History Hyenas with Chris Distefano and Yannis Pappas cover image

From Belgium to Wall Street: The Dirty Birth of the Stock Market

History Hyenas with Chris Distefano and Yannis Pappas

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Foundations of the Stock Market

This chapter explores the historical origins of the stock market in America, emphasizing Alexander Hamilton's innovative financial strategies post-war, such as introducing bonds to raise funds. It examines the early days of trading at Tontine Coffeehouse and the challenges faced during the chaotic moments leading up to the Panic of 1792. The narrative culminates with the establishment of the New York Stock Exchange through the Buttonwood Agreement, highlighting its transformative impact on the financial landscape and investor confidence.

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