This Month in Market History

From the creation of our current financial institutions to stories of bear markets past, this column reveals key market events from this month in history. Check back here for bits of investing history that helped shape the modern market we know today.


FDR’s First Fireside Chat: March 1933

On March 12, 1933 President Franklin Delano Roosevelt (FDR) used his first fireside chat to speak directly to the American people via radio, forever changing how presidents communicate

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February 1971: The NASDAQ Exchange Opens

The first electronic, remote and eventually online exchange, the NASDAQ was a leap forward in accessibility and efficiency.

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First Federal Regulatory Agency Created – February 1887

The Interstate Commerce Act created the first US federal regulatory agency, which helped shape financial markets and served as the model for many regulators that followed. 

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Steve Jobs Introduces the first iPhone in January 2007

The iPhone helped usher in our mobile, interconnected age and introduced an app marketplace that would revolutionize everyday life.

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January 1958: European Economic Community Founded

The European Economic Community (EEC) helped unite a continent—and fostered Britain’s “semi-detached” relationship with the rest of Europe.

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Bitcoin Peaks in December 2017

While the term bubble is thrown around a lot, Bitcoin in late 2017 exhibited many classic bubble characteristics.

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First Assembly Line— December 1913

The assembly line brought car ownership to the middle class and forever changed how things are made.

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Armistice Signed between Germany and the Allies in 1918

It’s not surprising, but worth remembering that global wars devastate people and markets.

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November 1867: The Invention of the Stock Ticker

We tend to take the rapid flow of information for granted, but it wasn’t always this way.

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This Month in History—October 1998:
The October Melt Up

October market crashes give the month a bad rap. But what about the many, many times October didn’t result in a big, bad downturn?

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