A Century of Peace: Bear Markets in the 1800s

A Century of Peace: Bear Markets in the 1800s

GFD has calculated a global index of stocks that begins in 1602 and continues until the present. With this index, we can track the changes in global stock markets over the past 400 years, determine when bear markets occurred and study the causes of those bear markets....
Brazilian Stocks’ Wild Ride Through Time

Brazilian Stocks’ Wild Ride Through Time

At about $1 trillion, Brazil’s stock market is among the twenty largest stock markets in the world, equal to about half of the country’s GDP. The first stock exchange opened in Brazil in 1817, the Rio de Janeiro Stock Exchange opened in 1820, and the Sao Paulo Stock...