On the centenary of the Great War's conclusion, it is instructive to examine how this historic event affected investors and changed global capital markets.
The panic of 1825 was the culmination of several years of euphoric investment in sovereign debt and precious metals that included one of the most remarkable swindles of all time: bonds sold in the name of a made-up country, called Poyais.
All aboard the gravy train (1845 - 1947). The advent of steam travel sparked a boom in railway stocks in England and even Austria. But as the boom hit the skids, families were ruined and several banks failed.
We compare trade between the two countries in 1926 with the situation now. See the extent to which the nature of goods, and import and export dependencies have changed.
Our third instalment of historic follies charts banking crises in 14th century Florence and 19th century Brazil, an 1869 attempt to corner the gold market, Australia’s nickel boom of 1969 and the Russian Rouble crisis of 1998.
With several technology companies nearing trillion-dollar equity valuations, we examine the record of firms that surpassed previous symbolic milestones.
The central banks of the world’s most influential nations have for the past two decades been dominated by economists. This hasn’t always been the case.
A history of technical analysis, from 18th century Imperial Japan to Bitcoin price movements today – informed by material from Winton’s archive.
Why not give your nearest and dearest the gift of a classic financial market boardgame? Here we present 10 ideas from the Winton archive.
The tracking of shipping routes is an oft-cited achievement of modern data science. But comparable data has been collected for centuries—as our video shows.
Hopes vested in AI capabilities have often run ahead of the reality – just as they did several decades ago.
The typical Australian analogy for the China-fuelled expansion in commodities trading would probably be the mid-19th century gold rush.
A recent Longer View article looked at standout commodities performer palladium. Now, for the dunce of the class: cocoa.
The emissions scandal has hit carmakers’ shares, but has also proved a fillip for another type of investment.
The gas market has experienced many shocks stretching back into the 19th century.
On June 5, 1967, Israeli jets launched the opening salvo of a short, but consequential conflict that shut the Suez Canal for eight years.
Oil-producing countries are fretting ahead of the next OPEC meeting, given the seeming powerlessness of the cartel to influence the oil price.
Understanding long-term patterns in global trade can serve as a useful window into economic and financial market developments.
A recent report described a commodity trader buying up thousands of swimming pools’ worth of sugar, potentially moving the market.
The recent surge in bitcoin prices, fuelled by capital flight from China, evinces a growing desire to revamp (or circumvent) the world’s monetary order.
In the lead up to the recent US presidential election, it was widely predicted that the US stock market would crash in the event of a Trump victory.
Perhaps the most striking manifestation of the 2000s copper boom was the sight of charred human remains dangling from power cables.
A history of manias, panics and crashes: the ‘Pit’ refers to the trading pit; the ‘Pendulum’ to how traders’ emotions swing back and forth.
Ranging from the Dutch tulip bubble of 1637 to Mexico’s Peso crisis of 1994, Part II also explores various manias and panics in 19th century America, including in railroads, land and mines.