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Wall Street Crash of 1929: Prices Printed Hours After the Market Closed

Cobalt History

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Wall Street Crash of 1929: Prices Printed Hours After the Market Closed

269 просмотров · 7 дн. назад
Cobalt History
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269 просмотров · 7 дн. назад
On Black Thursday in 1929, the ticker printed its last price more than four hours after the market closed. The Wall Street Crash, for the 97th anniversary of Black Tuesday. The Wall Street Crash of 1929 came after a boom built on borrowed money, and within a week the country's most powerful bankers found they couldn't stop everyone from selling at once. This video follows Black Thursday, Black Monday and Black Tuesday, the stories that stuck (the ruined stockbrokers, the shoeshine boy), whether the crash caused the Great Depression, and the investigation and new rules that came after. 0:00 The ticker that fell behind 0:45 A boom on borrowed money 1:52 The warnings 2:38 Black Thursday 4:23 A weekend's calm 4:46 Black Monday 5:41 Black Tuesday 6:23 The bounce, and the long slide 7:07 The stories that stuck 8:11 Did the crash cause the Depression? 9:55 The investigation and the new rules 10:59 Back above the peak Follow Cobalt History (@cobalthistory) YouTube:    / @cobalthistory   Instagram:   / cobalthistory   TikTok:   / cobalthistory   Facebook:   / cobalthistory   X: https://x.com/CobaltHistory Threads: https://www.threads.com/@cobalthistory #WallStreetCrash #GreatDepression #History