The stock market bottomed 8 years ago — here's what the headlines looked like at the peak of the financial crisis

pulse

March 13, 2017 3:27 PM

The S&P 500 has gained about 250% since.

Too Big to Fail

The S&P 500 crashed more than 50% during the 2008/2009 Great Financial Crisis. March 6 marked the S&P 500's eight-year anniversary of its 2009 intraday low of 666. Three days later, the index put in its closing low of 676.63.

The sell-off prompted then newly elected President Barrack Obama to make one of the greatest stock market calls of all-time. On March 3, 2008, Obama told America, "

Since then, the S&P 500 has recovered all of its losses from the financial crisis, and then some. The eight-year long rally has tacked on almost 250%, rallying to a record high of 2400.58 on March 1, 2017.

The canvas pictured below is a reminder of just how scary and confusing the times were as the world became familiar with terms like mortgage-backed securities and derivatives.

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