The Great Recession refers to the contraction in global economic activity that occurred in 2008 and 2009, in the wake of the collapse of several large financial institutions. The Great Recession was the most severe economic downturn since the 1930s.
- A Lucky Apple and the Evolution of an Investment StrategyChristopher Hall, a high school senior who plans to study financial engineering in the fall, writes about his own experiences as a young investor in the stock market: "There is no better feeling than when an investment pays off. Conversely, the feeling of realizing a loss (selling a stock for less than you paid for it) is not one that you want to repeat."
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