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Wall Street Crash of 1929

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1064:(Owensboro, Kentucky). September 8, 1929. p. 2. "I repeat what I said at this time last year, and the year before, that sooner or later a crash is coming which will take the leading stocks and cause a decline of from sixty to eighty points in the Dow-Jones Barometer. Fair weather cannot always continue. The economic cycle is in progress today, as it was in the past. The Federal Reserve System has put the banks in a strong position, but it has not changed human nature. More people are borrowing and speculating today than ever in our history. Wise are those investors who now get out of debt and reef their sails. This does not mean selling all you have but it does mean paying up your loans and avoiding margin speculation." 208: 494: 126: 661:, which the government had instituted in 1931 to limit the amount of unemployment payments made to individuals and families. For working people, the means test seemed an intrusive and insensitive way to deal with the chronic and relentless deprivation caused by the economic crisis. The strikes were met forcefully, with police breaking up protests, arresting demonstrators, and charging them with crimes related to the violation of public order. 4145: 561: 51: 4133: 601: 307:" hit Wall Street as investors traded some 16 million shares on the New York Stock Exchange in a single day. Around $ 14 billion of stock value was lost, wiping out thousands of investors. The panic selling reached its peak with some stocks having no buyers at any price. The Dow lost an additional 30.57 points, or 11.73%, for a total drop of 68.90 points, or 23.05% in two days. 649:, the world noticed immediately. Although financial leaders in the United Kingdom, as in the United States, vastly underestimated the extent of the crisis that ensued, it soon became clear that the world's economies were more interconnected than ever. The effects of the disruption to the global system of financing, trade, and production and the subsequent meltdown of the 2395: 4157: 277: 597:
crash sparked the Great Depression or if it merely coincided with bursting a loose credit-inspired economic bubble. Only 16% of American households were invested in the stock market within the United States during the period leading up to this depression, suggesting that the crash carried somewhat less weight in causing it.
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At the turn of the 20th-century stock market speculation was restricted to professionals, but the 1920s saw millions of 'ordinary Americans' investing in the New York Stock Exchange. By August 1929, brokers had lent small investors more than two-thirds of the face value of the stocks they were buying
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Good harvests had built up a mass of 250 million bushels of wheat to be "carried over" when 1929 opened. By May there was also a winter wheat crop of 560 million bushels ready for harvest in the Mississippi Valley. The oversupply caused such a drop in wheat prices that the net incomes of farmers from
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The resultant rise of mass unemployment is seen as a result of the crash, although the crash is by no means the sole event that contributed to the depression. The Wall Street Crash is usually seen as having the greatest impact on the events that followed and therefore is widely regarded as signaling
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After a one-day recovery on October 30, when the Dow regained 28.40 points, or 12.34%, to close at 258.47, the market continued to fall, arriving at an interim bottom on November 13, 1929, with the Dow closing at 198.60. The market then recovered for several months, starting on November 14, with the
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Despite all the economic warning signs and the market breaks in March and May 1929, stocks resumed their advance in June, and the gains continued almost unabated until early September 1929 (the Dow Jones average gained more than 20% between June and September). The market had been on a nine-year run
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also cautioned that some bank failures were also to be expected and some banks may not have had any reserves left for financing commercial and industrial enterprises. It concluded that the position of the banks was the key to the situation, but what was going to happen could not have been foreseen.
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argued in a 1998 article that the Depression did not start with the stock market crash, nor was it clear at the time of the crash that a depression was starting. They asked, "Can a very serious Stock Exchange collapse produce a serious setback to industry when industrial production is for the most
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Together, the 1929 stock market crash and the Great Depression formed the largest financial crisis of the 20th century. The panic of October 1929 has come to serve as a symbol of the economic contraction that gripped the world during the next decade. The falls in share prices on October 24 and 29,
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We are reaping the natural fruit of the orgy of speculation in which millions of people have indulged. It was inevitable, because of the tremendous increase in the number of stockholders in recent years, that the number of sellers would be greater than ever when the boom ended and selling took the
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increase, in the first six months of 1929, of 36.6% over 1928, itself a record half-year. Iron and steel led the way with doubled gains. Such figures set up a crescendo of stock-exchange speculation that led hundreds of thousands of Americans to invest heavily in the stock market. Many people were
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boom that had taken hold in the late 1920s. During the latter half of the 1920s, steel production, building construction, retail turnover, automobiles registered, and even railway receipts advanced from record to record. The combined net profits of 536 manufacturing and trading companies showed an
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Beginning on March 15, 1933, and continuing through the rest of the 1930s, the Dow began to slowly regain the ground it had lost. The largest percentage increases of the Dow Jones occurred during the early and mid-1930s. In late 1937, there was a sharp dip in the stock market, but prices held well
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that "a crash is coming, and it may be terrific". The initial September decline was thus called the "Babson Break" in the press. That was the start of the Great Crash, but until the severe phase of the crash in October, many investors regarded the September "Babson Break" as a "healthy correction"
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However, the psychological effects of the crash reverberated across the nation as businesses became aware of the difficulties in securing capital market investments for new projects and expansions. Business uncertainty naturally affects job security for employees, and as the American worker (the
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effectively present, which, if it had existed and been properly exercised, would have been key in shortening the business slowdown that normally follows financial crises. The crash instigated widespread and long-lasting consequences for the United States. Historians still debate whether the 1929
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The Wall Street Crash had a major impact on the U.S. and world economy, and it has been the source of intense academic historical, economic, and political debate from its aftermath until the present day. Some people believed that abuses by utility holding companies contributed to the Wall Street
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Other important economic barometers were also slowing or even falling by mid-1929, including car sales, house sales, and steel production. The falling commodity and industrial production may have dented even American self-confidence, and the stock market peaked on September 3 at 381.17 just
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arrived on time. In June 1929, the position was saved by a severe drought in the Dakotas and the Canadian West, as well as unfavorable seed times in Argentina and eastern Australia. The oversupply was now wanted to fill the gaps in the 1929 world wheat production. From 97¢ per bushel in May, the
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In August, the wheat price fell when France and Italy were bragging about a magnificent harvest, and the situation in Australia improved. That sent a shiver through Wall Street and stock prices quickly dropped, but word of cheap stocks brought a fresh rush of "stags" (amateur speculators) and
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and many of his associates were jailed for fraud and forgery, leading to the suspension of his companies. This may have weakened the confidence of Americans in their own companies, although it had minimal impact on the London Stock Exchange. In the days leading up to the crash, the market was
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the downward economic slide that initiated the Great Depression. True or not, the consequences were dire for almost everybody. Most academic experts agree on one aspect of the crash: It wiped out billions of dollars of wealth in one day, and this immediately depressed consumer buying.
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to buy more stocks. By August 1929, brokers were routinely lending small investors more than two-thirds of the face value of the stocks that they were buying. Over $ 8.5 billion was out on loan, more than the entire amount of currency circulating in the United States at the time.
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that led to the crash, was a time of wealth and excess. Building on post-war optimism, rural Americans migrated to the cities in vast numbers throughout the decade with hopes of finding a more prosperous life in the ever-growing expansion of America's industrial sector.
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rally) of 294.07 on April 17, 1930. The Dow then embarked on another, much longer, steady slide from April 1930 to July 8, 1932, when it closed at 41.22, its lowest level of the 20th century, concluding an 89.2% loss for the index in less than three years.
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According to the Federal Reserve Bank of St. Louis Economic Data website, based on a monthly time series 1929 September – 1932 June, the Dow Jones Industrial Average lost 87.1% while the Cowles Commission and S&P's all stock index lost 85.0%:
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declined from 20 to 8 percent. However, the American economy showed ominous signs of trouble. Steel production declined, construction was sluggish, automobile sales went down, and consumers were building up large debts because of easy credit.
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and other financial giants to buy large quantities of stocks to demonstrate to the public their confidence in the market, but their efforts failed to stop the large decline in prices. The massive volume of stocks traded that day made the
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issued his prescient "market crash" forecast. By the end of September, the market had dropped 10% from the peak (the "Babson Break"). Selling intensified in early and mid-October, with sharp down days punctuated by a few up days.
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part in a healthy and balanced condition?" They argued that there must be some setback, but there was not yet sufficient evidence to prove that it would be long or would necessarily produce a general industrial depression.
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In 1930 and 1931, in particular, unemployed workers went on strike, demonstrated in public, and otherwise took direct action to call public attention to their plight. Within the UK, protests often focused on the so-called
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In 1930, 1,352 banks held more than $ 853 million in deposits; in 1931, one year later, 2,294 banks failed with nearly $ 1.7 billion in deposits. Many businesses failed (28,285 failures and a daily rate of 133 in 1931).
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The failure set off a worldwide run on US gold deposits (i.e., the dollar) and forced the Federal Reserve to raise interest rates into the slump. Some 4,000 banks and other lenders ultimately failed. Also, the
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Afterwards, stock markets around the world instituted measures to suspend trading in the event of rapid declines, claiming that the measures would prevent such panic sales. However, the one-day crash of
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wheat were threatened with extinction. Stock markets are always sensitive to the future state of commodity markets, and the slump in Wall Street that had been predicted for May by
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investors. Congress voted for a $ 100 million relief package for the farmers on the hope of stabilizing wheat prices, but by October, the price had fallen to $ 1.31 per bushel.
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of massive proportion started the week of October 21 and intensified and culminated on October 24, October 28, and especially October 29 ("Black Tuesday").
490:'s "Blue Ridge trust" and "Shenandoah Trust", which crashed in 1929 as well, resulting in losses to banks of $ 475 billion in 2010 dollars ($ 663.68 billion in 2023). 157:
warned of excessive speculation, a small crash occurred as investors started to sell stocks at a rapid pace, exposing the market's shaky foundation. Two days later, banker
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difficulties, including contraction of credit, business closures, firing of workers, bank failures, decline of the money supply, and other economically depressing events.
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Crash of 1929 and the Great Depression that followed. Many people blamed the crash on commercial banks that were too eager to put deposits at risk on the stock market.
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price of wheat rose to $ 1.49 in July. When it was seen that figure would make American farmers get more for their crop that year than in 1928, stocks went up again.
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Scholars believe that declines in the money supply caused by Federal Reserve decisions had a severely contractionary effect on output. Despite the inherent risk of
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The rising share prices encouraged more people to invest on the hope that share prices would rise further. Speculation thus fueled further rises and created an
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when taking into consideration the full extent and duration of its aftereffects. The Great Crash is mostly associated with October 24, 1929, called
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famously proclaimed "Stock prices have reached what looks like a permanently high plateau". The optimism and the financial gains of the great
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There is a debate among economists and historians as to what role the crash played in subsequent economic, social, and political events.
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in brokerage offices around the nation was hours late, and so investors had no idea what most stocks were trading for. Several leading
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and the subsequent catastrophic collapse of the NYSE in late 1929 is often highlighted in explanations of the causes of the worldwide
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consumer) faced uncertainty with regard to income, naturally the propensity to consume declined. The decline in stock prices caused
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and succeeded in halting the slide. The Dow Jones Industrial Average recovered, closing down only 6.38 points (2.09%) for the day.
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above the 1932 lows. The Dow Jones did not return to its peak close of September 3, 1929, for 25 years, until November 23, 1954.
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decided to get out of the market, and the slide continued with a record loss in the Dow for the day of 38.33 points, or 12.82%.
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severely unstable. Periods of selling and high volumes were interspersed with brief periods of rising prices and recovery.
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at $ 205 per share, a price well above the current market. As traders watched, Whitney then placed similar bids on other "
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The most savage bear market of all time was the Wall Street Crash of 1929–1932, in which share prices fell by 89 percent.
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The stock market crash of October 1929 led directly to the Great Depression in Europe. When stocks plummeted on the
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Salsman, Richard M. "The Cause and Consequences of the Great Depression, Part 1: What Made the Roaring '20s Roar",
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increase in value tenfold, peaking at 381.17 on September 3, 1929. Shortly before the crash, economist
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With the bankers' financial resources behind him, Whitney placed a bid to purchase 25,000 shares of
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The Day America Crashed: A Narrative Account of the Great Stock Market Crash of October 24, 1929
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The Day America Crashed: A Narrative Account of the Great Stock Market Crash of October 24, 1929
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met to find a solution to the panic and chaos on the trading floor. The meeting included
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was 32.6 in September 1929, clearly above historical norms. According to the economist
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on Wall Street from just before the crash in 1929 to 1932 when the price bottomed out
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Dow gaining 18.59 points to close at 217.28, and reaching a secondary closing peak (
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to study the causes of the crash. The following year, the U.S. Congress passed the
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were shaken after a well-publicized September 8 prediction from financial expert
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Dow Jones Industrial Average on Black Monday and Black Tuesday
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1929 were practically instantaneous in all financial markets, except Japan.
