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US Stocks: Buying the Bounce - Tuesday 4 th November 2008
BullionVault (press release), UK - Nov 4, 2008
After the Wall Street Crash of 1929, for example, stocks rallied a whopping 48% from the post-crash low to the recovery high six months later. ... |
US Stocks: Buying the Bounce – Tuesday 4 th November 2008 – BullionVault (press release)
November 16, 2008 By Leave a Comment
Financial crises in last 40 years
November 16, 2008 By Leave a Comment
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FACTBOX: Financial crises in last 40 years
Reuters - Nov 14, 2008
The crash wiped 22.6 percent off the value of the NYSE, compared with 12.8 percent on the worst day of the 1929 Wall Street Crash. ... |
The Real Great Depression
November 11, 2008 By Leave a Comment
When commentators invoke 1929, I am dubious. According to most historians and economists, that depression had more to do with overlarge factory inventories, a stock-market crash, and Germany’s inability to pay back war debts, which then led to continuing strain on British gold reserves. None of those factors is really an issue now. But there is things that are just as bad, if not worse.
Tags: 1929 stock market crash, great depression
Bonnie and Clyde
November 9, 2008 By Leave a Comment
When we look back to the early 1930’s in American history, the first thing that comes to mind is the stock market crash on October 27, 1929. It heralded the start of the Great Depression. While investors lost large sums of money, it was the working poor that suffered the most.
Tags: 1929 stock market crash, great depression
I remember the 1929 Wall Street Crash
October 7, 2008 By Leave a Comment
"After the crash, I was one of the few left in our office," says Russell Bickell, nearly 80 years on from the Wall Street Crash.Wall Street signThe crash of 1929 heralded the Great Depression, bringing misery to millions. Now nearly 97 years-old and still working as a financial adviser, Mr Bickell can see plenty of similarities.
Tags: 1929 stock market crash, great depression, wall street crash
Don’t panic this is not the Great Depression
September 20, 2008 By Leave a Comment
At times like this one must resist hyperbole. So let me assert, in response to several excitable commentators, this is not the Great Depression.The 1929 Wall Street Crash, and the policy errors that followed, sparked a decade of worldwide economic torpor that put capitalism itself under siege. Today democracy isn't threatened. On the contrary.
Tags: 1929 stock market crash, great depression