The Stock Market Has Been Predicting Russian Crises Since 1857

Winston Churchill once said that Russia "is a riddle wrapped in a mystery inside and enigma". But not everyone is so baffled by the world's biggest country. The Socionomics Institute released a two part study that examines Russia's past in order to foreshadow to Russia's future.  In the first part of the study, they examined Russia by assessing historical social events in a global context using a lognormal, inflation-adjusted U.S. stock market index from 1859 to 1999. The reason the institute c...