Which 1962 U.S. stock-market downturn became known by the nickname linked to President Kennedy?

The 1962 U.S. stock-market downturn known by a nickname linked to President Kennedy was the Kennedy Slide of 1962.

The decline began in late 1961 and became severe during the first half of 1962. The Dow Jones Industrial Average fell about 26% from its peak in December 1961 to its low in June 1962. The episode followed a period of strong postwar market gains and reflected concerns about economic growth, corporate earnings, and international tensions.

The nickname connected the downturn with President John F. Kennedy’s administration, although the causes were broader than presidential policy alone. The market’s low came on June 26, 1962, after a sharp sell-off that became known as the “Flash Crash” of 1962.

The episode is sometimes confused with the 1962 bear market as a whole or with later U.S. crashes. Unlike the 1929 collapse, it did not lead to a decade-long depression, and the market recovered during the second half of the 1960s.