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Bear markets are clearly defined: a decline of 20% or more in an equity market constitutes a bear market. By this definition, the United States had 18 bear markets in the 1900s. But what is a bull market? Global Financial Data (GFD) has supplemented the definition...
During the 1800s, the transport and finance sectors represented the majority of the stock market capitalization in the United Kingdom. As Figure 1 shows, in 1800, finance represented about 90% of stock market capitalization. This fell to around 60% in 1807 when data...
The House of Representatives has begun an inquiry into impeaching President Trump. This will make Trump only the fourth President to face an impeachment inquiry. Andrew Johnson was impeached in 1868, but the Senate failed to remove him from office by one vote....