2010s
30 entries
Flash Crash 2010
On May 6, 2010, the Dow Jones plunged nearly 1,000 points in minutes, then recovered most of the los...
Facebook IPO
Facebook went public on May 18, 2012 at 38 dollars per share. It was the largest technology IPO in h...
Chinese Stock Crash 2015
A massive stock market crash in China after a debt fueled boom. The Shanghai Composite Index rose 15...
Brexit Market Impact
The UK voted to leave the EU on June 23, 2016. The pound fell 10 percent overnight, its largest one ...
European Debt Crisis
A multi year crisis that threatened the eurozone. After Greece revealed its massive deficit, attenti...
Swiss Franc Shock 2015
On January 15, 2015, the Swiss National Bank unexpectedly removed the francs exchange rate cap again...
Robinhood Launch
Robinhood launched in 2013, offering commission free stock trading through a mobile app. Founded by ...
Eurozone Crisis Detail
The Eurozone crisis lasted from 2010 to 2014. It started with Greece, then spread to Ireland, Portug...
Turkish Currency Crisis
The Turkish lira lost 40 percent of its value against the dollar in 2018. The crisis was caused by P...
Lehman and Repo Market 2019
In September 2019, the overnight repo market in the US suddenly seized up. Repo rates spiked from 2 ...
Saudi Aramco IPO
Saudi Aramco went public on December 11, 2019, the largest IPO in history. The company raised 25.6 b...
Alibaba IPO
Alibaba went public on the New York Stock Exchange on September 19, 2014, raising 25 billion, the la...
Tesla IPO
Tesla went public on June 29, 2010 at 17 per share. It was the first American car company IPO since ...
Copper Monday 2018
In June 2018, copper prices plunged 20 percent in weeks. The crash was triggered by trade war fears ...
Trump Tax Cuts
The Tax Cuts and Jobs Act of 2017 was the largest tax overhaul in 30 years. It cut the corporate tax...
Venezuelan Hyperinflation
Venezuela experienced hyperinflation starting in 2016, peaking at an estimated 1.7 million percent i...
Dodd-Frank Act
The Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 was the most comprehensive fin...
Trump Stock Market
During the Trump presidency from January 2017 to January 2021, the S&P 500 rose from 2,277 to 3,851,...
London Whale
The London Whale was a trading loss at JPMorgan Chase in 2012. Bruno Iksil, a trader in the London o...
LIBOR Scandal
The LIBOR scandal involved major banks manipulating the London Interbank Offered Rate, the benchmark...
Wells Fargo Fake Accounts
Wells Fargo was fined 185 million in September 2016 for creating over 2 million fake accounts withou...
ESG Investing
ESG investing, considering environmental, social, and governance factors, grew from a niche to over ...
Zero Commission Trading
In October 2019, major US brokerages including Charles Schwab, TD Ameritrade, E Trade, and Fidelity ...
Bitcoin Mt Gox
Mt. Gox was the largest Bitcoin exchange in the world, handling over 70 percent of all Bitcoin trade...
Chinese Ghost Cities
During Chinas property boom, developers built entire cities that sat empty. Ordos in Inner Mongolia ...
Direct Listings
Direct listings allow companies to go public without using investment banks as underwriters. Existin...
Shanghai Composite Crash 2015 Detail
The 2015 Chinese stock crash destroyed 3.4 trillion in wealth in a month. Margin financing, where in...
Taper Tantrum
In May 2013, Federal Reserve Chairman Ben Bernanke suggested the Fed might begin tapering its quanti...
Flash Boys
Michael Lewis published Flash Boys in 2014, exposing how high frequency traders used fiber optic cab...
Wolf of Wall Street
The 2013 film The Wolf of Wall Street depicted the excesses of Jordan Belfort, a penny stock broker ...