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that occurred in late 1929. It began in September, when share prices on the
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The Day the Bubble Burst: A Social History of the Wall Street Crash of 1929
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The Causes of the 1929 Stock Market Crash: A Speculative Orgy or a New Era?
37:"Black Tuesday" and "Wall Street Crash" redirect here. For other uses, see 4132: 2394: 1929:. Sydney, NSW: National Library of Australia. October 30, 1929. p. 17 1901:. Sydney, NSW: National Library of Australia. October 26, 1929. p. 17 17: 2676: 2604: 1481: 565: 251: 1383:"Dow Jones Industrial Average All-Time Largest One Day Gains and Losses" 837:"Worst Stock Crash Stemmed by Banks; 12,894,650 Share Day Swaps Market" 605: 939:"Great Depression - Causes of the Great Depression | Britannica" 231: 1675: 276: 2633: 2417: 2274:
The 1929 crash of the New York stock exchange as a liquidity crisis
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William E. Leuchtenburg; William Edward Leuchtenburg (June 2008).
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List of largest daily changes in the Dow Jones Industrial Average
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to a halt. As tentatively expressed by economic historian
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Once in Golconda: A True Drama of Wall Street 1920–1938
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It was the most devastating stock market crash in the
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Post-Napoleonic Irish grain price and land use shocks
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The Great Depression and New Deal: Documents Decoded
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Selling intensified in mid-October. On October 24, "
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New York: G.P. Putnam. Retrieved November 27, 2020
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October 22, 2017 409:, which take deposits and extend 4155: 4143: 4131: 2924:Amsterdam banking crisis of 1763 2393: 2300:Rainbow's End: The Crash of 1929 1026:Galbraith, John Kenneth (1997). 812:"The Stock Market Crash of 1929" 719:Criticism of the Federal Reserve 286:New York Stock Exchange Building 161:announced that his company, the 4183:1929 in international relations 3649:2007 Chinese stock bubble crash 2975:Danish state bankruptcy of 1813 2272:Cadorel, Jean‐Laurent (2024). " 2133:"Funds want 'uptick' rule back" 1697:Kemmerer, Edwin Walter (1932). 405:mandating a separation between 4030:Chinese property sector crisis 3938:2015–2016 stock market selloff 3866:August 2011 stock markets fall 3777:2008–2011 Irish banking crisis 3474:1990s Swedish financial crisis 3223:Weimar Republic hyperinflation 2316:. New York: Harper & Row. 2312:Klingaman, William K. (1989). 2292:, no. 2 (Spring 2015): 145–146 2262:. New York: Harper & Row. 2229:The Stock Market Crash of 1929 2018:"Crashes, Bangs & Wallops" 1893:"Wild Selling. New York Panic" 1641:"Crashes, Bangs & Wallops" 714:Causes of the Great Depression 556:Causes of the Great Depression 443:Black Monday of March 16, 2020 252:National City Bank of New York 39:Black Tuesday (disambiguation) 1: 4103:List of sovereign debt crises 4045:2022 Russian financial crisis 3742:2008 Latvian financial crisis 3735:U.S. bear market of 2007–2009 3613:Stock market downturn of 2002 3554:1998 Russian financial crisis 3407:1983 Israel bank stock crisis 2237:"The 1929 Stock Market Crash" 1703:. Books for Libraries Press. 1626:National Library of Australia 1550:Reed, Eric (April 18, 2019). 1434:Federal Reserve Economic Data 1416:Federal Reserve Economic Data 1074:Carlson, Benny (March 2023). 993:Teach, Edward (May 1, 2007). 568:early in the Great Depression 3805:Greek government-debt crisis 3642:2004 Argentine energy crisis 3599:2001 Turkish economic crisis 3488:1990s Armenian energy crisis 3481:1990s Finnish banking crisis 3342:1976 British currency crisis 3312:1973–1974 stock market crash 2239:. In Whaples, Robert (ed.). 1792:. Boston: Houghton Mifflin. 1762:Doug Short (April 3, 2013). 1677:New York: A Documentary Film 1608:"Broad Facts of, USA Crisis" 995:"The Bright Side of Bubbles" 176:Dow Jones Industrial Average 131:Dow Jones Industrial Average 99:history of the United States 3961:2017 Sri Lankan fuel crisis 3627:2003 Myanmar banking crisis 3620:2002 Uruguay banking crisis 3540:1997 Asian financial crisis 3467:1991 Indian economic crisis 3459:Rhode Island banking crisis 3429:Cameroonian economic crisis 3215:Early Soviet hyperinflation 2828:Crisis of the Third Century 2335:American Decades: 1920–1929 2278:The Economic History Review 1465:, November 24, 1954, p. 12. 1113:Harold Bierman Jr. (1998). 