Crisis Archive
Systemic moments when confidence broke faster than liquidity could respond — the replays that stress-test every part of a trading plan at once.
41 archive files
2023 · Commodities · US
2023 February–May: Commodity Markets Caught in the SVB–Credit Suisse Storm
How commodity markets fractured when banking stress met industrial demand fears — 14 scenarios across metals, energy, and precious metals from February to May 2023.
Read the file →2023 · Forex · US
2023-05-09: EM Currency Storm — How Dollar Stratification Rewrote Risk Across 49 Pairs
US debt-ceiling brinkmanship May–Aug 2023 fragmented EM FX into distinct strata, from Nigeria's 66% naira collapse to Albania's measured 5.6% decline. Yen weakness followed.
Read the file →2023 · Forex · US
2023 Spring: 66 Days That Shook Global Forex Through the SVB–Credit Suisse Crisis
From February 6 to May 7, 2023, the USD/CNY cross moved just 2.0% — yet 61 currency pairs endured extreme internal stress as the SVB and Credit Suisse crises reshaped global forex markets.
Read the file →2023 · Forex · US
March–July 2023: When SVB Shook the World — Currency Markets in the Banking Crisis
Silicon Valley Bank's March 2023 collapse triggered a global banking scare that rippled through 97 forex markets, from the Chinese yuan to the Turkish lira.
Read the file →2022 · Forex · US
2022 Autumn: Three Forex Storms — Yen Intervention, UK Mini-Budget, Dollar Peak at 114
USD/JPY reversed after Japan's finance ministry intervened; GBP collapsed on the UK mini-budget crisis; DXY hit 114 in Q4 2022 — all within months.
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 →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 →2018 · Forex · TR
August–November 2018: How Turkey and Argentina Shook the World's Currencies
The 2018 Turkish lira and Argentine peso collapses triggered a cascade through emerging-market FX, with max drawdowns ranging from 1.2% on USD/CNY to 23.0% on EUR/TRY across 66 trading days.
Read the file →2018 · Forex · TR
2018 Spring: The Turkish Lira Crisis and EM Currency Contagion
How a diplomatic spat between Turkey and the US triggered a cascading EM currency crisis across four continents in 66 trading days.
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 →2016 · Commodities · GB
2016 Commodity Crisis: The Divergent Markets After Brexit
From July 2016, commodity markets fractured along sector lines as ferrous surged while precious metals corrected sharply, testing risk discipline across 19 replay scenarios.
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 →2012 · Property · BG
October 2012: Seven National Property Markets Begin a Coordinated Ascent
Seven national property indices began climbing together in October 2012, riding low rates and policy support through a rare sustained bull phase with minimal drawdowns.
Read the file →2012 · Forex · EU
Summer 2012: The Euro Under Pressure — Five Currency Pairs, One Crisis
The summer of 2012 found the euro under severe stress as the European sovereign debt crisis unfolded across the continent, with five major G10 currency pairs diverging sharply.
Read the file →2012 · Forex · EU
July 2012: EUR/CHF Floor and the Divergent Fortunes of G10 Currency Pairs
The SNB's 11-month-old floor against the euro framed a summer of divergent G10 currency moves as the ECB pivoted toward aggressive easing.
Read the file →2011 · Commodities · EU
2011 Summer: The Commodity Rout — US Downgrade, Euro Contagion, and 37 Scenarios of Market Stress
In August 2011, S&P downgraded US sovereign credit for the first time. A six-month commodity rout followed across energy, metals, and agriculture—37 decision scenarios from June to January.
Read the file →2011 · Forex · US
2011 Summer: The US Credit Downgrade and Global Forex Stress Test
August 2011's unprecedented US sovereign credit downgrade sent shockwaves through forex markets, creating a 122-trading-day stress test across emerging and G10 currency pairs from June to December.
Read the file →2010 · Commodities · EU
2010: Double Shock — European Debt Fears and a Russian Wheat Ban Rattled Global Commodities
In spring and summer 2010, two crises collided: EU sovereign debt sent commodities reeling, then a Russian drought and wheat export ban reshaped grain markets.
