Businessweek Archives

One Year Later: Is the Financial Crisis Over?


The Standard & Poor’s 500-stock index closed at 1042.73 this past Friday—a level that is only 16.7% below its level one year earlier, on the Friday preceding the collapse of Lehman Brothers. But a survey of institutional investors recently conducted by FTI Consulting (FCN), a global business advisory firm, found that despite the recent rally, U.S. investors are among the most pessimistic with 76% believing the financial crisis has not yet ended.

Indeed, even though the S&P 500 has gained 54.5% since its March 9, 2009 low, it remains 33.2% below its all-time high of 1565.15 on Oct. 9, 2007.

Continue reading to find out how this compares to other countries and their respective stock markets…

Britain/FTSE 100 Index

73% of investors do not believe the crisis is over

Benchmark index performance

One year: -7.5%

Since low: +42.7% (3/3/2009)

Since high: -25.6% (6/15/2007)

Australia/S&P-ASX 200 Index

80% of investors do not believe the crisis is over

Benchmark index performance

One year: -6.3%

Since low: +46.1% (3/6/2009)

Since high: -32.7% (11/1/2007)

France/CAC 40 Index

50% of investors do not believe the crisis is over

Benchmark index performance

One year: -13.8%

Since low: +48.3% (3/9/2009)

Since high: -39.4% (6/1/2007)

Germany/DAX Index

93% of investors do not believe the crisis is over

Benchmark index performance

One year: -9.8%

Since low: +53.4% (3/6/2009)

Since high: -30.6% (7/16/2007)

Austria/Austrian Traded Index

33% of investors do not believe the crisis is over

Benchmark index performance

One year: -23.4%

Since low: +80.1% (3/9/2009)

Since high: -49.0% (7/9/2007)

Switzerland/Swiss Market Index

33% of investors do not believe the crisis is over

Benchmark index performance

One year: -13.6%

Since low: +44.7% (3/9/2009)

Since high: -34.6% (6/1/2007)


Burger King's Young Buns
LIMITED-TIME OFFER SUBSCRIBE NOW

(enter your email)
(enter up to 5 email addresses, separated by commas)

Max 250 characters

 
blog comments powered by Disqus