1929 Wall Street Stock Market Crash


The most devastating stock market crash in the history of the United States; Its from my favorite documentary by PBS – New York. This particular part about Wall Street crash of 1929 is from episode 5 of the series with title: Cosmopolis there are lots of archive photos, footages and drawings throughout the series and in my opinion it was great work done with finding them. series website: www.pbs.org “Archival shoots took place at various historical and cultural institutions, including the New-York Historical Society, the Museum of the City of New York, and the Library of Congress, and focused on the filming of particularly rare or large-scale archival prints, lithographs, maps, and photographs”

Wednesday, March 10th, 2010 Uncategorized

25 Comments to 1929 Wall Street Stock Market Crash

  1. gold isnt good anymore, if you were to say that around 911 then yes ud be correct but gold is out today

  2. kakaka1991 on March 10th, 2010
  3. That’s what I thought for some time, that the Great Depression and the market crash had nothing to do with each other.
    At the beginning of the video, h

  4. motelcalifornia on March 10th, 2010
  5. check my channel for video’s about daytrading and trade like me in forex (EUR/USD, CAD/JPY etc.), stocks (coca-cola, phillips etc.), commodities (gold, silver, oil etc.) and indices (Nasdaq, Nikkei etc.)

  6. i0am0a0daytrader on March 10th, 2010
  7. Did any one hear Sears is closing 200 stores?Are they kmarts or Sears stores?I know they just struck a deal with Ace hardware to carry Crafftsmans tools

  8. waynegasparro on March 10th, 2010
  9. check out perfectpennystocks (dot) com

  10. 550iChillin on March 10th, 2010
  11. I agree 50%…
    There is another crash coming…
    but Gold may not be the safe haven most people expect…

    If you look at trends… you can see that the dollar rallies as the market falls…
    Stock market crash suggests a dollar rally (maybe even a longer term bubble).

    Feel free to check out my channel, I mainly analyse the FTSE 100 market…
    but implications are the same

  12. Andronichuk on March 10th, 2010
  13. There is rumors that Wall Street will crash again and it will be like a nightmare. It will get worst as things comes together and infold. Stay away from stocks. Invest on Gold.

  14. TheIxtlan on March 10th, 2010
  15. false farming boomed up until the dust storms all caused by the fed’s inflation

  16. deltapunk21 on March 10th, 2010
  17. Please watch my video

    It’s about climate change, earth catastrophe and our planet as we lives in.

    Does climate change can affect economy growth?

    watch?v=j7I_eFoIk64

  18. fridaysabtu on March 10th, 2010
  19. The one place on the face of the earth that makes Jahweh shiver .

    For this place is so accursed, even the Lord is frightened of it .

  20. KhyberBoy09 on March 10th, 2010
  21. @jrs89 sorry JRS89, i just saw what you were saying as you were referring to the previous bubble of the early 2000’s i had thought you were referring to now and here.
    I am sorry for the previous reply but it was hard to follow your comments since it was broken into mini blogs.

  22. markynj on March 10th, 2010
  23. @jrs89 does anyone get the feeling that borrowing got cheaper? maybe the too big to fails got cheap loans, but, everyday middle class is getting interest rate hikes on previous credit loans, so who cares that borrowing is cheap for big companies, your taxes are going up, your savings produce no interest earnings, and lending is cut off for most small businesses and families, so. maybe i am reading your analysis wrong or maybe it is just wrong, i am not sure.

  24. markynj on March 10th, 2010
  25. @jrs89
    Herbert Hoover was a progressive. He didn’t cut anything! He put in programs just like Roosevelt did later. Look it up on google. “hoover’s response to the great depression”

  26. MuskratandRatman on March 10th, 2010
  27. Employment continued to lag behind, so the FED continued to cut and borrowing got even cheaper. Housing prices began to rise which induced speculators. Appraisers were not independent; that had the incentive to overvalue property to continue getting business from banks and loan issuers. The mortgage market boomed to finance buyers or refinance existing borrowers. Experimentation with exotic financial instruments used to curb risk created systemic risks as the mortgages were securitized.

  28. jrs89 on March 10th, 2010
  29. …And boom we’re in the early 2000s recession. As with any economic contraction, the markets began to readjust to closer to their true values. During these times, there is a uncertainty and lose of confidence, so investment falls. The FED cut rates to battle unemployment. Coincidentally, there happened to be excess housing stock which was very cheap. Because borrowing was cheap, investors saw housing as a safe heaven in market of uncertainty recovering from over valued tech stocks.

  30. jrs89 on March 10th, 2010
  31. The origins of the current financial crisis start with the housing bubble which essentially pumped us out of the tech bubble’s recession after 9/11. The housing bubble originates in the mid 90s where people were making lots of money on the stock market right before it began to bubble. People wanted to buy houses. ‘Cause housing supply is fixed in the short run, major investment went into it. When the construction finished, the markets realized the tech companies were overvalued and pulled out

  32. jrs89 on March 10th, 2010
  33. The recession is over. Job growth is an entirely different story. We didn’t make a full job recovery from the tech bubble in 2000-2001 until 2003 even though the recession lasted roughly less than a year. GDP growth has nothing to do with the labor market. Businesses can be selling excess inventory they’ve been stuck with and it will boast GDP.

  34. jrs89 on March 10th, 2010
  35. All i have to say here is history repeats itself… Oh does it ever.

  36. 93tillinfinitySON on March 10th, 2010
  37. I hope everyone is paying attention, this sounds all too familiar.

  38. obxguy1 on March 10th, 2010
  39. Marvelous scenes of ‘29 New York. The street views are wonderful.

  40. ManilaSyndicate on March 10th, 2010
  41. 2:40 story about Bernard Baruke reminds me of the first time i saw that little baby on the e-trade adds.

  42. SanePolitician on March 10th, 2010
  43. I just hope that the younger 20 somethings are paying attention to these PBS videos, not only are they relevant but might help the younger generation stop a repeat of this depression.

  44. markynj on March 10th, 2010
  45. The recession is most definately over , it’s now the beginning of the depression.

  46. mrearlturner on March 10th, 2010
  47. Electronic account system,
    projection and graphing,
    BR-0 com/accounts htm
    without .’s or link off my page

  48. tietajajoshua on March 10th, 2010
  49. Wow!!! get ready for round 2 ppl. Why does the government keep saying the recession is “Over” no its not there are still ppl losing there jobs everyday. The best solution is to save up your MONEY. And not [PAPER MONEY] I mean [GOLD].

  50. jibh1987 on March 10th, 2010

Dow Jones Index

The Dow Jones Industrial Average (NYSE: DJI, also called the DJIA, Dow 30, INDP, or informally the Dow Jones or The Dow) is one of several stock market indices, created by nineteenth-century Wall Street Journal editor and Dow Jones & Company co-founder Charles Dow. It is an index that shows how certain stocks have traded. Dow compiled the index to gauge the performance of the industrial sector of the American stock market. It is the second-oldest U.S. market index, after the Dow Jones Transportation Average, which Dow also created. The average is computed from the stock prices of 30 of the largest and most widely held public companies in the United States. The "industrial" portion of the name is largely historical—many of the 30 modern components have little to do with traditional heavy industry. The average is price-weighted. To compensate for the effects of stock splits and other adjustments, it is currently a scaled average, not the actual average of the prices of its component stocks—the sum of the component prices is divided by a divisor, which changes whenever one of the component stocks has a stock split or stock dividend, to generate the value of the index. Since the divisor is currently less than one, the value of the index is higher than the sum of the component prices.
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