584:The 1929 crash brought the 314:joined with members of the 27:American stock market crash 4234: 3992:Sri Lankan economic crisis 3850:Energy crisis in Venezuela 3829:2009 Dubai debt standstill 3679:2007–2008 financial crisis 3334:Latin American debt crisis 3097:Paris Bourse crash of 1882 2040:, Retrieved March 17, 2010 1737:Princeton University Press 1683:February 20, 2011, at the 553: 36: 29: 4083: 4060:2022 stock market decline 4052:Pakistani economic crisis 4038:2021–2023 inflation surge 3984:Lebanese liquidity crisis 3953:Venezuelan hyperinflation 3945:Brexit stock market crash 3894:Venezuela economic crisis 3656:Zimbabwean hyperinflation 3239:Wall Street Crash of 1929 3079:2nd Industrial Revolution 2913:1st Industrial Revolution 2671: 2613: 2468:Wall Street Crash of 1929 2400:Wall Street Crash of 1929 2347:. New York: G.P. Putnam. 2333:Pendergast, Tom ( 2003). 2286:. "1929: New York City". 1926:The Sydney Morning Herald 1898:The Sydney Morning Herald 1362:The Intellectual Activist 1092:10.1017/S1053837221000572 296:", more investors facing 64:Wall Street Crash of 1929 4178:1929 in economic history 3721:Subprime mortgage crisis 3384:Brazilian hyperinflation 3356:Brazilian hyperinflation 3193:Financial crisis of 1914 2901:Mississippi bubble crash 2379:Watkins, Tom H. (1993). 2235:Bierman, Harold (2008). 2227:Axon, Gordon V. (1974). 785:. London. Archived from 604:Unemployed men march in 592:, in 1929, there was no 501:predicted the May slump. 480:S&P Composite stocks 421:, issue, and distribute 191:and buying opportunity. 141:", the decade following 30:Not to be confused with 4096:List of economic crises 4014:2020 stock market crash 4007:Financial market impact 3976:Turkish economic crisis 3591:9/11 stock market crash 3547:October 1997 mini-crash 3518:1994 bond market crisis 3510:Yugoslav hyperinflation 3421:Savings and loan crisis 3022:European potato failure 2473:Smoot-Hawley Tariff Act 2284:Galbraith, John Kenneth 1784:Galbraith, John Kenneth 1388:The Wall Street Journal 1237:The Wall Street Journal 1062:The Owensboro Messenger 873:The Way the World Works 647:New York Stock Exchange 590:Charles P. Kindleberger 476:price to earnings ratio 397:was established by the 84:New York Stock Exchange 78:, was a major American 4138:Business and economics 4089:List of banking crises 3858:Syrian economic crisis 3791:Blue Monday Crash 2009 3400:Chilean crisis of 1982 3231:Shōwa financial crisis 3037:Highland Potato Famine 2893:South Sea bubble crash 2684:Commodity price shocks 2488:Recession of 1937–1938 1583:Digital History Reader 1447:"DJIA 1929 to Present" 1282:. NYSE. Archived from 609: 569: 542: 502: 497:The British economist 484:John Kenneth Galbraith 303:On October 29, 1929, " 289: 216: 134: 59: 4213:September 1929 events 4188:1929 in New York City 3414:Black Saturday (1983) 3268:Kennedy Slide of 1962 2840:Commercial revolution 2326:Leone, Bruno (1994). 2052:National Public Radio 1789:The Great Crash, 1929 1342:on September 23, 2008 1239:. September 16, 2008. 1029:The Great Crash, 1929 1007:on September 22, 2008 974:on September 23, 2008 603: 594:lender of last resort 563: 554:Further information: 535:, said at the time: 496: 453:The crash followed a 279: 210: 128: 111:London Stock Exchange 53: 4208:Stock market crashes 3968:Ghana banking crisis 3798:European debt crisis 3583:Dot-com bubble crash 3495:Cuban Special Period 2954:Copper Panic of 1789 2859:The Great Debasement 2851:Great Bullion Famine 2402:at Wikimedia Commons 2213:The Washington Times 2181:(September 17, 1998) 2095:The Great Depression 1985:The Washington Times 1606:(November 1, 1929). 1505:on February 25, 2019 1190:The Great Depression 876:. Gateway Editions. 66:, also known as the 58:after the 1929 crash 4218:October 1929 events 3924:2015 Nepal blockade 3634:2000s energy crisis 3532:Mexican peso crisis 3437:Black Monday (1987) 3297:1970s energy crisis 3257:Post–WWII expansion 2931:Bengal bubble crash 2726:Financial contagion 2412:American Experience 2241:EH.Net Encyclopedia 2200:(November 23, 1929) 1372:, June 2004, p. 16. 1332:"The Crash of 1929" 919:on November 5, 2013 328: 248:Chase National Bank 159:Charles E. Mitchell 54:Crowd gathering on 3186:Panic of 1910–1911 3030:Great Irish Famine 2968:Panic of 1796–1797 2807:Stock market crash 2289:Lapham's Quarterly 2082:The New York Times 2002:The New York Times 1743:on January 1, 2007 1653:on October 3, 2008 841:The New York Times 610: 570: 503: 403:Glass–Steagall Act 326: 316:Rockefeller family 290: 217: 163:National City Bank 135: 80:stock market crash 60: 4119: 4118: 4000:COVID-19 pandemic 2885:Tulip mania crash 2876:Kipper und Wipper 2853:(c. 1400–c. 1500) 2631: 2630: 2407:The Crash of 1929 2398:Media related to 2363:Morgan-Witts, Max 1850:978-1-61069-535-0 1809:(April 5, 2010). 