Was the financial crisis really that bad? - MoneySense

Was the financial crisis really that bad?

The Lehman Brothers collapse, the Russia LTCM crisis and the Dot.com bust remain the three messiest periods in recent financial history, according to this infographic.


There have been 11 major crises in recent years that spiked the Volatility Index (VIX), a measure of Chicago options that shows market expectations for volatility. On average, it took 106 trading days for the VIX to revert from its peak volatility back to its (then) long-term mean. The longest reversion time for the VIX was 232 trading days (11 months) during the 2008 credit crunch/Lehman crisis.

Source: Credit Suisse Global Investment Returns Yearbook 2013, by Michael O’Sullivan and Richard Kersley