, if you actually look at what is unique to this article (i.e., not "background").
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The crash is the big story. Some days with very large increases also occurred during the Great
Recession. I agree that the record increases as well as the record falls should be included in the article.
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Quite a few edits have been made to the article to change bits and pieces like this. The most recent edit is definitely wrong, but I don't know enough to know which version to revert to.
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let's talk about having a "Black
Thursday" article or a "Bloody Thursday" article or a "You Won't Believe These 2300 Crazy Points The Dow Jones Industrial Index Lost!" article.
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It is too soon to tell how reliable sources will document these two days, whether it will be viewed as a single larger event, or each one specifically as unique and separate.
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I disagree that these are record setting events, as a percentage change in the market (see 2008-10-15, 2008-12-01, 2008-09-29, 2008-10-09). It's a record change in Dow Jones
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were also all linked to the pandemic. What is exceptional is the volatilty of the market, more so than the idea that stocks are just falling.
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and clickbait titling. When and if this specific stock market slump has lasting notability in the eyes of the economic academia,
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and then redirecting there. The individual crashes are notable, but only as part of the bigger crash, not as singular events.
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Black Monday is notable on its own. If the markets recover by the close of today, I suggest merging this article into
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1114:. Maybe it would be a valuable and more neutral way to reflect the situation if we also mentioned that the four
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the four largest Dow daily losses up to Black
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A single article with a fairly generic name seems like a good path to follow.
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to know the best article structure. Status quo works for the moment.
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yet coalesced around a specific name for either Monday or Thursday.
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for global performance, and the S&P 500 for US-specific. —
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Right now, the article doesn't really make much sense:
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607:Comment
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493:Nizolan
372:merging
320:Finance
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100:history
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1054:Oppose
972:) and
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744:Points
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188:scale.
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