Read the file →2010 · Forex · EU
August 2010: Euro Under Fire — Five Currency Pairs and the First European Sovereign Debt Stress Test
The euro faced its first systemic test of the decade in summer 2010 as Greek debt concerns rippled across G10 forex markets, producing divergent but interconnected moves in five currency pairs.
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 →2010 · Property · US
October 2010: Divergent Recovery — US Housing Markets Navigate Fragile Post-Crisis Terrain
Sixteen city and national property markets from October 2010 reveal divergent recovery paths after the housing crash — some cities stabilizing, others still falling.
Read the file →2009 · Property · BG
July 2009: Four National Property Replays and the Divergent Paths of Post-Crisis Housing Markets
Four national property replays started July 2009 — Norway gained 29.9%, Hungary 23.0%, the US 14.9%, while Bulgaria fell 10.1% by October 2016.
Read the file →2008 · Forex · US
2008-07-29: The Global Forex Crisis — When Emerging-Market Currencies Met the Liquidity Abyss
Lehman collapse triggered a global dollar scramble that crushed EM currencies across six months. AUD/JPY dropped 41%, USD/UAH surged 16.2% in a single session.
Read the file →2008 · Forex · US
February–July 2008: Bear Stearns and the First Wave of Global FX Stress
How Bear Stearns' March 2008 collapse exposed structural fault lines across 61 currency pairs, creating divergent crises in EM and G10 FX markets.
Read the file →2008 · Commodities · US
2008: The Commodity Supercycle Unravels — When Everything That Rose Together Fell Together
From July 2008 peaks to January 2009 troughs, commodity markets experienced historic synchronized collapse as the global financial system seized up.
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 · Forex · US
July–October 2007: Subprime Tremors Move Through 52 Forex Pairs
When US mortgage stress metastasized into global forex volatility — a 52-pair window revealing how contagion reshaped currency markets.
Read the file →2007 · Forex · US
August–November 2007: Subprime Shock Ripples Through 62 Emerging-Market Currency Pairs
When BNP Paribas froze funds on August 9, 2007, few anticipated the three-month cascade through emerging FX. This archive reconstructs the contagion from USD/UGX to USD/ZAR across 66 trading days.
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 →2007 · Property · CA
2007 Summer: Two Housing Markets, Two Trajectories
In summer 2007, Canadian and US property markets stood at similar valuations—then diverged sharply through the crisis years. How?
Read the file →2007 · Commodities · US
July 2007: Copper's Descent and the Great Commodity Fragmentation
July 2007: copper fell 14.8% as live cattle surged 49.6% and wheat gained 51.2%, revealing commodity markets fragmenting under subprime stress.
Read the file →2006 · Property · CA
2006-07: Two Housing Markets, One Divergence
When two housing markets diverged from the same starting gate in mid-2006—one steadier, one in structural retreat through the post-crisis years.
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
2005: Two Property Markets, One Shock, Divergent Collapse
In 2005, two overheating property markets set the stage for the 2008 crisis. Bulgaria's drawdown reached 45.3%, the UK's 25.8%.
Read the file →1989 · Property · US
1989: When the S&L Crisis Met Two Regional Property Markets
In 1989, the S&L crisis hit regional property markets unevenly—Phoenix fell 3.9% while Minneapolis gained 2.9%, a study in divergent resilience.
Read the file →1989 · Property · US
1989–1991: When the S&L Crisis Met American Property Markets
The Savings and Loan crisis met US property markets in 1989, creating divergent regional outcomes across six city replays spanning 30 months of monthly bars.
Read the file →1987 · Property · US
January 1987: Two Property Crises, One Window, No Single Story
Two crises tagged the same month—US S&L fallout and Norwegian banking strain—yet the property outcomes diverged sharply, testing decision-makers in opposite directions.
Read the file →1985 · Property · CA
1985–1992: Four National Property Markets — Divergent Recovery, Hidden Crises
Four nations, one market type, vastly different trajectories: how aggregate data concealed regional crises and what that means for decision training.
Read the file →1984 · Property · CA
October 1984: Four National Property Markets Enter a Boom — and Diverge Sharply
Four national property indices launched October 1984; divergent trajectories followed through 1992. The lesson: same boom, radically different drawdown experiences.
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