CN Historical Archive
Archive files covering CN: every file tells what happened and why it mattered, paired with playable scenarios built from authentic market data.
59 files
2025 · Stocks · US
Q4 2025–Q2 2026: A Global Equity Rally, Its Correction, and the Markets That Diverge
From October 2025, global equity markets entered a synchronized rally before correcting sharply in Q1 2026, with dramatic divergences across Gulf, Asian, and US indices.
Read the file →2024 · Commodities · US
2024 Commodity Markets: The Fed's September Pivot and the Dollar Weakness That Divided 53 Scenarios
How the Federal Reserve's September 2024 rate cut split commodity markets — energy surges, agricultural boom, and industrial metals stagnation under a single policy shift.
Read the file →2024 · Stocks · US
2024 Consumer Disc SPDR: Riding the Sector Rotation Boom
An XLY boom replaying 150 trading days from June 2024 through January 2025, the Consumer Disc SPDR climbed 27.2% with a 12.7% drawdown and 11 decision points.
Read the file →2023 · Commodities · US
November 2023–May 2024: Red Sea Tensions and the Global Commodity Boom
Geopolitical shock from Red Sea shipping disruptions drove extreme divergence across commodity markets, with cocoa soaring 150.7% and natural gas plunging 26.5% in six months of heightened volatility.
Read the file →2021 · Property · US
November 2021: The Rate Shock That Split America's Housing Market
Rate hikes collided with pandemic-era property gains, splitting US cities into outperformers and laggards across a 30-month housing cycle.
Read the file →2021 · Commodities · US
Autumn 2021: Beijing's Commodity Crackdown and the Policy-Shock Era
Sept–Dec 2021: Beijing's regulatory crackdown reshaped commodity markets, triggering outsized drawdowns across metals, energy, and agriculture.
Read the file →2021 · Commodities · US
Spring 2021: The Commodity Supercycle That Punished Discipline and Rewarded Conviction
When commodity prices surged in early 2021, the real test was not direction but survival through drawdowns that dwarfed the final returns.
Read the file →2021 · Commodities · CN
May–August 2021: China's Black Series Crackdown and the Great Commodity Divergence
Beijing's policy pivot crushed iron ore 31% while nat gas surged 32% — a 64-trading-day window where commodity markets bifurcated along regulatory fault lines.
Read the file →2021 · Property · US
February 2021: When Two Property Markets Began to Diverge
February 2021 marked a turning point as US pandemic housing booms and China's tightening crackdown set divergent 30-month trajectories through 2023.
Read the file →2020 · Commodities · US
January–June 2020: COVID-19 Reshapes Global Commodity Markets
Pandemic uncertainty sent commodity volatility to extremes—energy collapsed while metals and grains diverged, testing risk discipline across 86 trading days.
Read the file →2020 · Commodities · US
2020: The Commodity Pandemic — Crash, Rebound, and the Volatility That Fooled Most
2020 commodities swung from historic crash to explosive rebound. RBOB surged 86.8%, silver +83.7% — but drawdowns of 40%+ tested survival, not just direction.
Read the file →2019 · Forex · US
August 5, 2019: RMB Breaks 7 — the Chain Reaction That Shook EM Forex
August 5, 2019 — the USD/CNY pair crosses 7 for the first time in years, igniting a shockwave across emerging-market currencies and G10 forex. 2019, forex, US and CN.
Read the file →2019 · Forex · CN
August 2019: Renminbi Crosses 7, EM Forex Caught in the Trade-War Crossfire
When the renminbi broke through 7 in August 2019, Indonesia's rupiah and five other ASEAN currencies faced a cascade of spillover pressure — the full 66-day window and its trading lessons.
Read the file →2019 · Property · US
2019: The Great Property Divergence — US Boom vs. China Cooling
July 2019 began two parallel property stories: Phoenix up 55.8%, Shanghai down 48.5% max drawdown. A 30-month divergence across 14 markets.
