From 2003 to 2007 everything appeared to be moving in the right direction. And then, this happened…
How did we recover? What happened next?
After recovering from the tech bubble bursting and subsequent 2-year bear market, the S&P 500 Index marched toward all time highs for the next four years. The strongest period of growth from late 2006 through 2007, was followed by a stretch of relative stagnation leading into the period of events that lead to the world credit crisis. The 12-month market stagnation was just the beginning. Sign up to watch more video reflections on events that shaped the markets.
Source: Bloomberg. Date Range: 7/1/2002 – 12/31/2007. The performance data quoted represents past performance. Past performance does not guarantee future results. One cannot invest directly in an index.