Bonds and Stocks
Who's Afraid of a U.S. Recession?
April 24, 2008
August 9th, 2007 was the day investors caught their first scent of the rot in the subprime mortgage lending market. Many other parts of the global financial system spoiled subsequently. Well-respected analysts have called this debacle the worst financial market breakdown since the 1930’s, and a 62% decline in new home sales from peak underscores […] More
