Historical Year Data · 2008

M1 Velocity in 2008

M1 Velocity opened 2008 at 10.64 and closed at 9.55, a -10.25% move for the year. The high of 10.65 was reached on April 1, and the low of 9.55 on October 1.

Open

10.64

2008-01

9.55

4 data points

High

10.65

Apr 1

Low

9.55

Oct 1

Full Year Change

-10.25%

2007 Change

+2.92%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Jan	10.64	10.64	10.64	10.64	+0.00%
Apr	10.65	10.65	10.65	10.65	+0.00%
Jul	10.42	10.42	10.42	10.42	+0.00%
Oct	9.55	9.55	9.55	9.55	+0.00%

Events During 2008

2008 Financial Crisis

Deflation

September 2007 – March 2009

The 2008 Financial Crisis remains the deepest and most instructive market event of the 21st century. Subprime losses cascaded through leveraged balance sheets, froze interbank lending, and forced unprecedented central bank intervention.

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