Barton Biggs was probaly one of the finest mind on Wall Street. In his book "Wealth, War and Wisdom", Barton Biggs analyses equity markets behavior during the key events of World War II; and the results are truly fascinating, as you can see in the charts below:.

Stock Markets during the second World War

Dow Jones Industrial Average: Stocks, land, real estate, and businesses worked only if you had a very long-tern horizon. The black market was the most lucrative profession.

Another example of the wisdom of markets. The war news was consistently bad, but nevertheless stocks worked higher.

Did anyone know the tide had turned except the stock market? Certainly a few of the generals suspected.

Dow Jones - Year Historical Chart | MacroTrends

Business Cycles Central Banks. Creative Destruction Credit Crunch.

Equity Europe Financial Crisis Fiscal Policy. Gloom and Doom Gold. Monetary Policy Oil Panics Permabears PIIGS Predictions.

Sovereign Bonds Systemic Risk. Tipping Point Trade Balance.

Stock charts from SRC | Fundamental stock market data

Investment Office Selecting relevant market observations. Quotes on the Fly.

Investment Thoughts - Markets in History. Stock Markets during the second World War. In his book "Wealth, War and Wisdom", Barton Biggs analyses equity markets behavior during the key events of World War II; and the results are truly fascinating, as you can see in the charts below: