The October 27, 1997, mini-crash is the name of a global stock market crash that was caused by an economic crisis in Asia or Tom Yum Goong crisis; Thai: วิกฤตต้มยำกุ้ง. The point loss that the Dow Jones Industrial Average suffered on this day still ranks as the eighth biggest point loss and 15th biggest percentage loss since its creation in 1896. This crash is considered a "mini-crash" because the percentage loss was relatively small compared to some other notable crashes. But after the crash, the markets still remained positive for 1997, though the "mini-crash" may be considered as the beginning of the end of the 1990s economic boom in the United States and Canada, as both consumer confidence and economic growth were mildly severed during the winter of 1997–98 (with neither being strongly

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  • The October 27, 1997, mini-crash is the name of a global stock market crash that was caused by an economic crisis in Asia or Tom Yum Goong crisis; Thai: วิกฤตต้มยำกุ้ง. The point loss that the Dow Jones Industrial Average suffered on this day still ranks as the eighth biggest point loss and 15th biggest percentage loss since its creation in 1896. This crash is considered a "mini-crash" because the percentage loss was relatively small compared to some other notable crashes. But after the crash, the markets still remained positive for 1997, though the "mini-crash" may be considered as the beginning of the end of the 1990s economic boom in the United States and Canada, as both consumer confidence and economic growth were mildly severed during the winter of 1997–98 (with neither being strongly affected, compared to the rest of the world), and when both returned to pre-October levels, they began to grow at an even slower pace than before the crash. (en)
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http://purl.org/linguistics/gold/hypernym
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  • The October 27, 1997, mini-crash is the name of a global stock market crash that was caused by an economic crisis in Asia or Tom Yum Goong crisis; Thai: วิกฤตต้มยำกุ้ง. The point loss that the Dow Jones Industrial Average suffered on this day still ranks as the eighth biggest point loss and 15th biggest percentage loss since its creation in 1896. This crash is considered a "mini-crash" because the percentage loss was relatively small compared to some other notable crashes. But after the crash, the markets still remained positive for 1997, though the "mini-crash" may be considered as the beginning of the end of the 1990s economic boom in the United States and Canada, as both consumer confidence and economic growth were mildly severed during the winter of 1997–98 (with neither being strongly (en)
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  • October 27, 1997, mini-crash (en)
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