ICF Research Helps Measure the Magnitude of the U.S. Stock Market Drop
The January 6, 2009 Economist.com story “Boom and bust” reported that 2008 was the second-worst performing year for the U.S. stock market since 1825. Belgian asset management firm Value Square performed the calculation using, in part, historical data from the New York Stock Exchange History Research Project. The project is an on-going effort of the International Center for Finance (ICF) at the Yale School of Management to collect price and dividend information on NYSE stocks from the beginning of the exchange to the present.