1188:Robert Goldston, 761:978-0-8050-6958-7 724:Great Contraction 395:Pecora Commission 373: 372: 312:William C. Durant 238:, acting head of 16:(Redirected from 4225: 4203:Roaring Twenties 4193:Economic bubbles 4160: 4159: 4158: 4148: 4147: 4146: 4136: 4135: 4127: 4112: 4105: 4098: 4091: 4076: 4069: 4062: 4055: 4047: 4040: 4033: 4023: 4016: 4009: 4002: 3995: 3987: 3979: 3971: 3963: 3956: 3948: 3940: 3933: 3926: 3919: 3912: 3904: 3897: 3889: 3882: 3875: 3868: 3861: 3853: 3845: 3838: 3831: 3807: 3800: 3793: 3786: 3779: 3772: 3765: 3758: 3751: 3744: 3737: 3730: 3723: 3716: 3709: 3702: 3695: 3688: 3681: 3659: 3651: 3644: 3637: 3629: 3622: 3615: 3608: 3601: 3594: 3586: 3578: 3570: 3563: 3556: 3549: 3542: 3535: 3527: 3520: 3513: 3505: 3498: 3490: 3483: 3476: 3469: 3462: 3454: 3446: 3439: 3432: 3424: 3416: 3409: 3402: 3395: 3387: 3373:Great Regression 3368:Great Moderation 3359: 3351: 3344: 3337: 3329: 3321: 3314: 3307: 3300: 3277: 3270: 3248: 3241: 3234: 3226: 3218: 3195: 3188: 3181: 3173: 3166: 3159: 3152: 3144: 3137: 3130: 3122: 3114: 3106: 3099: 3092: 3070: 3062: 3055: 3048: 3039: 3032: 3025: 3006: 2999: 2992: 2985: 2977: 2970: 2963: 2956: 2949: 2941: 2934: 2926: 2904: 2896: 2888: 2880: 2870: 2862: 2854: 2831: 2809: 2802: 2795: 2786: 2779: 2772: 2765: 2758: 2756:Liquidity crisis 2751: 2744: 2735: 2733:Social contagion 2728: 2721: 2714: 2707: 2700: 2693: 2686: 2679: 2665:Financial crises 2658: 2651: 2644: 2635: 2483:Effect in cities 2449:Great Depression 2442: 2435: 2428: 2419: 2397: 2252: 2250: 2248: 2215: 2207: 2201: 2191: 2182: 2172: 2166: 2165: 2163: 2161: 2147: 2138: 2130: 2124: 2116: 2110: 2109: 2090: 2084: 2076: 2067: 2059: 2053: 2047: 2041: 2029: 2023: 2015: 2006: 2005: 1993: 1987: 1978: 1972: 1971: 1945: 1939: 1938: 1936: 1934: 1917: 1911: 1910: 1908: 1906: 1889: 1883: 1882: 1880: 1878: 1870:The Courier-Mail 1861: 1855: 1854: 1834: 1828: 1827: 1825: 1823: 1803: 1780: 1774: 1773: 1769:Business Insider 1759: 1753: 1752: 1750: 1748: 1739:. 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Archived from 960: 943: 942: 935: 929: 928: 926: 924: 908: 902: 900:The Sunday Times 894: 888: 887: 864: 858: 833: 827: 826: 824: 822: 808: 802: 801: 796: 794: 772: 766: 765: 745: 651:American economy 586:Roaring Twenties 540:place of buying. 533:Albert H. Wiggin 508:Sir George Paish 499:Sir George Paish 415:investment banks 407:commercial banks 360:October 29, 1929 346:October 28, 1929 329: 292:On October 28, " 236:Thomas W. Lamont 139:Roaring Twenties 115:Great Depression 92:Great Depression 32:Blackout Tuesday 21: 4233: 4232: 4228: 4227: 4226: 4224: 4223: 4222: 4168: 4167: 4166: 4156: 4154: 4144: 4142: 4130: 4122: 4120: 4115: 4108: 4101: 4094: 4087: 4079: 4072: 4065: 4058: 4050: 4043: 4036: 4028: 4019: 4012: 4005: 3998: 3990: 3982: 3974: 3966: 3959: 3951: 3943: 3936: 3929: 3922: 3915: 3907: 3900: 3892: 3885: 3878: 3871: 3864: 3856: 3848: 3841: 3834: 3827: 3820: 3818:Information Age 3812: 3803: 3796: 3789: 3782: 3775: 3768: 3761: 3754: 3747: 3740: 3733: 3726: 3719: 3712: 3705: 3698: 3691: 3684: 3677: 3670: 3668:Great Recession 3662: 3654: 3647: 3640: 3632: 3625: 3618: 3611: 3604: 3597: 3589: 3581: 3573: 3566: 3559: 3552: 3545: 3538: 3530: 3523: 3516: 3508: 3501: 3493: 3486: 3479: 3472: 3465: 3457: 3449: 3442: 3435: 3427: 3419: 3412: 3405: 3398: 3390: 3382: 3375: 3371: 3362: 3354: 3349:1979 oil crisis 3347: 3340: 3332: 3324: 3317: 3310: 3305:1973 oil crisis 3303: 3295: 3288: 3286:Great Inflation 3280: 3273: 3266: 3259: 3251: 3244: 3237: 3229: 3221: 3213: 3206: 3204:Interwar period 3198: 3191: 3184: 3176: 3169: 3162: 3155: 3147: 3140: 3133: 3125: 3117: 3109: 3102: 3095: 3088: 3081: 3073: 3065: 3058: 3051: 3044: 3035: 3028: 3020: 3009: 3002: 2995: 2988: 2980: 2973: 2966: 2959: 2952: 2944: 2937: 2929: 2922: 2915: 2907: 2899: 2891: 2883: 2873: 2865: 2857: 2849: 2842: 2834: 2826: 2812: 2805: 2798: 2791: 2782: 2775: 2768: 2761: 2754: 2747: 2740: 2731: 2724: 2717: 2710: 2705:Currency crisis 2703: 2696: 2689: 2682: 2675: 2667: 2662: 2632: 2627: 2609: 2588: 2497: 2451: 2446: 2390: 2246: 2244: 2234: 2224: 2222:Further reading 2219: 2218: 2210:"Panic control" 2208: 2204: 2192: 2185: 2173: 2169: 2159: 2157: 2149: 2148: 2141: 2136:Financial Times 2131: 2127: 2122:Financial Times 2117: 2113: 2106: 2092: 2091: 2087: 2077: 2070: 2060: 2056: 2048: 2044: 2030: 2026: 2021:Financial Times 2016: 2009: 1995: 1994: 1990: 1979: 1975: 1960: 1947: 1946: 1942: 1932: 1930: 1919: 1918: 1914: 1904: 1902: 1891: 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830: 820: 818: 810: 809: 805: 792: 790: 789:on May 25, 2010 774: 773: 769: 762: 747: 746: 742: 737: 710: 688:Milton Friedman 667: 665:Academic debate 643: 558: 552: 547: 468:economic bubble 460:borrowing money 451: 391: 310:On October 29, 256:Richard Whitney 205: 155:Federal Reserve 123: 46: 35: 28: 23: 22: 15: 