What was the name of the 1973–1974 bear market that followed the end of the postwar stock-market boom?

The 1973–1974 stock market crash was the major bear market that followed the end of the postwar stock-market boom.

The decline affected markets in the United States and other countries from late 1973 into 1974. In the United States, the Dow Jones Industrial Average fell about 45% from its January 1973 high to its December 1974 low. The period combined inflation, slowing economic growth, monetary pressure, and severe energy disruption.

The 1973 oil crisis intensified the economic shock after members of the Organization of Arab Petroleum Exporting Countries announced an oil embargo against countries supporting Israel during the Yom Kippur War. Oil prices rose sharply, contributing to what became known as stagflation: weak growth alongside high inflation.

The market decline is often grouped with the broader 1970s economic crisis, but it was not one single-day crash like Black Monday in 1987. Its defining feature was a prolonged fall lasting many months.