MARKET INSIGHTS
07/10/2017
The Financial Crisis: A Stroll Down Maiden Lane
While many market participants frequently mention 2008 as “the year of the crisis,” the genesis of events actually began in earnest during the summer of 2007. We thought it would be a useful exercise to review some of the key money and bond market takeaways from that period and compare them to where we stand today, 10 years later. So, for those who remember the integral role the Fed played during this 2007–2009 time frame, let’s take a stroll down Maiden Lane.