Loading...

GFD Blog

200 Years of the United States Stock Market in One Graph

The Course of the Exchange made the first attempt to break the stock market down into sectors in 1811 when it expanded its coverage of stocks to include shares other than the three sisters, the Bank of England, South Sea stock and East India Company that dominated the English stock market in the 1700s.

Twenty securities were listed in The Course of the Exchange from 1747 to 1811 as a group. On January 1, 1811, coverage expanded to two pages and stocks were divided into different sectors: canals, docks, assurance, water works and miscellaneous companies. On August 30, 1811, I ...

350 Years of English Leadership

Global Financial Data is completing its collection of data for the English stock market. The UK stocks database includes data on 25,000 companies from 1657 when the East India Company started trading in London to 1985.

GFD has written two other articles, “Four Centuries of Global Leadership” and “Two Centuries of American Leadership” which analyze how leadership in the global and American economies, with leadership defined as the largest listed company by market capitalization, has changed over the past several centuries. This article focuses on England.

London has ...

GFD Introduces New Railroad Indices and Extends Its Cape Ratios Back 40 Years

Global Financial Data has produced a new set of railroad indices that should transform our understanding of the past. In addition to the calculation of the indices themselves, GFD has been able to calculate PE ratio and dividend yield data back to 1832 enabling us to push our CAPE ratios back to 1842, 40 years before the current start date of 1881. GFD offers 175 years of CAPE data, more than any other source.

Every month I read about the discovery of exoplanets thousands of light years from earth. The discovery of exoplanets enables us to compare the configuration of our own solar ...

Two Centuries of American Leadership

Two Centuries of American Leadership

The article Four Centuries of Global Leadership tracked the largest company in the world from 1602 to 2018. This article focuses on the United States, detailing how leadership, in terms of the company with the largest market cap, has changed over the past two centuries.

The table which accompanies this article provides a unique history of the United States stock market. We have calculated the number companies in the market at fi ...

Four Centuries of Global Leadership

Global Financial Data has collected data on the London Stock Exchange and the United States stock exchanges as well as data on individual companies over the past 400 years. This data covers all the major companies that have listed in London, New York, Paris and Amsterdam during the past four centuries. This data provides us with a fascinating glimpse into how global leadership has changed over the past 400 years. GFD has put together a table that provides information on what was the larges ...