As the events of the 2008 Credit Crisis unfolded, markets dropped precipitately with each significant development.
How did we recover? What happened next?
The Longest Bull Run Ever
After settling in early 2009, the latest bull market is the longest stock market upswing in U.S. history.
- The S&P 500 has tripled since its low point on March 9, 2009.
- The Bull run that started in March of 2009 has slowed somewhat. Stocks started 2018 with a plunge that was fueled by fears of a new global recession and worries about the downsides of cheap oil. Some feared a bear market was imminent. Markets have settled since.
- Real GDP in the U.S. increased at an annual rate of 4.1 percent, as the unemployment rate dropped to 3.9% in the second quarter of 2018.