Dashed left edge = started before March 1903 ·
Dashed right edge = ongoing beyond March 1903
Events in March 1903 1
1903Panic of 1903US stock market downturn known as the Rich Man's PanicA prolonged decline in US stock prices through 1903, driven by overextended credit and investor confidence shaken by earlier corporate trust battles, became known as the Rich Man's Panic. It hit wealthy investors and financiers hardest rather than the general public. The economy recovered by 1904 without a broader banking crisis.