The historical market I experienced [Fudou Shutaro]

When an unprecedented major social issue occurs, anxiety about an unpredictable future spreads large market fluctuations, and prices tend to move sharply. So how can one forecast future price movements and profit in such volatile markets? Shinji Fudou Shutaro, a long-time individual investor, says that to predict an opaque market one should refer to historical markets.

Shinji Fudou Shutarou (Fudou Shutarou) Profile

Forex instructor and author. Publishes seminar DVDs and interview CDs through a publisher. Besides giving lectures at financial exchanges, stock exchanges, FX brokers, and investment trust companies, he also writes for magazines and teaches FX and stock market schools.

Official site：Shinji Fudou Shutarou's “Behind News Reporting”
twitter：https://twitter.com/syutaro_fudo

Referencing Past Markets

As of March 23, when writing this article, the spread of the novel coronavirus continues worldwide, and stock prices are fluctuating wildly due to restrictions on international travel and domestic movement. I started investing in stocks before the bubble era, so I have experienced markets that were highly volatile in events such as the Asian financial crisis, Middle East conflicts, the Lehman Brothers collapse, and the Great East Japan Earthquake, where both stock and currency markets were turbulent.

Of course, the financial crisis symbolized by the collapse of the giant investment bank Lehman Brothers and the global recession, and the current stock price crashes caused by the pandemic are completely different. Still, they share a common point: events with no precedent can trigger significant impacts on the world economy. Therefore, the price movements of foreign exchange in those periods should be useful for forecasting future markets. This time, let's look back at the markets around the Lehman Shock.