"A crash really occurs when you suddenly have a violent downturn in the market that then heralds a long bull market"

This quote by Ron Chernow is describing the stock market and the idea of a "crash". A crash is an abrupt and significant decline in the stock exchange, generally brought on by a large number of financiers selling their stocks at the exact same time. This abrupt downturn in the market is frequently seen as a sign of a long-lasting bearishness, where stock rates remain low for an extended time period. Nevertheless, Chernow recommends that a crash can likewise be seen as a sign of a long-lasting booming market, where stock prices remain high for an extended period of time. This suggests that a crash can be viewed as an indication of a possible opportunity for financiers, as the marketplace might will enter a period of sustained growth.