Stock Market Speculation During Great Depression

11/07/2020 stock market crash

October 29, 1929 is often marked as the start of the Great Depression in Americ a, a dark day when the U.S. stock market crashed. Historians often cite the stock market crash of 1929 as the beginning of the Great Depression because it marked not only the end of one of the nation’s greatest bull markets but also the end of widespread optimism and confidence in the U.S. economy. Nevertheless, the comparison can shed light on the effect of a large and perhaps qualitatively different event compared to the more normal” declining market. But before we show you why we are concerned about a stock market crash happening soon, we first want to explain what causes a stock market crash. You’ll note that the price of copper is headed lower and is back to the price level where it was in the middle of 2008, right before the great financial …