The S&P Composite Before 1957

The S&P Composite Before 1957

When Standard and Poor’s introduced the S&P 500 index in March 1957, it revolutionized the index world and created a benchmark for the stock market that is still used today. The original S&P 500 index included 425 industrial stocks, 15 rail stocks and 60...
General Electric: The Fallen Giant

General Electric: The Fallen Giant

The graph below illustrates the history of global stock markets by capitalization from 1900 to 2018. The graph uses the World Federation of Exchanges definitions and divides the world into three groups: the Americas which includes both North and South America,...
The Bank Bubble of 1929

The Bank Bubble of 1929

When people talk about the stock market crash of 1929 and the 90% decline in U.S. stocks between 1929 and 1933, most of the focus of this rollercoaster ride falls on the industrial stocks, such as Radio Corporation of America, and others that flew high before...