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GFD Blog

GFD CAPE Ratio Additions

Global Financial Data has added 250 CAPE Ratios to its database. The GFD CAPE Ratios are drawn from over 40 countries and include global indices such as World excluding USA index. The GFD CAPE ratios are updated on a monthly basis.

The CAPE Ratio is the cyclically-adjusted price-to-earnings ratio, also known as the Shiller P/E, which was developed by the Nobel Prize winning economist Robert Shiller. GFD’s CAPE Ratios are a moving average calculated as the inflation-adjusted price of the stock index divided by an average of ten years of inflation-adjusted earnings for the index. Graha ...

Whatever Happened to my AT&T Shares?

One of the great mysteries of life was created when AT&T split up into Ma Bell and the Baby Bells. This created a chain reaction of share distributions, splits, take-overs and acquisitions which has created stress and confusion to anyone selling shares in AT&T purchased before January 1, 1983. At least when Standard Oil broke up into 30 companies back in 1912, they at least had the common sense to do this before the IRS could make life miserable for stockholders.

Luckily, the number of people who owned the original AT&T shares in 1983 and haven’t sold their shares yet, forcing them t ...

3000 New Data Sets Added to the Global Financial Database

GFD has added 3000 new data sets to the GFDatabase which calculate the Annual Percentage Change. These files focus on economic data for which users are more concerned about the rate of change than the actual number, such as the Consumer Price Index and Real GDP.

Although GFD provides the annual percentage change as a choice when downloading the raw data, there are several advantages to providing the annual percentage change as a separate file. First, users can download the rate of change directly. Second, users can use the Annual Percentage Change files in our new platform, Finaeon, ...

Global Financial Data adds Data for over 600 Insurance Companies

Global Financial Data has added price data on over 600 U.S. insurance companies covering the years 1928 and 1972. The data are over-the-counter quotes and provide the Bid, Ask and Average of the Bid and the Ask for each company. The data are end-of-the-month bids and asks and provide data on hundreds of insurance companies not available from any other vendor.

Most insurance companies traded over-the-counter prior to the formation of the NASDAQ in 1972. Many insurance companies were small and operated in only a few states, or offered limited insurance coverage, so they were unable to ...

Global Financial Data Adds Almost 300 New Equity and Commodity Indices

Global Financial Data has added almost 300 new stock and commodity indices for users of the Global Financial Database. The new indices expand GFD’s coverage of equities into new areas.

GFD has added a number of indices that are calculated by Research Affiliates. These indices use a weighting that differs from traditional indices. Most equity indices are either equally weighted (as with the Dow Jones Industrial Average) in which the index assumes one share of each component is owned, or is capitalization-weighted, in which the larger the capitalization of the company, the larger the w ...

The World’s First Bear Market

The United States stock market has been in bull-market mode for six years now, and some fear the stock market may be running out of steam. By our count, there have been 25 bear markets in the United States since 1792 and 28 bear markets in the United Kingdom since 1692. Are we about to add to that list?

This raises the question, when did that ugly bear first raise its head? By our analysis, the first fateful year was 1692 when a four-year bear market began in England. If we take the price of East India Company stock from March 1692 until July 1694, and the price of Bank of England s ...

Global Financial Data Adds Finaeon Graphs to its GFD Website

Global Financial Data has added new graphing tools to its website to enhance our customers’ ability to study our extensive database. The new graphing tools make it easier to visualize our data. In addition, GFD has added new techniques to understand the underlying data. To access the new tools, click on the Finaeon Graphs tab at the top of the user interface.

The Finaeon graphs provide a new, easy-to-use format that enables you to make numerous changes to the graph at once. Simply choose the changes in the settings you want and click on the Graph button. You can make changes to the ...

Wilt the Stilt Gets the Jilt

Global Financial Data has stock histories for over 50,000 securities. Some of these stocks cover centuries of data; others are quite short, lasting only a few months or even a few days. One of the most interesting of these is Wilt Chamberlain’s Restaurants, Inc. for which there are only two days of data.

Wilt the Stilt

Wilt Chamberlain was one of the greatest, some would argue the greatest, basketball players in history. He holds 71 NBA records, and he is the only person to score 100 points in a single game. He averaged more than 40 to 50 points per game in ...

Will a Scottish Pound Replace the British Pound?

On September 18, 2014, Scotland will vote on whether to remain part of the United Kingdom or leave. If Scotland were to vote for independence, they would have to decide whether to have a separate currency from England, the Scottish Pound, and whether to have their own central bank. Would England and an independent Scotland share a currency union with England possibly playing the role of Germany and Scotland that of Greece? Or would Scotland set up its own currency?Although it would be advantageous for Scotland to have a currency union with England, based upon the statements of political lead ...

Slobodan Milošević and the Collapse of Yugoslavia

In a previous blog, I documented the worst hyperinflation in history, which was suffered by Hungary in 1946. When Hungary finally converted from the Pengo to the Forint, it took 400,000 Quadrillion Pengö to get one Forint! Yugoslavia failed to beat Hungary’s record, but if Yugoslavia failed to win the gold in the Inflation Olympics, it wasn’t for lack of trying. You can probably blame one person, Slobodan Milošević for the collapse not only of the country’s currency and economy, but for the country itself.

A Socialist Country that Relied on the Market

Yugoslavia was an amalga ...

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