Stock Market Performance Over Last 30 Years

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SECURITY BENEFIT

Dec. 31, 2020

S&P closed at 3733.27

4000

Dec. 31, 2019

S&P closed at 3215.18

3000

Dec. 31, 2014

S&P closed above 2,000 for the ﬁrst time

Mar. 1, 2020

A 20% decline in the peak S&P due to the Covid-19 Pandemic

Oct. 9, 2007

End of 2000 Bull market 1565.15

Jan. 14, 2000

Dot-com bubble peaks at 1465.15

2000 1000

Mar. & Aug. 2015

Two ﬂash crashes of 2015 - attributed to the rise of algorithmic trading

1995–1997

Beginning of the dot-com bubble

August 8, 2011

Black Monday 2011 Market decline following US debt downgrade from AAA to AA+

March 9, 2009
Oct. 9, 2002

A 57% decline in the peak S&P from the peak of the housing bubble
A 47% decline in the S&P from the peak of the dot-com bubble

Dec. 1990
Dec. 1995
Dec. 2000
Dec. 2005
Dec. 2010
Dec. 2015
Dec. 2020

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October 19, 1987 – Black Monday, 20 Years Later BACKGROUND

October 19, 1987 – Black Monday, 20 Years Later BACKGROUND On Oct. 19, 1987, “Black Monday,” the DJIA fell 507.99 (508) points to 1,738.74, a drop of 22.6% or $500 billion dollars of its value-- the largest single-day percentage drop in history. Volume surges to a then record of 604 million shares. Two days later, the DJIA recovered 289 points or 16.6% of its loss. It took two years for the DJIA to fully recover its losses, setting the stage for the longest bull market in U.S. history. Date Close Change Change % 10/19/87 1,738.70 -508.00 -22.6 10/20/87 1,841.00 102.30 5.9 10/21/87 2,027.90 186.90 10.2 Quick Facts on October 11, 1987 • DJIA fell 507.99 points to 1,738.74, a 22.6% drop (DJIA had opened at 2246.74 that day) o Record decline at that time o Friday, Oct. 16, DJIA fell 108 points, completing a 9.5 percent drop for the week o Aug. 1987, DJIA reached 2722.42, an all-time high; up 48% over prior 10 months o Today, DJIA above 14,000 • John Phelan, NYSE Chairman/CEO -- Credited with effective management of the crisis. A 23-year veteran of the trading floor, he became NYSE president in 1980 and chairman and chief executive officer in 1984, serving until 1990 NYSE Statistics (1987, then vs. now) 1987 Today (and current records) ADV - ytd 1987 (thru 10/19): 181.5 mil ADV – 1.76 billion shares (NYSE only) shares 10/19/1987: 604.3 million shares (reference ADV above) 10/20/1987: 608.1* million shares (reference ADV above) Oct.
The Rising Thunder El Nino and Stock Markets

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Financial Catastrophe Research & Stress Test Scenarios

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Harvey's Investment Review

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lakyara 2010Kyara, which means “precious” in ancient Japanese, is an aromatic resin regarded as the highest quality of all agarwood. “lakyara [la-kæ´la]” aims to deliver the same quality as Kyara together with NRI’s endeavour for continuous excellence and innovation to provide the most advanced and up-to-date information to our readers worldwide. vol.80 (28.may.2010) US equity market hit by "flash crash" vol.80 (28.May.2010) US equity market hit by "flash crash" Extreme volatility event under the current standards effective since 1998, the initial in US equity market circuit breaker is not triggered until the DJIA declines 10%. On May 6, no circuit breakers were triggered because the On Thursday, May 6, 2010, the US equity market DJIA's intraday low was only 9.16% below the previous experienced a major dislocation. The day unfolded against day's close. a backdrop of mounting uncertainty surrounding the situation in Europe, with Britain holding a general election Exhibit. NYSE circuit breaker rules as Greece's fiscal crisis dragged on. Additionally, the US equity market had sold off in response to doubts about DJIA decline Time of occurrence Duration of trading halt the domestic economic outlook. At 2:00 p.m. EDT, the Before 2:00 p.m. 1 hour 10% Between 2:00 and 2:30 p.m. 30 minutes Dow Jones Industrial Average (DJIA) was down 161 points After 2:30 p.m. No halt (approximately 1.5%) from its previous day's close of Before 1:00 p.m. 2 hours 10,868.12.
The Federal Reserve's Response to the Global Financial Crisis In

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