Event
28 entries
GameStop Short Squeeze
In January 2021, retail investors on the Reddit forum r/wallstreetbets drove GameStop stock from 20 ...
Volkswagen Short Squeeze
In October 2008, Volkswagen briefly became the most valuable company in the world during a massive s...
Silver Thursday
On March 27, 1980, the Hunt brothers attempt to corner the silver market collapsed. Nelson Bunker Hu...
Euro Introduction
The euro was introduced as an accounting currency on January 1, 1999, and as physical notes and coin...
Brexit Market Impact
The UK voted to leave the EU on June 23, 2016. The pound fell 10 percent overnight, its largest one ...
Black Wednesday 1992
The day Britain crashed out of the European Exchange Rate Mechanism. George Soros bet 10 billion aga...
Swiss Franc Shock 2015
On January 15, 2015, the Swiss National Bank unexpectedly removed the francs exchange rate cap again...
Negative Oil Prices 2020
On April 20, 2020, West Texas Intermediate crude oil futures traded at minus 37.63 dollars per barre...
Bitcoin Whitepaper
On October 31, 2008, an anonymous person or group called Satoshi Nakamoto published a 9 page paper t...
Lehman and Repo Market 2019
In September 2019, the overnight repo market in the US suddenly seized up. Repo rates spiked from 2 ...
Interest Rate Shock 2022
Central banks worldwide raised interest rates aggressively in 2022 to combat inflation. The US Feder...
Gold Discovery California
James Marshall discovered gold at Sutters Mill on January 24, 1848, triggering the California Gold R...
Y2K Tech Spending
In the years before January 1, 2000, companies and governments worldwide spent an estimated 300 to 6...
Copper Monday 2018
In June 2018, copper prices plunged 20 percent in weeks. The crash was triggered by trade war fears ...
March 2020 Circuit Breakers
In March 2020, the S&P 500 triggered circuit breakers four times in eight trading sessions, halting ...
Tea Act and Boston Tea Party
The Tea Act of 1773 gave the British East India Company a monopoly on tea sales in the colonies, und...
Worcester vs Georgia Gold
The Georgia Gold Rush of 1829 was the first major gold rush in the United States, twenty years befor...
Gold Rush Australia
Gold was discovered in New South Wales and Victoria in 1851. The Australian gold rush transformed th...
South African Gold Rush
The discovery of gold on the Witwatersrand in 1886 transformed South Africa. The gold was deep under...
Zero Commission Trading
In October 2019, major US brokerages including Charles Schwab, TD Ameritrade, E Trade, and Fidelity ...
Bitcoin ETF Approval
On January 10, 2024, the SEC approved the first US spot Bitcoin ETFs. The approval came after a deca...
NYSE Electronic Trading
The New York Stock Exchange, long a bastion of floor traders and specialists, embraced electronic tr...
Direct Listings
Direct listings allow companies to go public without using investment banks as underwriters. Existin...
Taper Tantrum
In May 2013, Federal Reserve Chairman Ben Bernanke suggested the Fed might begin tapering its quanti...
Telegraph and Stock Prices
The invention of the telegraph in 1844 revolutionized stock trading. Before the telegraph, price inf...
Nixon Shock
On August 15, 1971, President Nixon ended the convertibility of the US dollar into gold, effectively...
Born to Predict Crisis
Brooksley Born, chair of the Commodity Futures Trading Commission, warned in 1998 that unregulated o...
Ecuador Dollarization
In January 2000, Ecuador abandoned its currency, the sucre, and adopted the US dollar. The decision ...