Financial markets have evolved over time. The relationship between stocks and bonds differed in each of the eras that Global Financial Data has created to differentiate the behavior of financial mark read more..

The stock market declined 3% on August 14, 2019 because of the prospect that the yield curve was close to inverting between the 2-year note and the 10-year bond.  Historically, when the yield on the read more..

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 read more..

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 s read more..

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 18 read more..

Argentina just suffered one of the worst one-day declines in global stock market history.  The current President of Argentina, Mauricio Macri, suffered a worse defeat in primary elections than was e read more..

Brazil went through an economic bubble in the 1880s that burst in the 1890s during the first Brazilian military dictatorship.  Two finance ministers in Brazil adopted a policy of unrestricted credit read more..

The Panic of 1857 was one of the first global panics in financial history.  The failure of the Ohio Life Insurance and Trust Co. of Cincinnati, Ohio precipitated a world-wide panic that would last f read more..

  25 years ago: October 1994 S&P 500: 472.35 (vs. 2938.79 in 10/2019) 10-year U.S. Government Bond Yield: 7.81% (vs. 1.56% in 10/2019) Gold: $383.85 (vs. $1501.25 in 10/2019) Oil: $18.1 read more..