Read the file →2018 · Property · US
March 2018: The Fed's Rate Hike Cycle and Global Property Markets Under Pressure
The Federal Reserve's March 2018 rate-hike launch tested US and China property markets over 30 months—some cities absorbed rising rates, others buckled.
Read the file →2018 · Commodities · US
Summer 2018: The Commodity Crash — Base Metals, Trade War, and the Emerging Market Stress Test
Copper crashed 16.1%, cocoa 20.3%, coffee 19.9% as US-China trade tensions and EM currency crises reshaped global commodity markets across summer 2018.
Read the file →2018 · Forex · TR
Summer 2018: Trade War and EM Currency Crisis Collide Across 76 FX Replays
Trade-war depreciation of the yuan and the Turkey-Argentina crisis tested global FX in summer 2018 across 76 currency-pair scenarios.
Read the file →2018 · Property · US
2018–2021: The Great Property Divergence — US Resilience vs. Chinese Urban Cooling
Two property universes, one pandemic. US markets climbed while Chinese cities collapsed — a divergence rooted in policy, leverage, and information asymmetry.
Read the file →2017 · Property · US
2017 US-China City Property Boom: Low Volatility, High Discipline
2017–2019 US and China urban property markets delivered steady gains with compressed volatility—a training ground for disciplined decision-making under deceptive calm.
Read the file →2016 · Commodities · US
November 8, 2016: Trump's Election Unleashed Policy-Driven Volatility Across Global Commodities
Trump's November 2016 victory sent commodity markets into a policy-driven turmoil, with ferrous metals and energies especially volatile across 114 trading days through March 2017.
Read the file →2016 · Property · CN
China Property 2016: De-Stocking Surge Meets the Housing Principle Pivot
Surging mortgage credit and escalating home prices met sudden municipal curbs and an overarching policy pivot. Covers China property in 2016.
Read the file →2016 · Property · US
2016: How Two Property Markets Learned the Same Low-Volatility Lesson
China tier-1 and US coastal property surged into sustained low-volatility advances in 2016, proving that quiet markets and safe markets are not the same thing.
Read the file →2016 · Property · US
Summer 2016: Why Identical Macro Conditions Produced 21.4% Gains in Seattle and 9.7% Gains in New York
US city housing entered mid-2016 on a synchronized recovery—but within 30 months, Seattle had surged 21.4% while New York gained only 9.7%. Same index, divergent cities, the same post-crisis decade.
Read the file →2015 · Commodities · US
December 16, 2015: The Fed's Rate Hike and the Global Commodity Rout
When the Federal Reserve raised rates for the first time in seven years, commodity markets felt it immediately. Dollar strength became the fuse for a cross-sector crisis that hit energy hardest.
Read the file →2015 · Forex · US
December 2015: The Federal Reserve Hikes—and Emerging-Market Currencies Fracture
When the Fed finally lifted rates in December 2015, emerging-market forex had already begun fracturing. A forensic look at how policy divergence triggered currency crises across the developing world.
Read the file →2015 · Property · US
2015–2017: When Property Markets Climbed Without Falling
A deep dive into the 2010s property boom, tracing US and China city indices through a 30-month climb with near-zero drawdowns and the training lessons buried inside that calm.
Read the file →2015 · Property · US
2015-12: The Fed's First Post-Crisis Hike and the Calm That Followed in US Property
In December 2015 the Federal Reserve raised rates for the first time in nearly a decade, testing US property markets already in multi-year recovery. The reaction was remarkably muted.
Read the file →2012 · Stocks · US
2012 Global Equity Correction: From Summer Drawdown to Divergent Recovery
Global equities entered summer 2012 with a broad correction, then bifurcated sharply — US and Nordic markets recovered while emerging Asia and Europe diverged through year-end.
Read the file →2011 · Property · US
2011 US Property: The Tentative Recovery That Rewrote City Economies
Spring 2011 — US housing emerged from its worst collapse in decades. Twelve city indices and two national benchmarks entered a fragile rebound that tested every investor's conviction.
