The MoneyHatch Newsletter, Edition 13

April 23rd, 2025

Editor’s Note: The Crash That Came and Went

On October 19, 1987, the stock market crashed…hard. The Dow Jones fell over 22 percent in a single day, a drop so steep it’s still the worst one-day percentage loss in market history. People panicked. Some thought it was the start of another Great Depression.

But here’s the thing: it recovered.

Despite the fear and financial chaos, the market bounced back. Within two years (probably the longest two years of some people’s lives), the Dow had regained its pre-crash levels, and long-term investors who stayed the course saw their portfolios continue to grow.

So just remember: markets crash. They always have, and probably always will. But over time, they also recover. (Until they don’t—but that has never happened yet 🙂)

If you’re investing for the long term, don’t let fear take the wheel. Stick to your plan, trust your strategy, and remember: time in the market beats timing the market

Warm Regards

The MoneyHatch Team

Bahamian Financial Updates

Economy News

1. Inflation higher in February

Inflation in The Bahamas inched higher again in February, mainly due to rising health and food costs. EW News reports, the Consumer Price Index (CPI) rose 0.4% from January—up from a 0.1% rise the month before.

Key highlights: