SP500 with global events

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The Great Depression (1929-1939):
This was the most severe economic downturn in US history, triggered by the stock market crash of 1929 and exacerbated by bank failures, high unemployment, and a global economic crisis.

1973-1975 Recession:
This recession was largely caused by the oil crisis of 1973, where OPEC (Organization of the Petroleum Exporting Countries) raised oil prices and embargoed oil exports to the United States, leading to high inflation and economic stagnation ("stagflation").

2001 Dot-Com Recession:
This recession followed the bursting of the dot-com bubble in 2000, where over-inflated tech stocks crashed, leading to economic uncertainty and a short but relatively shallow recession.

The Great Recession (2007-2009):
This recession was triggered by a housing bubble fueled by irresponsible lending practices and the collapse of the housing market, leading to a financial crisis that spread globally.

COVID-19 Recession (2020):
The global COVID-19 pandemic led to lockdowns, business closures, and a sharp decline in consumer activity, resulting in a severe economic downturn and a rapid increase in unemployment.

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