12: 11: 5: 4231: 4229: 4221: 4220: 4215: 4210: 4205: 4200: 4195: 4190: 4185: 4180: 4170: 4169: 4165: 4164: 4152: 4140: 4117: 4116: 4114: 4113: 4106: 4099: 4092: 4084: 4081: 4080: 4078: 4077: 4070: 4063: 4056: 4054:(2022–present) 4048: 4041: 4034: 4032:(2020–present) 4026: 4025: 4024: 4017: 4010: 3996: 3994:(2019–present) 3988: 3986:(2019–present) 3980: 3978:(2018–present) 3972: 3964: 3957: 3949: 3941: 3934: 3927: 3920: 3913: 3905: 3898: 3896:(2013–present) 3890: 3883: 3876: 3869: 3862: 3860:(2011–present) 3854: 3852:(2010–present) 3846: 3839: 3832: 3824: 3822: 3821:(2009–present) 3814: 3813: 3811: 3810: 3809: 3808: 3801: 3794: 3787: 3780: 3773: 3766: 3759: 3752: 3745: 3738: 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2811: 2810: 2803: 2796: 2789: 2788: 2787: 2780: 2773: 2766: 2752: 2749:Hyperinflation 2745: 2738: 2737: 2736: 2722: 2715: 2708: 2701: 2694: 2687: 2680: 2672: 2669: 2668: 2663: 2661: 2660: 2653: 2646: 2638: 2629: 2628: 2626: 2625: 2620: 2614: 2611: 2610: 2608: 2607: 2602: 2596: 2594: 2590: 2589: 2587: 2586: 2581: 2579:United Kingdom 2576: 2571: 2566: 2561: 2556: 2551: 2546: 2541: 2536: 2531: 2526: 2521: 2516: 2511: 2505: 2503: 2499: 2498: 2496: 2495: 2490: 2485: 2480: 2475: 2470: 2465: 2459: 2457: 2453: 2452: 2447: 2445: 2444: 2437: 2430: 2422: 2416: 2415: 2403: 2389: 2388:External links 2386: 2385: 2384: 2377: 2359:Thomas, Gordon 2356: 2341:Shachtman, Tom 2338: 2331: 2324: 2310: 2293: 2281: 2270: 2253: 2232: 2223: 2220: 2217: 2216: 2202: 2183: 2167: 2139: 2125: 2111: 2105:978-1615308972 2104: 2085: 2068: 2054: 2042: 2024: 2007: 1988: 1973: 1958: 1940: 1921:"Second Crash" 1912: 1884: 1856: 1849: 1829: 1798: 1775: 1754: 1723: 1709: 1689: 1668: 1631: 1613:The Daily News 1595: 1570: 1542: 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Finance 1439: 1421: 1401: 1374: 1353: 1323: 1297: 1267: 1254:Economic Times 1241: 1226: 1210: 1194: 1181: 1165: 1153:Financial Post 1136: 1130:978-0313306297 1129: 1105: 1066: 1049: 1042: 1018: 985: 944: 930: 903: 889: 882: 868:Wanniski, Jude 859: 847:Shachtman, Tom 828: 803: 767: 760: 739: 738: 736: 733: 732: 731: 726: 721: 716: 709: 706: 666: 663: 642: 639: 551: 548: 546: 543: 450: 447: 390: 387: 371: 370: 367: 364: 361: 357: 356: 353: 350: 347: 343: 342: 339: 336: 333: 246:, head of the 221:Black Thursday 204: 201: 196:Clarence Hatry 122: 119: 103:Black Thursday 26: 24: 14: 13: 10: 9: 6: 4: 3: 2: 4230: 4219: 4216: 4214: 4211: 4209: 4206: 4204: 4201: 4199: 4196: 4194: 4191: 4189: 4186: 4184: 4181: 4179: 4176: 4175: 4173: 4163: 4153: 4151: 4150:United States 4141: 4139: 4134: 4129: 4125: 4111: 4107: 4104: 4100: 4097: 4093: 4090: 4086: 4085: 4082: 4075: 4071: 4068: 4064: 4061: 4057: 4053: 4049: 4046: 4042: 4039: 4035: 4031: 4027: 4022: 4018: 4015: 4011: 4008: 4004: 4003: 4001: 3997: 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2972: 2969: 2965: 2962: 2961:Panic of 1792 2958: 2955: 2951: 2947: 2943: 2940: 2936: 2932: 2928: 2925: 2921: 2920: 2918: 2914: 2910: 2902: 2898: 2894: 2890: 2886: 2882: 2878: 2877: 2872: 2868: 2864: 2860: 2856: 2852: 2848: 2847: 2845: 2841: 2837: 2829: 2825: 2824: 2822: 2820: 2815: 2808: 2804: 2801: 2800:Social crisis 2797: 2794: 2793:Minsky moment 2790: 2785: 2781: 2778: 2774: 2771: 2767: 2764: 2760: 2759: 2757: 2753: 2750: 2746: 2743: 2739: 2734: 2730: 2729: 2727: 2723: 2720: 2719:Energy crisis 2716: 2713: 2709: 2706: 2702: 2699: 2695: 2692: 2691:Credit crunch 2688: 2685: 2681: 2678: 2674: 2673: 2670: 2666: 2659: 2654: 2652: 2647: 2645: 2640: 2639: 2636: 2624: 2621: 2619: 2616: 2615: 2612: 2606: 2603: 2601: 2598: 2597: 2595: 2593:United States 2591: 2585: 2584:United States 2582: 2580: 2577: 2575: 2572: 2570: 2567: 2565: 2562: 2560: 2559:Latin America 2557: 2555: 2552: 2550: 2547: 2545: 2542: 2540: 2537: 2535: 2532: 2530: 2527: 2525: 2522: 2520: 2517: 2515: 2512: 2510: 2507: 2506: 2504: 2500: 2494: 2491: 2489: 2486: 2484: 2481: 2479: 2476: 2474: 2471: 2469: 2466: 2464: 2461: 2460: 2458: 2454: 2450: 2443: 2438: 2436: 2431: 2429: 2424: 2423: 2420: 2413: 2409: 2408: 2404: 2401: 2396: 2392: 2391: 2387: 2382: 2378: 2376: 2372: 2368: 2364: 2360: 2357: 2354: 2350: 2346: 2342: 2339: 2336: 2332: 2329: 2325: 2323: 2319: 2315: 2311: 2309: 2305: 2301: 2297: 2294: 2291: 2290: 2285: 2282: 2279: 2275: 2271: 2269: 2265: 2261: 2257: 2254: 2242: 2238: 2233: 2230: 2226: 2225: 2221: 2214: 2211: 2206: 2203: 2199: 2198:The Economist 2195: 2190: 2188: 2184: 2180: 2179:The Economist 2176: 2171: 2168: 2156: 2155:Virginia Tech 2152: 2146: 2144: 2140: 2137: 2134: 2129: 2126: 2123: 2120: 2115: 2112: 2107: 2101: 2097: 2096: 2089: 2086: 2083: 2080: 2075: 2073: 2069: 2066: 2063: 2058: 2055: 2051: 2046: 2043: 2039: 2038: 2034: 2028: 2025: 2022: 2019: 2014: 2012: 2008: 2003: 1999: 1992: 1989: 1986: 1982: 1977: 1974: 1969: 1965: 1961: 1959:9781316603406 1955: 