What was the 1973–1974 global bear market called after the oil crisis and the collapse of Bretton Woods?

The global bear market caused by the oil crisis and the collapse of Bretton Woods was the 1973–1974 stock market crash.

The crash unfolded between January 1973 and October 1974. In the United States, the Dow Jones Industrial Average lost about 45% from its January 1973 peak to its October 1974 low. The downturn followed the end of the Bretton Woods monetary system, rising inflation, recession, and the 1973 oil crisis, when oil prices surged after Arab oil producers imposed an embargo on several countries.

This period is sometimes reduced to an oil-price shock, but several forces operated together. Inflation weakened real returns, while higher interest rates and recession damaged corporate profits. The bear market affected many countries, not just the United States, and it helped define the difficult economic era often called stagflation. It should not be confused with the 1970 crash, which was a shorter and earlier decline.