What was the 1962 United States stock-market decline commonly nicknamed?

The 1962 United States stock-market decline was commonly nicknamed the Kennedy Slide.

The fall occurred between December 1961 and June 1962, during John F. Kennedy's presidency. The Dow Jones Industrial Average dropped sharply from its late-1961 high, and the decline became one of the most notable postwar market corrections before the better-known crashes of 1987 and 2008.

Investor concern reflected slowing economic growth, corporate earnings worries, valuation levels, and uncertainty about government policy. The Kennedy administration's confrontation with the steel industry in April 1962 also unsettled markets after major steel companies announced price increases and the administration strongly opposed them.

The episode is sometimes confused with a recession or a single-day crash. It was a months-long market decline, not one isolated trading session. The nickname refers to the president in office, not to a formal government program or a specific stock index.