The Great Depression was among the most severe financial disasters in history. The Great Depression was brought about by a severe collapse in stock-market prices in the New York Stock Exchange (NYSE). This downturn created one of the most promising buying opportunities of all time for investors. The NYSE then experienced a strong surge in prices in the years following The Great Depression. Great fortunes were accumulated from the purchase of undervalued companies and real estate.
Early 2000's Recession.
A combination of economic and event driven factors drove the US into a recession as we entered the new millennium. Corporate scandals, deflation, the Y2K scare, the bursting of the dot-com bubble, and 9/11 all played a role in pushing investors into a state of fear and out of the markets. » READ MORE
