History of the Second World War cover image

11: The Great Depression Pt. 1 - The Crash

History of the Second World War

00:00

The History of the Stock Market

On October 29th, the markets opened to an absolute fire sale. The big fish were selling very large blocks of stocks - not just a few here and there. This is why the share trade volume was so much higher on the 29th than on any other day. By the middle of November the market was back to where it had been in early 1928.

Play episode from 22:45
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app