This is a comprehensive history of the financial markets (stocks, commodities, and currencies). We discuss the events, triggers, themes, news, and fundamentals that impacted the markets. For the time being, we’re sticking with U.S. equities, the U.S. dollar, and gold/silver.
Go to the homepage for my thoughts on the current state of the markets.
U.S. Stock Market
- Why the U.S. stock market soared from 1986-1987
More to come.
- Why did the U.S. dollar peak in 2001 and 2002?
- Why the U.S. dollar was in a bear market from 1985 to 1990
- Why the U.S. dollar topped in 1985
- Why the U.S. dollar was in a bull market from 1980-1985
- How inflation impacts the U.S. Dollar Index
We’re just getting started!
Gold and Silver
- The UK’s gold auctions caused gold prices to collapse in 1999.
- Gold spiked in September 1999 because of the Washington Agreement.
- Why gold spiked again (briefly) in February 2000.
- How Warren Buffett impacted silver from 1997 to 2006.
Silver’s history is complicated because it’s impacted by a lot of scattered events. Most of the time, silver moves purely according to the rules of technical analysis.
It is extremely important to study the past. A lot of big rallies and price declines were caused by specific events or a chain of events. When you understand how certain types of actions have impacted markets in the past, you can predict how an event happening right now will impact markets in the future. For example, the fact that quantative easing was very bullish for stocks in 2009-2014 tells you that any future rounds of QE will most likely be good for stocks as well.