1951: 1944: 1941: 1928: 1927: 1922: 1916: 1913: 1900: 1899: 1894: 1888: 1885: 1872: 1871: 1866: 1860: 1857: 1852: 1846: 1842: 1841: 1833: 1830: 1818: 1817: 1816:Rolling Stone 1812: 1808: 1801: 1799:0-395-85999-9 1795: 1791: 1790: 1785: 1779: 1776: 1771: 1770: 1765: 1758: 1755: 1742: 1738: 1734: 1727: 1724: 1716:September 30, 1712: 1710:9780836901276 1706: 1702: 1701: 1693: 1690: 1686: 1682: 1679: 1678: 1672: 1669: 1665: 1657:September 30, 1652: 1648: 1647: 1642: 1635: 1632: 1627: 1615: 1614: 1609: 1605: 1604:Shann, Edward 1599: 1596: 1584: 1580: 1574: 1571: 1559: 1558: 1553: 1546: 1543: 1531: 1527: 1520: 1517: 1504: 1500: 1496: 1492: 1488: 1484: 1483: 1478: 1471: 1468: 1464: 1458: 1455: 1452: 1448: 1443: 1440: 1435: 1431: 1425: 1422: 1417: 1413: 1405: 1402: 1390: 1389: 1384: 1378: 1375: 1371: 1367: 1363: 1357: 1354: 1341: 1337: 1333: 1327: 1324: 1312: 1308: 1301: 1298: 1285: 1281: 1280:NYSE Euronext 1277: 1271: 1268: 1255: 1251: 1245: 1242: 1238: 1235: 1230: 1227: 1223: 1219: 1214: 1211: 1207: 1203: 1198: 1195: 1191: 1185: 1182: 1178: 1174: 1169: 1166: 1154: 1150: 1143: 1141: 1137: 1132: 1126: 1122: 1118: 1117: 1109: 1106: 1101: 1097: 1093: 1089: 1085: 1081: 1077: 1070: 1067: 1063: 1059: 1053: 1050: 1045: 1039: 1035: 1031: 1030: 1022: 1019: 1006: 1002: 1001: 996: 989: 986: 978:September 30, 973: 969: 965: 959: 957: 955: 953: 951: 949: 945: 940: 934: 931: 918: 914: 907: 904: 901: 898: 893: 890: 885: 879: 875: 874: 869: 863: 860: 856: 852: 848: 842: 838: 832: 829: 817: 813: 807: 804: 800: 788: 784: 783: 778: 775:Bone, James. 771: 768: 763: 757: 753: 752: 744: 741: 734: 730: 727: 725: 722: 720: 717: 715: 712: 711: 707: 705: 703: 702:protectionism 699: 698: 693: 692:Anna Schwartz 689: 685: 682: 681:The Economist 677: 674: 673: 672:The Economist 664: 662: 660: 654: 652: 648: 640: 638: 636: 632: 626: 622: 620: 619:macroeconomic 616: 607: 602: 598: 595: 591: 587: 582: 578: 574: 567: 562: 557: 550:United States 549: 544: 541: 536: 534: 529: 527: 526:Panic selling 522: 516: 512: 509: 500: 495: 491: 489: 488:Goldman Sachs 485: 481: 477: 473: 472:margin buying 470:. Because of 469: 464: 461: 456: 448: 446: 444: 440: 434: 432: 428: 424: 420: 416: 412: 408: 404: 400: 396: 393:In 1932, the 388: 386: 382: 379: 368: 365: 362: 359: 358: 354: 351: 348: 345: 344: 340: 337: 334: 331: 330: 324: 322: 317: 313: 308: 306: 305:Black Tuesday 301: 299: 295: 287: 283: 282:trading floor 278: 274: 272: 271:Panic of 1907 268: 264: 259: 257: 254:. They chose 253: 249: 245: 244:Albert Wiggin 241: 237: 233: 230: 226: 222: 214: 209: 202: 200: 197: 192: 189: 185: 181: 180:Irving Fisher 177: 174:that saw the 171: 168: 164: 160: 156: 152: 147: 144: 140: 132: 127: 120: 118: 116: 112: 108: 107:Black Tuesday 104: 100: 95: 93: 89: 85: 81: 77: 76:Black Tuesday 73: 69: 65: 57: 52: 48: 44: 40: 33: 19: 3693:October 2008 3575:Samba effect 3431:(1987–2000s) 3326:Steel crisis 3238: 3149:Black Monday 3127:Encilhamento 3067:Black Friday 2874: 2830:(235–284 CE) 2698:Credit cycle 2574:South Africa 2467: 2406: 2380: 2366: 2344: 2334: 2327: 2313: 2299: 2296:Klein, Maury 2287: 2277: 2259: 2256:Brooks, John 2245:. Retrieved 2240: 2228: 2212: 2205: 2197: 2178: 2170: 2158:. Retrieved 2135: 2128: 2121: 2114: 2094: 2088: 2081: 2064: 2057: 2045: 2035: 2027: 2020: 2001: 1991: 1984: 1976: 1949: 1943: 1933:November 20, 1931:. Retrieved 1924: 1915: 1905:November 22, 1903:. Retrieved 1896: 1887: 1877:November 22, 1875:. Retrieved 1868: 1859: 1843:. ABC-CLIO. 1839: 1832: 1820:. Retrieved 1814: 1807:Taibbi, Matt 1787: 1778: 1767: 1757: 1745:. Retrieved 1741:the original 1726: 1714:. Retrieved 1699: 1692: 1676: 1671: 1662: 1655:. Retrieved 1651:the original 1644: 1634: 1624:– via 1620:November 22, 1618:. Retrieved 1611: 1598: 1586:. Retrieved 1582: 1573: 1561:. Retrieved 1555: 1545: 1533:. Retrieved 1529: 1519: 1509:February 25, 1507:. Retrieved 1503:the original 1480: 1470: 1462: 1457: 1450: 1442: 1433: 1424: 1415: 1404: 1392:. Retrieved 1386: 1377: 1361: 1356: 1344:. Retrieved 1340:the original 1335: 1326: 1314:. Retrieved 1310: 1300: 1288:. Retrieved 1284:the original 1279: 1270: 1260:February 16, 1258:. Retrieved 1253: 1244: 1236: 1229: 1221: 1213: 1205: 1197: 1189: 1184: 1176: 1168: 1156:. Retrieved 1152: 1115: 1108: 1086:(1): 73–93. 1083: 1079: 1069: 1061: 1052: 1028: 1021: 1009:. Retrieved 1005:the original 998: 988: 976:. Retrieved 972:the original 933: 923:November 10, 921:. Retrieved 917:the original 906: 899: 892: 871: 862: 855:Description. 