The world and stock market have seen so many different events that were going to end or change things…FOREVER.
The pessimist in all of us is always looking for things to END.
It is human nature to think about the end.
However…stock market history often points in a different direction. ⬆️
As we look back through history to 1900, here are some examples of moments we thought were going to have a bigger long-term impact on markets than they really did:
✅Panic of 1901 – Assassination of McKinley and long-lasting drought
✅Panic of 1907 – Theodore Roosevelt’s attempt on fixing company monopolies
✅World War I – 1914
✅Spanish Influenza – 1918
✅Crash of 1929 – Wall Street crash, banks runs, and lead into the Great Depression…
✅Fair Labor Acts Beginning & Start of World War 2 – 1938 and 1939
✅Bombing of Pearl Harbor – 1941
✅Cuban missile crisis – 1962
✅President Kennedy’s assassination – 1963
✅President Nixon forced to resign and ERISA Act signed into law – 1974
✅Black Monday – 1987
✅Persian Gulf War – 1990
✅Asian financial crisis and LTCM bankruptcy – 1997 & 1998
✅World Trade Center attacks – 2001
✅Financial / Mortgage Crisis – 2008
✅US government debt ceiling crisis – 2011
✅Ebola – 2014
✅China Slowdown & Brexit – 2015 & 2016
✅China trade war heightening & Interest Rate Rising Fears – 2018
✅COVID-19 pandemic – 2020
All we can control at the end of the day is how long we stay invested. We are never going to control world events or world markets. 🧠 🌎
Investing involves risk including the potential loss of principal. No investment strategy can guarantee a profit or protect against loss in periods of declining values. Past performance is no guarantee of future results.