Which 1973–1974 global stock-market collapse followed the end of the postwar bull market?

The global stock-market collapse that followed the end of the postwar bull market was the 1973–1974 bear market.

From January 1973 to December 1974, major equity markets suffered steep losses. In the United States, the Dow Jones Industrial Average fell roughly 45% from its January 1973 peak to its December 1974 low. The period combined inflation, recession, monetary tightening, and the 1973 oil crisis.

The crash also reflected the unwinding of the long postwar expansion. In Britain, the decline was especially severe, and many international investors experienced simultaneous weakness across markets.

This event is often grouped with the 1970s energy and inflation crises, but it was not simply an oil-price shock. Inflation, economic stagnation, interest rates, and political uncertainty all shaped the bear market.