tailspin

Geopolitical shocks that used to send the market into a tailspin now come and go, almost unnoticed.

Early in the film, a chance reunion with an old acting-class buddy named Timothy, played by Crudup, sends him into an existential tailspin of doubt and regret.

The U.S. bond market went into a tailspin, and Beijing’s counterpunch caused stocks to plummet.

When the U.S. tried to engineer a revival of its domestic industry a few years ago, China flooded the market with supply, throwing Western producers into a tailspin.

The real crash happened that year, after the Smoot-Hawley tariffs and a series of bank failures, abetted by bad Federal Reserve policy, sent the economy and the market into a tailspin.