Five anonymised historical charts were dealt to every player. The Monkey Index returned +0.21% across the same tape.
60 desks completed all five charts.
In the spring of 2007, investors were bidding up defensive power utilities alongside the late stages of the pre-crisis bull market, while Dominion was busy selling off its oil and gas fields to focus on the grid. That steady spring climb gave way at the end of May as buyers finally stepped back.
Managed care was consolidating fast across America, with UnitedHealth buying up regional rivals ahead of the new Medicare drug benefit. Wall Street backed the expansion, and buyers kept pressing the trend higher.
Having finally settled its 2008 crisis lawsuits with Washington at the start of the year, Moody's was free to cash in on a global rush to issue cheap corporate debt. The steady spring climb paused for breath this week, with the decade-long legal cloud over the credit gatekeepers now gone.
Spring 2025 tariff whiplash had traders treating old-line US manufacturers as first in the firing line for supply-chain chaos and higher input costs. Even for a global giant selling fasteners and welding gear into almost every factory floor, the relief rally stalled into a nervous stalemate.
Cord-cutting fears around ESPN had been dragging on Disney all autumn, with the company's own streaming pivot still years away. Buyers stepped in right at the bottom of that slide.