Why Did The Stock Market Crash In 2008

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Why Did The Stock Market Crash In 2008

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The 2008 Crash What Happened To All That Money HISTORY

The stock market and housing market crashes of 2008 trace their origins to the unprecedented growth of the subprime mortgage market that began in 1999 Fannie Mae and Freddie Mac made Late June 2008: Despite the U.S. stock market falling to a 20% drop off its highs, commodity-related stocks soared as oil traded above $140/barrel for the first time and steel prices rose above $1,000 per ton. Worries about inflation combined with strong demand from China encouraged people to invest in commodities during the 2000s commodities.

Watching Lehman Brothers Collapse From The Inside A 2008 Recruit Recounts The Bank s Final Days

Why Did The Stock Market Crash In 2008Financial crisis of 2007–08, severe contraction of liquidity in global financial markets that originated in the United States as a result of the collapse of the U.S. housing market. It precipitated the Great Recession (2007–09), the worst economic downturn in the United States since the Great Depression. In afternoon trading the Dow Jones Industrial Average fell over 500 points as U S stocks suffered a steep loss after news of the financial firm Lehman Brothers Holdings Inc filing for Chapter 11

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