Dow Jones Industrial Average is the oldest index in the world. The index always shows what is happening with the US economy - the largest economy in the world.
Let's look at the chronology of important economic events since 1916:
1916 Lusitania - Sunk by German Submarine / Emergency Revenue Act - Includes Estate Tax 1917 US Formally Declares War on Germany 1918 World War I - End / Daylight Savines Tima / Amendment, Prohibition - Ratified 1919 Amendment, Women's Suffrage - Ratified 1921 The First Restrictive Immigration Act 1922 Federal Narcotics Control Board - War on Drugs 1923 First Transcontinental Fight Japan Earthquake 1924 Ford Manufactures 10 Milfionth Automobile - Scopes Monkey Trial 1926 Revenue Act - Reduces Income & Estate Taxes 1927 Lindbergh - First Nonstop Flight - New York to Pacis 1928 Amelia Earhart - First Woman to Fly Atlantic 1929 Financial Panic - Stock Market Crash - Depression 1930 Smoot Hawley Tariff Act 1931 Bank Panic - Countrywide Banks Closings 1932 Lindbergh Kidnapping / Reconstruction Finance Corp 1933 The New Deal - FDIC Established 1934 Securities & Exchange Commission - Established 1935 Social Security Act - Passed 1936 Drought in the Western States - Dust Bowl 1937 Hindenburg - Destroyed 1938 The New Deal - End / Fair Labor Standards Act 1939 World War Il - Begins in Europe / Great Depression 1940 France Falls - German Occupation 1941 Peart Harbor - Attacked by Japanese 1942 Price Controls - Begin / Battle of Midway / Guadalcanal 1943 Current Tax Payment Act, Withholding Taxes 1944 Normandy Invasion 1945 World War II - End / Cold War - Begins 1946 Stock Market Crash / Price Controls - End 1947 Taft-Hartley Act / Marshall Plan 1948 Truman Upsets Dewey - For Presidency 1949 Foreign Currencies Devalued 1950 The Korean War - Begin 1951 First Commercial Color TV Broadcast 1952 Steel Workers Strike - Despite Government intervention 1953 The Korean War - the End of Wage Stabilization Board 1954 St. Lawrence Seaway Bill - Passed 1955 President Eisenhower - Suffers a Heart Attack 1956 Suez Canal - Crisis 1957 Sputnik | 1958 USA - First Satellite Launched 1959 St Lawrence Seaway - Opened 1960 First Japanese Cars, Exported to US / U2 Spy Plane Shot Down 1961 The Berlin Wall - Built / Bay of Pigs - Debacle 1962 The Cuban Missile Crisis / Sled Price Rollback 1963 John F. Kennedy Assassinated 1964 Vietnam War Begins - Gulf of Tonkin Resolution 1965 The Great Inflation - Begin 1966 Medicare - Begin / the First Time USA Bombs North Vietnam 1967 The Six-Day War 1968 The Offensive / R.F. Kennedy & M.L King - Assassinated 1969 Apollo 11 - the USA on the Moon 1970 USA & South Vietnamese Invade Cambodia | Kent State 1971 Wage & Price Controls 1972 Watergate - Break-in / Munich Olympics Massacre 1973 US Involvement in Vietnam - End / Arab Oil Embargo 1974 President Nixon Resigns / ERISA Act - Signed 1975 Saigon - Fall / May Day - the End of Fixed Commissions 1976 US Bicentennial / Lockheed Aircraft - Bribery Scandal 1977 Panama Canal Treaty - Control of Panama in 2000 1978 Humphrey-Hawkins Full Employment Act 1979 Three Mile Island - Accident / Iran Hostage Crisis 1980 Iraq Invades Iran - War / Hunt Brothers Siver Crisis 1981 Tax Cut - Passed / Space Shuttle / President Reagan - Shot 1982 Penn Square Bank - Closed by Regulators / Falkland Islands War 1983 Terrorist Bombing of US Barracks - Beirut / Grenada Invasion 1984 Run on Continental Bank 1985 Gramm-Rudman Act / US Becomes a Debtor Nation 1986 Iran-Contra Affair / US Attacks Libya / Chernobyl Accident 1987 Financial Panic / Stock market Crash of Iraq Attacks on USS STARK 1988 Terrorists Bomb N.Y. Bound Airliner - Lockerbie, Scotland 1989 The Berlin Wall - Opens / US Invades Panama 1990 Iraq invades Kuwait / Gorman Unification 1991 The Gulf War / Soviet Union Collapse 1992 The Cold War - Ended / Civil War in Bosnia 1993 Russian Revok / World Trade Center - Bombed 1994 Orange County Bankruptcy of NAFTA instituted 1995 Oklahoma City - Murrah Federal Building - Bombed 1996 Alan Greenspan's “Irrational Exuberance” Speech 1997 Asian Currency Crisis - Hong Kong & Global Stock Market Rout 1998 US embassies in East Africa bombed 1999 NATO Bombs Serbia, Yugoslavia / Y2K - Millennium Scare / Columbine massacre 2000 Bush v. Gore Election Crisis / Terrorist Attack on USS COLE 2001 Terrorist Attack on the World Trade Center & Pentagon / Enron 2002 War on Terror of Turmoil in the Middle East / Corporate Misconduct 2003 Iraq - Weapons Inspections / War in Iraq 2004 Global War on Terror 2005 Record High Oil Prices / Hurricane Katrina 2006 Housing Decline / Nuclear Weapons - North Kores & Iran 2007 Subprime Mortgage / Credit Debacle 2008 Credit Crisis / Financial Institution Failures / Bitcoin - Created 2009 War on Terror / Climate Debate / Healthcare 2010 Gulf Oli Spit / European Union Cassis / Massive Debt 2011 Debt Ceiling Crisis / US Credit Downgrade 2012 European Debt / US Fiscal Cliff 2013 Boston Bombing / Government Shutdown / NSA Leaks 2014 Rise of ISIS / Police Protests / Oil Price Decline 2015 Terror Attacks / Refuges Crisis / China Slowdown / Fed Rate Hike 2016 Brexit - Start / Cuban Embassy Opened / Elections 2017 Trumponomics, Cryptocurrency Fever 2018 United States trade war with China 2019 Chang'e-4 on the far side of the moon / Fire of Notre Dame Cathedral / The first case of 2019-nCoV coronavirus infection in China 2020 US-Iran Tension / The COVID-19 Pandemic / Joe Biden Wins the Presidency / "Black Monday" for oil / Brexit - End / SpaceX space launch 2021 The GameStop short squeeze / Ever Given halts global supply chain / COVID-19 vaccines / America withdraws from Afghanistan 2022 Ukraine Russia War in the Center of Europe - Sanctions for Russia
What awaits us next...
Potential events that may overtake us in the near future: - The use of tactical nuclear weapons. - Cyber Warfare. - Hunger. - The largest economic crisis (food crisis, trade supply crisis, energy crisis). - New viruses, pandemics. - Potential formation and formation of Kurdistan and conflicts around it. - Massive Blackout. - Conflicts of countries in Oceania.
Write in the comment section what you would add to the list above.
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