Welcome to 1929
Here i layed out the follow up from the chart in 1929 where the big depression took place, We are in 2020 now where the goverment is trying to push more money in the market.
Since 20 aug 2019 The Federal reserve sheet has increased with over 77%
History of Stock crash in 1929
stock prices began to decline in September and early October 1929, on October 18 the fall began. on October 24, Black Thursday, a record 12,894,650 shares were traded. Investment companies and leading bankers attempted to stabilize the market by buying up great blocks of stock, producing a moderate rally on Friday. On Monday, however, the storm broke anew, and the market went into free fall. Black Monday was followed by Black Tuesday (October 29, 1929), in which stock prices collapsed completely and 16,410,030 shares were traded on the New York Stock Exchange in a single day. Billions of dollars were lost, wiping out thousands of investors, and stock tickers ran hours behind because the machinery could not handle the tremendous volume of trading.
Since 20 aug 2019 The Federal reserve sheet has increased with over 77%
History of Stock crash in 1929
stock prices began to decline in September and early October 1929, on October 18 the fall began. on October 24, Black Thursday, a record 12,894,650 shares were traded. Investment companies and leading bankers attempted to stabilize the market by buying up great blocks of stock, producing a moderate rally on Friday. On Monday, however, the storm broke anew, and the market went into free fall. Black Monday was followed by Black Tuesday (October 29, 1929), in which stock prices collapsed completely and 16,410,030 shares were traded on the New York Stock Exchange in a single day. Billions of dollars were lost, wiping out thousands of investors, and stock tickers ran hours behind because the machinery could not handle the tremendous volume of trading.
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