Ahmed, a Palestinian boy was playing outside his home in the town of Jenin in the West Bank. Nearby there was skirmish between the Israeli and Palestinian forces. The Israeli troops mistook the 12 year old boy for a suspected gunman. The child held in his hand a plastic toy gun with an imitation telescopic sight.

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Disasters, wars, terrorism, and assassinations take their toll on money markets. Before the London Subway multiple bombings, there was the Madrid bombing. Prior to that there was September 11, 2001. Eighty years earlier, attackers on horse and wagon parked near the office of JP Morgan on Wall Street (New York City) and detonated a bomb. Dozens were killed and hundreds were injured. Major world events affect the money markets. Confidence either rises or falls.

Here is a limited sampling of a few major events over the past 90 years:

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