Read the file →2010 · Property · US
2010: Two Property Markets, Two Diverging Fates — US Bottoming, China Overheating
US housing emerged from subprime wreckage seeking a floor while China's property boom faced its first major regulatory crackdown — a tale of two markets at opposite phases of the cycle.
Read the file →2009 · Commodities · US
2009 Commodities: Metals Rebound from Crisis Lows
In mid-2009, copper surged 26.4% and silver 39.1% as metals recovery tested every trader's conviction and discipline across 2009.
Read the file →2009 · Stocks · US
2009: The Post-Crisis Recovery — Global Equities Rebound Through Hidden Volatility
How global equity markets climbed from the 2008 abyss in 2009 — and what the gap between headline gains and internal drawdowns revealed for traders who lived through each session.
Read the file →2009 · Property · US
2009 Property Markets: The Great Divergence After the Subprime Crash
Spring 2009 found global property markets at a crossroads—US cities still searching for a bottom after the subprime collapse, while Canada and China embarked on divergent recovery paths.
Read the file →2009 · Commodities · US
2009-11-17: Soft Commodities Diverge — A Post-Crisis Divergence Study
Six commodities, same six months: cotton +19%, sugar -36.5%, orange juice +27.2%. The divergence reveals why disciplined drawdown management matters more than directional calls.
Read the file →2009 · Commodities · US
February 2009: The Global Commodities Rebound — When Risk Assets Surged From Crisis Lows
February 2009: commodities began a broad rebound from crisis lows, with WTI crude soaring 65% and copper gaining 34% — yet the process demanded navigating 13-15% drawdowns.
Read the file →2008 · Stocks · US
2008: The Global Equity Correction and Crash — How Subprime Became a Systemic Crisis
During 2008, global equities corrected then crashed as subprime contagion spread from US housing to banks, commodities, and emerging markets worldwide.
Read the file →2008 · Property · US
2008: The U.S. Housing Collapse — When the Air Came Out of the American Dream
January 2008 found U.S. housing at a precipice. What followed reshaped finance, policy, and the American economy for a generation.
Read the file →2008 · Property · US
August 2008: The U.S. Housing Crash and the Anatomy of a Contagion
The summer of 2008 marked the full eruption of the U.S. subprime crisis as property indices across American cities began a descent that would reshape financial markets globally for years to come.
Read the file →2008 · Property · BG
2008 Property Markets: How Identical Shocks Produced Opposite Outcomes
Six national property indices reveal how the 2008 crisis hit markets differently—China's stimulus versus Bulgaria's 35.6% loss.
Read the file →2007 · Property · US
2007 October: The US Housing Crash and Global Property Crisis — Thirty Months That Rewrote Risk
Oct 2007–Mar 2010: US housing indices fell continuously; Phoenix recorded a 48.4% max drawdown, with contagion spreading to Bulgaria.
Read the file →2006 · Forex · CN
Mid-2006: CNY Revaluation and the G10 Forex Boom — When Direction Deceived
May–Aug 2006: CNY's gradual appreciation reshaped G10 FX flows; AUD/USD, AUD/JPY carry, and EM crosses revealed how micro-direction masked macro volatility.
Read the file →2006 · Commodities · US
October 2006: Platinum, Energy, and the Early Pulse of a Commodity Surge
In October 2006, platinum futures began a 44-session surge that opened a commodities window running through May 2007, testing traders across energy, metals, and grains.
Read the file →2006 · Property · US
February 2006: The US Housing Market Reaches Its Peak
When Phoenix and San Diego began their 33% slide in early 2006, few recognized the structural inflection that would reshape American finance for a decade.
Read the file →2006 · Forex · CN
2006 Spring: Asia Forex Volatility — G10 Crosses in the Post-Boom Window
G10 forex crosses navigated a volatile spring-summer 2006 as Asia currencies absorbed shifting capital flows and commodity cycles. Max drawdowns up to 5.9% in EM pairs.
Read the file →2006 · Property · US
October 2006: US City Housing Indices Peak — The Start of a Property Collapse That Reshaped Global Finance
In October 2006, the US 10-city composite housing index closed at 222.78. Over the next 30 months, it would fall 30.7% as the subprime crisis unfolded.
Read the file →2005 · Property · BG
April 2005: National Eight Articles and the Global Property Market Divide
China's 2005 property tightening set off a decade-long experiment in policy-driven cooling—against a backdrop of eight markets that would diverge wildly as the global credit crisis approached.
Read the file →2005 · Stocks · US
December 8, 2005: ADX Ignition and the New Narrative for Global Equities
On December 8, 2005 the Abu Dhabi Exchange index began a rally that opened a 61-scenario cluster spanning 14 countries and two years of price action.
Read the file →2005 · Stocks · US
2005: Global Uptrend, Regional Divergence — When One Year's Markets Told Three Different Stories
2005 delivered a rare market experiment: global mid-caps climbed while China's indices crashed. Volatility extremes up to 8.4% in a single session tested every assumption about disciplined investing.
Read the file →2005 · Property · US
2005 US Property: Boom, Divergence, and the Seeds of Crisis
US housing in 2005 looked buoyant, but city-level data showed cracks. This 30-month replay window captures a market at a critical turning point.
Read the file →2004 · Commodities · CN
Summer 2004: The Commodity Supercycle's First Stress Test
Eleven commodity replays, one summer. The 2004 boom tested conviction, position sizing, and the gap between directional calls and surviving drawdowns.
Read the file →2004 · Commodities · CN
2004 Commodity Supercycle: When the Supercycle Label Masked a Grains Massacre
In 2004, commodity markets entered a boom that proved deeply uneven—agricultural commodities suffered drawdowns far exceeding their net losses, while energy and precious metals told different stories.
Read the file →2004 · Stocks · US
2004–2005: Reading the World's Markets in Parallel
A year-end 2004 pivot sent markets on sharply divergent paths—China's reform shock, Indonesia's commodity surge, and a mixed global picture that tested every trading style.
Read the file →2004 · Property · US
2004: US Housing Bubble — The Low-Volatility Illusion
17 US housing replays, 2004–2011: low-volatility boom masked fragility; subprime expansion ended in crisis.
Read the file →2003 · Property · US
2003–2005: The Low-Volatility Paradox — How Zero Drawdowns Rewired American Housing Risk
Thirty months of unbroken US housing appreciation, with max drawdowns near zero across thirteen markets, created a risk calculus that unraveled only years later.
Read the file →2002 · Commodities · US
November 14, 2002: Copper Leads a Base Metals Recovery as Commodities Enter a New Cycle
Copper opened at 0.71 on November 14, 2002, kicking off a six-month metals recovery that tested every trader's discipline with drawdowns of 11–16%.
Read the file →2002 · Stocks · US
Late 2002 – Early 2003: Defensive Rotation and the Healthcare ETF Test
Healthcare stocks faced a critical test as markets digested the dot-com wreckage. How did XLV perform as a defensive play during post-crisis recovery?
Read the file →2002 · Property · US
2002–2004: The Smooth Ascent — US Housing's Quietest Boom and Its Invisible Traps
In early 2004, the Fed began raising rates after two years of uninterrupted monthly gains across 13 US and Chinese markets — zero drawdowns masked growing vulnerabilities.
Read the file →2000 · Property · CN
2000: Two Markets, One Policy Era — China Housing Reform and Hungary's EU Decade
China's 1998 housing reform met its first market test in 2000; Hungary's EU-bound boom was just beginning. Two indices, two risk profiles, two lessons.
Read the file →1998 · Property · BG
1998: Three Markets, Three Transitions — Property Markets in China, Bulgaria, and Norway
Three nations launched parallel property experiments in 1998: China's housing commercialization, Bulgaria's post-communist stabilization, and Norway's oil-fueled ascent.
Read the file →