Investment Office Logo
The Time Capsule

Markets in History

Articles: 1-15 / 124
Page 
 of 9

Goodbye to a Legacy: Exxon Mobil

ExxonMobil, formerly Standard Oil of New Jersey, was removed from the DJIA, but Chevron, formerly Standard Oil of California, will remain.

Dr. Brian Taylor, Chief Economist
Global Financial Data, August 24, 2020

''I see nothing, however, in the present situation that is either menacing or warrants pessimism. During the winter months there may be some slackness or unemployment, but hardly more than is usual at this season each year."

December 31, 1929, press statement of Treasury Secretary Andrew W. Mellon trying to assuage fears that the shock of the crash and the subsequent downturn in the economy would last.

Treasury Secretary Andrew W. Mellon
FRASER, United States, Department of the Treasury, December 31, 1929
''Preventing a Depression''

''Preventing a Depression''

"The environment today is not entirely dissimilar from the early 1930s, the last time a demand shock of a similar magnitude occurred."

Brian L. Giuliano, "We’re Fighting Deflation, Not Causing Inflation… Yet"
Brandywine Global, Around the Curve, Haver Analytics, June 1 2020

America's First Great Depression

Economic Crisis and Political Disorder after the Panic of 1837

Alasdair Roberts
Cornell University Press, February 2013

Stocks and Unemployment’s Relationship Hasn’t Changed

Our thoughts on a novel way some news coverage has displayed unemployment.

Editorial Staff
Fisher Investments MarketMinder, May 11 2020
Bear Market Rallies - A Historical Context

Bear Market Rallies - A Historical Context

There have been five major bear markets in the S&P since the Depression, with each one experiencing rallies along the way that turned out to be false dawns.

Variant Perception Research, April 30th 2020

Manchurian plague, 1910-11

In the autumn of 1910, the press in China began to report that a rare and deadly pneumonic plague had reached Harbin in the extreme Northeast of China, then known as Manchuria.

Iain Meiklejohn, Levina Basra, and Vivian Tan
DisasterHistory.org, 2016

Quarter Notes and Bank Notes: The Economics of Music Composition in the Eighteenth and Ninteenth Centuries

How creative artists in the 18th. and 19th. centuries adapted to the vast economic and social changes that occured around them during the greatest era of musical composition. A novel cross-disciplinary arena between music and economic history.

F. M. Scherer
Princeton University Press, 2012

Events in Time Anniversaries: February 2020

25 years ago: February 1995

50 years ago: February 1970

100 years ago: February 1920

200 years ago: February 1820

Dr. Brian Taylor, Chief Economist
Global Financial Data, February 20 2020
The Spanish Flu and the Stock Market: The Pandemic of 1919

The Spanish Flu and the Stock Market: The Pandemic of 1919

Dr. Brian Taylor, Chief Economist
Global Financial Data, February 27 2020
Reactions around the Market Crash of 1929

Reactions around the Market Crash of 1929

In the years shortly before and following the great crash of 1929 most market participants failed to grasp the full scale and length of the unfolding depression. Capitulation finally came after 1932, when the DJIA closed at its lowest level of the 20th century.

Investment Office, February 2020

Currency Competition in Switzerland, 1826 -1850

"Currency competition provided a stable monetary standard in those Swiss cantons that deregulated their financial systems after liberal revolutions in the 1830s and 40s."

Ernst Juerg Weber
Kyklos, Volume 41, Issue 3, August 1988
Direct-Drive Motor Company

Direct-Drive Motor Company

Founded in 1917 in Philadelphia, Pennsylvania, Direct Drive Motor Car Company built automobiles under the brand Champion. In 1923 the Company was renamed as the Champion Motors Corporation (between 1908 and 1923 there were three car brands in the US with the same name).

Investment Office, October 2019

Wars and Financial Panics: Global Bear Markets in the Twentieth Century

"The 1700s was a century of war during which there were five bear markets, each driven directly or indirectly by a European war. The 1800s, on the other hand, was a century of peace, with numerous panics, but only one global bear market which occurred in the 1840s. There were no global bear markets between 1848 and 1912, a 64-year stretch of peace and economic growth.

War hit the world in 1914 when World War I began. Four bear markets occurred between 1912 and 1949. With the world generally at peace after World War II, recessions, sometimes driven by financial panics, were the main cause of bear markets."

Dr. Bryan Taylor
Global Financial Data, Aug 19, 2019

Public and Private Currency Competition

Excerpt

James Bullard
Federal Reserve Bank of St. Louis, July 19, 2019
Articles: 1-15 / 124
Page 
 of 9