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
Bonnie and Clyde
November 9, 2008 By Leave a Comment
The Great Depression still unmatched
November 4, 2008 By Leave a Comment
The October 1929 stock market crash started 10 years of unprecedented financial strife which still dwarfs any recession or market disruption in U.S. history. By any measure, our current economic suffering pales in comparison with what the nation endured from 1929 through 1939. Still, most economists are predicting a long, difficult period ahead. Could it eventually become a depression. Rest of Story on USA Today
Tags: great depression, market crash of 1929, recession, stock market crash
Economy Melting Ice Sculpture
November 3, 2008 By Leave a Comment
1929 stock market crash is remembered with a symbolic ice sculpture as the word "ECONOMY" melts on Foley Square. It's 5 ft tall & 15 ft wide on a pedestal. It was put in place on October 29th so we remember it was 79 years ago when the 10 year Great Depression kicked off with the 1929 Stock Market Crash.
Tags: economy, great depression, market crash of 1929, stock market crash
Tags: economy, great depression, market crash of 1929, stock market crashThe Stock Market Crash and The Great Depression
October 30, 2008 By Leave a Comment
By 11:00 a.m on October 24, 1929, the The New York Stock Exchange had started to plunge. A group of powerful bankers met secretly next door to the Exchange and pledged to spend $240 million of their own funds to stabilize the market. This strategy failed. Do you see a correlation between 1929 and 2008?
Tags: great depression, october 24 1929, stock market crash
On this Day: ‘Black Tuesday’ Stock Market Crash Ushers in Gr
October 29, 2008 By Leave a Comment
On Oct. 29, 1929, the New York Stock Exchange closed down 12.8 percent, marking the end of the Bull Market of the 1920s and the beginning of the Great Depression.
Tags: black tuesday, great depression, market crash of 1929
For Whom the Bailout Tolls
October 26, 2008 By Leave a Comment
During the Stock Market Crash in 1929, that curtain raising overture to the Great Depression, stories abounded of Wall Street brokers rushing to their office windows and leaping to their deaths. But according to the late John Kenneth Galbraith and other economic historians, those accounts of suicide were, by and large, fairy tales.
Tags: great depression, stock, stock market crash, wall street brokers
On October 29th The Economy Will
October 21, 2008 By Leave a Comment
On October 29, 2008, the 79th anniversary of Black Tuesday, the stock market crash that caused the Great Depression in 1929, artists Ligorano/Reese will meltdown the “Economy.”In a new, time-based event, called Main Street Meltdown the artists will install the word “Economy,” carved in ice, in Foley Square, using the New York Supreme Court as a b
Tags: black tuesday, economy, great depression, stock market crash
How to recover your stock market loss
October 19, 2008 By Leave a Comment
In today's uncertain economic times; many wonder, worry and speculate the stock market will crash and we are heading into another depression. Well guess what? Most likely. But it doesn't mean you can't still make money. There were people that make money during the Great Depression and at least 75% of people had jobs. Ouch 25% of our country was out of work. I can't even imagine how.
Back to the topic, how to recover after your stock market loss. Get out now and get in cash or buy puts if you risky. When the bottom hits get back in. But when will the bottom be?....
Tags: depression, great depression, stock market
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
What Would Financial Armageddon Look Like?
September 26, 2008 By Leave a Comment
Many people have compared the current financial crisis with the Wall Street crash of 1929 and the Great Depression of the 1930s that followed it. Yet current events are clearly not in the same league.
Tags: great depression, wall street crash, wall street crash of 1929