Sunday, December 07, 2008

Looking back at Pearl Harbor

In a week that we spent quite a bit of class time talking about impact of "non linear" events (Black Swans etc) and almost 67 years to the day, I wanted to take a look at some Pearl Harbor sites and then got thinking maybe showing what happened to the US stock market would be interesting. So:

Disasters and Their Impact On the Stock Market:
"...for Pearl Harbor, on the first day after the attack the market dropped 2.93%. On the second day, it dropped another 2.84%. And on the third day it dropped an additional .27%"
Over the time of the war as it because apparent the Allies would win, the US stock market climbed dramatically. See this chart.


Ren said...


I would like to subscribe to your blog via email.

Do you have feedburner email activated?


FinanceProfessor said...

oops...I had deleted it...just readded it...thanks...jim