The Shemitah Year and the Stock Market

Once again we have a Stock Market crash in a Shemitah year.  If you're interested to look back at the previous Shmitah years, here is a list of them:

1901-1902 Year of Shemitah – Stock market drops almost 50%. 

1916-1917 Year of Shemitah – Stock market drops 40%. United States enters WWI. Germany, Russia, Austria, Turkey and Great Britain suffer economic collapse. 

1930-1931 Year of Shemitah – The Great Depression. The worst financial crisis in modern history.

1937-1938 Year of Shemitah – Half of the stock market collapses sparking a global recession. 

1944-1945 Year of Shemitah – End of German Reich and Britain’s hold on territories. Establishment of America as the world’s superpower. Bretton Woods Conference giving the U.S. Dollar Global Reserve Currency status; and diminishing of gold’s influence. 

1965-1966 Year of Shemitah (*Super Shemitah Year) – US Stock market drops almost 25% 

1972-1973 Year of Shemitah – US Stock market crashes almost 46%. Global recession; US oil crisis.

1979-1980 Year of Shemitah – Global recession. 

1986-1987 Year of Shemitah – “Black Tuesday”; US stock market crashes by 33%.The biggest Wall Street crash of 1987.

1993-1994 Year of Shemitah – Bond market crash. 

2000-2001 Year of Shemitah – The 911 terror attack happened a day after Shemitah in 2001, September 17; stock market falls 700 points. 37% US Stock Market Crash and Global Recession. Dot Com Bust. Indian Market also crashed. 

2007-2008 Year of Shemitah – On the last day of The Shemitah Year, September 29, the stock market drops a record 777 points. Lehman Brothers filed for bankruptcy. 50% of US Stock Market Indian Stock Market Crashed. 

2014-2015 Year of Shemitah – Chinese Market crash by 50% Monday, Aug. 24, 2015. The S&P 500 opened at 1965.15 and within minutes fell to a low of 1867.01, a 5% decline.  India Market crashed 6% in Single trading session. Greek/EU bailout.

[Source for List of Years: Bramesh Tech Analysis]