Defaults always decrease during good times and skyrocket
during severe recessions, so with the U.S. now at risk of falling into a recession, analysts are predicting that the default rate on junk bonds may climb to 5 % next year.
During the severe recession that began in late 2007, some money market funds «broke the buck» as shares dropped below the $ 1 threshold.
Not exact matches
(This is the lesson we learned
during the
recession of 1981 - 82, which for Canada was even more
severe than the global financial crisis of 2008 - 09).
The S&P 500 hit a pre-credit crisis high of 1565.2 on October 9, 2007 before cratering all the way down to 676.5
during the «Great
Recession» and a
severe bear market followed.
Although Fed officials took strong steps early in the year, including cutting the central bank's benchmark interest rate by more than half
during the first four months, it took until the fall for them to realize that the economy had fallen into a
severe recession.
When many states and districts were facing teacher layoffs due to
severe budget cuts
during the 2009
recession, the Obama administration offered a share of $ 4.35 billion dollars to states through the Race to the Top competition.
During the extraordinary financial panic that occurred late in 2008, I never gave a thought to selling my farm or New York real estate, even though a
severe recession was clearly brewing.
So far, in the twenty - year history of TAM, the TAM analysts seem to have done a pretty good job of buying into the common stocks of companies with growing NAVs, the
severe business
recessions that occurred
during this period notwithstanding.
Nate owns a construction company,
during the
recession his business suffered immensely and he ran into
severe financial issues.
During these
severe sector bear markets, I ran industry screens searching for companies that had an above average probability of surviving their industry's
recession.
Emissions of CO2 from fossil - fuel burning jumped by 5.9 % in 2010, upending the hope that a brief decline
during the
recession might persist... This solidified a trend of rising emissions that will make it hard to forestall
severe climate change.
7.8 million foreclosures occurred
during the 2008 housing crash and the country sunk into a
severe recession.