What stocks did well after 2008 crash?
Key Takeaways
Top 10 Stocks in the S&P 500 by Total Return During 2008 | ||
---|---|---|
Company Name (Ticker) | 1-Year Total Return | Industry |
Dollar Tree Inc. (DLTR) | 60.8\% | Discount Stores |
Vertex Phamaceuticals Inc. (VRTX) | 30.8\% | Biotechnology |
H&R Block Inc. (HRB) | 25.8\% | Personal Services |
When did the stock market recover from the 2008 crash?
During the 2008 financial crisis and the Great Recession, the S&P 500 fell 57.7\% from October 2007 to March 2009. By March 2013, the S&P had recovered all of its losses from the financial crisis and continued on its 10-year bull run climbing more than 400\%.
What stocks rebounded the fastest after a recession?
Stocks that weathered the 2008 and 2020 recessions:
- Target Corp. (TGT)
- Lowe’s Cos. (LOW)
- Nike (NKE)
- NextEra Energy (NEE)
- Walmart (WMT)
- Dollar Tree (DLTR)
- Home Depot (HD)
Why was AIG bailed out?
In late 2008, the federal government bailed out AIG for $180 billion, and technically assumed control, because many believed its failure would endanger the financial integrity of other major firms that were its trading partners–Goldman Sachs, Morgan Stanley, Bank of America and Merrill Lynch, as well as dozens of …
How long do stock market crashes take to recover?
It’s likely some of these Americans might rethink pulling their money if they knew how quickly a portfolio can rebound from the bottom: The market took just 13 months to recover its losses after the most recent major sell-off in 2015.
Why did AIG lose so much money?
AIG didn’t have any offsetting positions that would make money if its swaps in this sector lost money. McDonald and Paulson’s analysis showed that there was more to the problem than just the credit default swaps. Securities lending lost the company a massive amount of money as well.
What was the AIG crisis of 2008?
The AIG 2008 crisis was massive. The insurance company collapsed and had to be bailed out by the government. The $13 billion that AIG had lost to Goldman Sachs betting on subprime mortgage bonds was fully covered by the government.
What happened to AIG’s credit rating?
“AIG’s credit rating had been downgraded by all three major agencies in May and June of 2008, and in August and September, people started to terminate their agreements,” asking for their collateral back.
Is AIG on the brink of collapse?
But in September 2008, the company was on the brink of collapse. The epicenter of the crisis was at an office in London, where a division of the company called AIG Financial Products (AIGFP) nearly caused the downfall of a pillar of American capitalism.