850: 840: 831: 819:. Retrieved 815: 806: 798: 791:. Retrieved 787:the original 780: 770: 750: 743: 695: 686: 680: 678: 670: 668: 655: 644: 627: 623: 615:bankruptcies 611: 583: 579: 575: 571: 538: 530: 521:Roger Babson 517: 513: 504: 465: 452: 439:Black Monday 435: 429:, and other 392: 383: 374: 309: 304: 302: 298:margin calls 294:Black Monday 293: 291: 260: 220: 218: 193: 188:Roger Babson 172: 148: 136: 106: 102: 96: 75: 72:Crash of '29 71: 67: 63: 61: 47: 3970:(2017–2018) 3955:(2016–2022) 3911:(2014–2022) 3671:(2007–2009) 3636:(2003–2008) 3585:(2000–2004) 3534:(1994–1996) 3512:(1992–1994) 3497:(1991–2000) 3461:(1990–1992) 3453:(1990–1992) 3423:(1986–1995) 3386:(1982–1994) 3376:(1982–2007) 3358:(1980–1982) 3336:(1975–1982) 3328:(1973–1982) 3299:(1973–1980) 3289:(1973–1982) 3260:(1945–1973) 3225:(1921–1923) 3217:(1917–1924) 3207:(1918–1939) 3129:(1890–1893) 3082:(1870–1914) 3024:(1845–1856) 2984:(1815–1816) 2933:(1769–1784) 2916:(1760–1840) 2879:(1621–1623) 2861:(1544–1551) 2843:(1000–1760) 2742:Flash crash 2712:Debt crisis 2564:Netherlands 2414:documentary 2247:February 2, 2160:November 4, 1822:November 3, 1804:, cited in 1747:February 3, 1588:January 10, 1530:Smithsonian 1206:Times Union 1192:, pp. 39–40 1177:Times Union 911:Dan Bryan. 793:January 29, 631:uptick rule 617:and severe 455:speculative 399:U.S. Senate 378:bear market 240:Morgan Bank 229:Wall Street 225:ticker tape 213:Price Index 184:bull market 151:speculation 143:World War I 133:, 1928–1930 88:bull market 68:Great Crash 56:Wall Street 4172:Categories 2763:Accounting 2600:Bonus Army 2502:By country 2375:0385143702 2353:0399116133 2322:0060160810 2308:0195135164 2268:0393013758 1968:1048586916 1346:October 1, 1316:October 1, 1290:October 1, 1276:"Timeline" 1043:0395859999 1011:October 1, 883:0895263440 849:. (1979). 816:Money-Zine 735:References 659:means test 431:securities 419:underwrite 263:U.S. Steel 167:call money 121:Background 18:1929 Crash 4021:Recession 3014:1840–1870 2514:Australia 2509:Argentina 2478:Dust Bowl 2065:The Times 2037:The Times 1557:TheStreet 1491:1423-3967 1463:The Times 1370:0730-2355 1100:1053-8372 821:March 18, 782:The Times 679:However, 635:bear raid 389:Aftermath 267:blue chip 2677:Bank run 2618:Category 2605:New Deal 2493:Timeline 2365:(1979). 2343:(1979). 2298:(2001). 2258:(1969). 1681:Archived 1499:38739976 1482:Le Temps 1158:July 22, 870:(1978). 708:See also 566:bank run 449:Analysis 417:, which 338:% Change 211:Overall 4124:Portals 2777:Funding 2770:Capital 2623:Commons 2569:Romania 2539:Germany 1563:May 10, 1535:May 10, 1394:May 11, 606:Toronto 545:Effects 369:230.07 355:260.64 284:of the 232:bankers 3947:(2016) 3593:(2001) 3577:(1999) 3394:(1982) 3233:(1927) 3180:(1910) 3151:(1894) 3121:(1890) 3113:(1886) 3069:(1869) 2903:(1720) 2895:(1720) 2887:(1637) 2784:Market 2534:France 2524:Canada 2519:Brazil 2463:Causes 2456:Topics 2373:  2351:  2320:  2306:  2266:  2102:  1966:  1956:  1847:  1796:  1707:  1497:  1489:  1368:  1127:  1098:  1040:  880:  758:  641:Europe 423:stocks 413:, and 366:−11.73 363:−30.57 352:−12.82 349:−38.33 341:Close 335:Change 321:ticker 4162:1920s 2554:Japan 2549:Italy 2544:India 2529:Chile 1121:19–29 427:bonds 411:loans 203:Crash 137:The " 74:, or 3714:2009 2819:1000 2817:Pre- 2371:ISBN 2361:and 2349:ISBN 2318:ISBN 2304:ISBN 2264:ISBN 2249:2017 2162:2016 2100:ISBN 1964:OCLC 1954:ISBN 1935:2012 1907:2012 1879:2012 1845:ISBN 1824:2017 1794:ISBN 1749:2007 1718:2008 1705:ISBN 1659:2008 1622:2012 1590:2019 1565:2019 1537:2019 1511:2019 1495:OCLC 1487:ISSN 1396:2011 1366:ISSN 1348:2008 1318:2008 1292:2008 1262:2019 1160:2020 1125:ISBN 1096:ISSN 1038:ISBN 1013:2008 980:2008 925:2013 878:ISBN 823:2015 795:2012 756:ISBN 690:and 332:Date 280:The 129:The 62:The 41:and 2276:". 1687:PBS 1336:PBS 1311:NPR 1088:doi 1060:". 1000:CFO 968:PBS 694:'s 478:of 4174:: 2410:, 2196:, 2186:^ 2177:, 2153:. 2142:^ 2071:^ 2010:^ 2000:. 1983:, 1962:. 1923:. 1895:. 1867:. 1813:. 1766:. 1735:. 1661:. 1643:. 1610:. 1581:. 1554:. 1528:. 1493:. 1449:, 1432:. 1414:. 1385:. 1364:, 1334:. 1309:. 1278:. 1252:. 1220:. 1204:. 1175:. 1151:. 1139:^ 1123:. 1094:. 1084:45 1082:. 1078:. 1036:. 1034:84 997:. 966:. 947:^ 853:. 839:, 835:• 814:. 797:. 779:. 637:. 433:. 425:, 242:; 117:. 94:. 70:, 4126:: 3370:/ 2657:e 2650:t 2643:v 2441:e 2434:t 2427:v 2355:. 2280:. 2251:. 2164:. 2108:. 2004:. 1970:. 1937:. 1909:. 1881:. 1853:. 1826:. 1802:. 1772:. 1751:. 1720:. 1628:. 1592:. 1567:. 1539:. 1513:. 1398:. 1350:. 1320:. 1294:. 1264:. 1162:. 1133:. 1102:. 1090:: 1056:" 1046:. 1015:. 982:. 941:. 927:. 886:. 825:. 764:. 608:. 45:. 34:. 20:)

Index

1929 Crash
Blackout Tuesday
Black Tuesday (disambiguation)
Wall Street Crash (disambiguation)

Wall Street
stock market crash
New York Stock Exchange
bull market
Great Depression
history of the United States
London Stock Exchange
Great Depression

Dow Jones Industrial Average
Roaring Twenties
World War I
speculation
Federal Reserve
Charles E. Mitchell
National City Bank
call money
Dow Jones Industrial Average
Irving Fisher
bull market
Roger Babson
Clarence Hatry

Price Index
ticker tape

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