How Markets Recover From Crashes
Every S&P 500 crash since 2016 recovered. We charted the market's underwater history: how deep the drawdowns ran, how often, and where it stands now.
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Every S&P 500 crash since 2016 recovered. We charted the market's underwater history: how deep the drawdowns ran, how often, and where it stands now.
August 8, 2011: the first trading day after S&P stripped the US of its AAA rating. The tape fell all day and closed near the low, with the receipts inside.
September 15, 2008: Lehman filed and SPY closed on its low. LEH's eighteen-month death spiral, the whipsaw week, and the full crash, panel by panel.