25 years ago: January 1995
S&P 500: 470.42 (vs. 3253.05 in 01/2020)
10-year U.S. Government Bond Yield: 7.60% (vs. 1.85% in 01/2020)
Gold: $374.90 (vs. $1571.95 in 01/2020)
Oil: $18.405 (vs. $59.65 in 01/2020)
GBP/USD: 1.5785 (vs. 1.3077 in 01/2020)
US GDP: $7,331 billion (vs. $21,542 billion in 09/2019)
US Population: 266 million (vs. 329 million in 2019)
01/02/1995: Mexico develops a rescue plan to deal with the crisis sparked by last month’s peso devaluation.
01/03/1995: The U.S. and China move close to a trade war as President Clinton threatens 100% tariffs if China refuses to halt software and media piracy.
01/06/1995: A chemical fire in an apartment complex in Manila, Philippines, leads to the discovery of plans for Project Bojinka, a mass-terrorist attack.
01/12/1995: Orange County sues Merrill for $3 billion, charging the firm wantonly and callously sold it high-risk securities.
01/14/1995: Mexico pledges profits from state-owned Pemex’s $7-billion-per-year oil revenues in an effort to secure U.S. congressional approval of $40-billion worth of loan guarantees. Subsequently, President Clinton approved a $20-billion U.S. aid package for Mexico. (DMN)
01/17/1995: The Great Hanshin earthquake: A magnitude 7.3 earthquake occurs near Kobe, Japan, causing extensive property damage and killing 6,434 people.
01/22/1995: Israeli-Palestinian conflict: Beit Lid massacre In central Israel, near Netanya, two suicide bombers from the Gaza Strip blow themselves up at a military transit point killing 19 Israelis.
01/23/1995: Glaxo offers $14.15 billion for Wellcome PLC to become largest prescription drug company in the world.
01/31/1995: President Bill Clinton authorizes a $20 billion loan to Mexico to stabilize its economy.
50 years ago: January 1970
S&P 500: 85.02 (vs. 3253.05 in 01/2020)
10-year U.S. Government Bond Yield: 7.75% (vs. 1.85% in 01/2020)
Gold: $34.99 (vs. $1571.95 in 01/2020)
Oil: $3.21 (vs. $59.65 in 01/2020)
GBP/USD: 2.4015 (vs. 1.3077 in 01/2020)
US GDP: $1,030 billion (vs. $21,542 billion in 09/2019)
US Population: 209 million (vs. 329 million in 2019)
01/02/1970: DJ Rail Average became Transportation Average. Some rails were deleted; certain airline, freight carrier issues added. Pacific Intermountain Express Co., Transway International Corp., Trans World Airlines, Eastern Airlines, Northwest Airlines Inc. Pan American Corp. United Airlines, American Airlines and CNF Transportation Inc. added to the Dow Jones Transportation Average.
01/04/1970: A magnitude 7.7 earthquake strikes Tonghai County, China, killing at least 15,000 people.
01/12/1970: Biafra capitulates, ending the Nigerian Civil War.
01/22/1970: The Boeing 747, the world’s first “jumbo jet”, enters commercial service for launch customer Pan American Airways with its maiden voyage from John F. Kennedy International Airport to London Heathrow Airport.
100 years ago: January 1920
S&P 500: 8.7647 (vs. 3253.05 in 01/2020)
10-year U.S. Government Bond Yield: 4.93% (vs. 1.85% in 01/2020)
Gold: $20.67 (vs. $1571.95 in 01/2020)
Oil: $5.063 (vs. $59.65 in 01/2020)
GBP/USD: 3.4975 (vs. 1.3077 in 01/2020)
US GDP: $84 billion (vs. $21,542 billion in 09/2019)
US Population: 106.46 million (vs. 329 million in 2019)
01/02/1920: The second Palmer Raid takes place with another 6,000 suspected communists and anarchists arrested and held without trial. These raids take place in several U.S. cities.
01/07/1920: Federal Reserve banks start to raise rates. The New York State Assembly refuses to seat five duly elected Socialist assemblymen.
01/08/1920: AFL Iron and Steel Organizing Committee concluded an unsuccessful 3 1/2 month strike in steel industry.
01/10/1920: League of Nations organized. The Treaty of Versailles takes effect, officially ending World War I. The Memel Mark and the Danzig Mark replaced the German Mark at par.
01/15/1920: Francisco Jose Fernandes Costa (Republican Liberal) became Prime Minister of Portugal
01/16/1920: XVII Amendment (Prohibition) effective (repealed Dec. 1933).
01/19/1920: The United States Senate votes against joining the League of Nations.
01/20/1920: The American Civil Liberties Union is founded.
01/23/1920: The Netherlands refuses to surrender the exiled Kaiser Wilhelm II of Germany to the Allies.
01/26/1920: Former Ford Motor Company executive Henry Leland launches the Lincoln Motor Company which he later sold to his former employer.
200 years ago: January 1820
S&P 500/GFD US-100: 1.576 (vs. 3253.05 in 01/2020)
10-year U.S. Government Bond Yield: 4.348% (vs. 1.85% in 01/2020)
Gold: $19.39 (vs. $1461.70 in 01/2020)
GBP/USD: 4.44 (vs. 1.3115 in 01/2020)
US GDP: $727 million (vs. $21,542 billion in 09/2019)
US Population: 9.6 million (vs. 329 million in 2019)
01/28/1820: A Russian expedition led by Fabian Gottlieb von Bellingshausen and Mikhail Petrovich Lazarev discovers the Antarctic continent, approaching the Antarctic coast.
01/29/1820: Death of George III of Great Britain.
01/30/1820: Edward Bransfield sights the Trinity Peninsula and claims the discovery of Antarctica.
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