Baron Rothschild Made a Fortune on Waterloo and Said “the Blood on the Streets” Quote Myth
Nathan Mayer Rothschild, likely didn’t say the “blood on the streets” quote, and further the story of him making a fortune at Waterloo likely isn’t true.
Stock Market
The stock market is a generic term that describes markets in which shares of companies, commodities, and financial products are traded. The most well-known stock markets are the “exchanges” of “Wall Street”.
Factoids tagged with "Stock Market"
The Top Income Tax Bracket Used to Be 90% or More Fact
The top marginal income tax rate was over 90% under FDR and Eisenhower, but the effective rate in those times ranged from roughly 0% – 60%.
The Long Term Capital Gains Tax is Lower Than the Short Term Capital Gains Tax Fact
The long term capital gains tax is lower than other federal income taxes, including the capital gains tax and the income tax.
The Dutch Traded Manhattan for Nutmeg Fact
At the height of the spice trade, the Dutch traded Manhattan to the English for the Nutmeg-rich Run Island via the 1674 Treaty of Westminster.
About Half of Americans Own Stocks Fact
According to a 2016 Gallup poll about half of American adults own stocks and about half don’t. This is down since 2007 when around 65% of American adults owned stocks.
Stability Breeds Instability Fact
Stability isn’t necessarily destabilizing, but as Hyman Minsky’s Financial Instability Hypothesis eludes: longterm stability breeds instability and diminishes resilience in economic markets, mainly due to psychological factors.
The First Public Stocks Were Issued to Reduce Risks Related to Pirates Fact
The rise of piracy and the birth of the public stock market roughly intersect, this is because the first public stocks were essentially a type of insurance against pirates.
The Dutch East India Company Was the First Publicly Traded Company Fact
In 1602, the Dutch East India Company (VOC) became the first publicly traded company when it sold shares on its own Amsterdam Stock Exchange (the first stock market).
Blog Posts tagged with "Stock Market"
How Isaac Newton Actually Lost His Money in the South Sea Bubble
Isaac Newton didn’t just buy the top in the South Sea bubble. He bought early, sold for a modest profit, then bought back in near the top after seeing others get rich, only to sell near the bottom for a loss of £20,000 (roughly £1.2 mil in 2021 adjusted for inflation).
Why Oil Prices Went Negative
Oil prices went negative on April 20th, 2020. This essentially translated to oil producers paying buyers to take oil. This was the result of a lack of demand for oil causing a lack of storage / a fear of a lack of storage.
The Basics of Options Trading
Options contracts represent the right to buy or sell an underlying asset, before an expiration date, once certain price conditions are met.
Forget Savings Accounts, You Can Get a Better Return With Funds
Anyone keeping money in a savings account should consider putting that money in a money market mutual fund, short term bond fund term, or other fund designed to be liquid and price stable.
Did “Nothing” Just Pop the “Everything Bubble?”
Did “nothing” in particular just pop the “everything bubble?” I explore that idea and explain what I mean by it.
How and Why Does the Fed Raise Rates, and What Does it Mean?
The Federal Reserve (Fed) has the power to adjust the interest rates that banks charge each other. This impacts rates charged to consumers and businesses. The Fed adjusts rates as a tool to ensure economic stability in the US.
Is Bitcoin in a Bubble?
Bitcoin and other cryptocurrencies look like they are in a bubble here in 2017, in terms of historic bubbles, but no one can predict the future.
The Difference Between a Bear Market and a Bull Market
A bear market is when prices on a market are moving down or expected to move down, a bull market is when they are going up or expected to go up.
The 2007 – 2009 Financial Crisis Explained
We explain the Financial Crisis / Great Recession of 2007 – 2009 that began with the 2006 housing bubble, led to a recession in the U.S. by December 2007, and became a global crisis by 2009.
Book Reviews tagged with "Stock Market"
Trend Following By Michael Covel
Trend Following by Michael Covel is one of the best books on trend trading out there. The main point of the book is the idea that price in motion tends to stay in motion.