Baltimore Bridge Collapse Not a 'Black Swan' Event, Says Expert - Major Crises Are Rare and Markets Adapt

• Black Swan event refers to an unpredictable, impactful event, popularized by Nassim Taleb • Taleb used the term to describe major economic crises like the 2000 dot-com bust and the 2007 housing crisis • The Baltimore bridge collapse has no known link to a Black Swan event so far • Black Swan events aren't necessarily permanent - the economy and stock market tend to recover • Panicking over Black Swan events is ill-advised as downturns are common and markets rebound