Special Feature
The curious case of the
4 year bull run and the missing retail investor... The financial crisis that started in 2007 in the US in the sub-prime housing market and metamorphosed into a Sovereign debt crisis as it deepened has been one of the worst events for decades. It led to many corporate (and personal) bankruptcies, to a global recession, rising unemployment and, of course, to a severe decline in equity markets. On October 9, 2007 the S&P 500 peaked at 1,565.15 and in just one and a half years it lost 56.8%, closing at 676.53 on March 9, 2009 before embarking on a multi-year bull run.
24 | www.financial-spread-betting.com | February 2013