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The Day America Crashed: A Narrative Account of the Great Stock Market Crash of October 24, 1929. New York: G.P. Putnam. ISBN 0399116133. Thomas, Gordon and Morgan-Witts, Max (1979). The Day the Bubble Burst: A Social History of the Wall Street Crash of 1929. Garden City, New York: Doubleday. ISBN 0385143702; Watkins, Tom H. (1993).
I've been in the Library of Congress lately reading financial newspapers from the week of the October, 1929 stock market crash that ultimately crushed the Dow Jones by nearly 90%. Last week, I ...
Economic forecasters throughout 1930 optimistically predicted an economic rebound come 1931, and felt vindicated by a stock market rally in the spring of 1930. [1] The stock market crash in the first few weeks had a limited direct effect on the broader economy, as only 16% of the U.S. population was invested in the market in any form.
The Wall Street Crash of 1929 is often cited as the beginning of the Great Depression. It began on October 24, 1929, and kept going down until March 1933. It was the longest and most devastating stock market crash in the history of the United States. Much of the stock market crash can be attributed to exuberance and false expectations.
The Dow Jones Industrial Average closed at 381.17 points on Sept. 3, 1929. It This is part two of a deep look at the Roaring '20s and the Crash of 1929 -- click here to start with part one.
Front page of Variety, October 30, 1929. Wall Street Lays an Egg was a headline printed in Variety, a newspaper covering Hollywood and the entertainment industry, on October 30, 1929, over an article describing Black Tuesday, the height of the panic known as the Wall Street crash of 1929 (the actual headline text was WALL ST.
Unlike the stock market, which can be highly volatile, commercial real estate provides steady income streams with generally lower volatility and a low correlation to the S&P 500, according to ...
The New York Stock Exchange reopened that day following a nearly four-and-a-half-month closure since July 30, 1914, and the Dow in fact rose 4.4% that day (from 71.42 to 74.56). However, the apparent decline was due to a later 1916 revision of the Dow Jones Industrial Average, which retroactively adjusted the values following the closure but ...