Identify an economic crisis or turning point that had a significant impact on certain industries in the U.S. Explain why investing in international markets can be a good strategy to hedge against a...

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Identify an economic crisis or turning point that had a significant impact on certain industries in the U.S. Explain why investing in international markets can be a good strategy to hedge against a domestic economic downturn.


Why is maintaining a portfolio that contains foreign securities considered a good long-term investment strategy?



Answered Same DayDec 26, 2021

Answer To: Identify an economic crisis or turning point that had a significant impact on certain industries in...

Robert answered on Dec 26 2021
132 Votes
The Economic crisis in the U.S. commenced in the year 2007. The crisis along with its aftermath is

referred to as “Great Recession”. From its beginning to its nadir in year 2009, it leads to the destruction
of the nearly worth of $20 trillion financial assets that were owned by U.S. the households. It is during
this time that the rate of U.S. unemployment rose from the 4.7 percent to the 10 percent. Certain
industries in the U.S., such as the manufacturing and...
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