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Articles tagged with: Sears Roebuck

Crash of 1929 »

Posted on 7 Mar 2013 | 9,454 views
New York Stock Exchange DJIA Stocks on October 29 1929

The Roaring Twenties, the decade that led up to the Crash, was a time of wealth and excess. Despite caution of the dangers of speculation, many believed that the market could sustain high price levels. Shortly before the crash, economist Irving Fisher famously proclaimed, “Stock prices have reached what looks like a permanently high plateau.”

Crash of 1929 »

Posted on 20 Apr 2011 | 6,868 views
Goldman Sachs Stock Price After Market Crash from 1929 to 1931

Marcus Goldman began trading in promissory notes in 1869. Goldman’s son-in-law, Samuel Sachs, joined the business in 1882. The firm expanded into a general partnership in 1885 as Goldman, Sachs & Co. when Goldman’s son Henry and son-in-law Ludwig Dreyfus joined the group.

Bear Markets »

Posted on 25 Mar 2011 | 7,270 views
1929 thru 1932 DJIA Bear Market Performance

It took almost three years for the “Dow” to reach the bottom. The 1929 crash was a dramatic drop with the Dow dropping almost 50% in just over two months. However, the Dow’s decline was far from over in terms of either extent or breadth. The market continued its decline for another two and a half years — through the first half of 1932.

Crash of 1929 »

Posted on 25 Mar 2011 | 6,546 views
Black Monday and Black Tuesday Dow Stock Prices

Monday October 28, 1929 was the first “Black Monday“, where investors decided to get out of the market and the Dow Jones Industrial Average collapsed 38.33 points, or 12.82% on the day. The next day was “Black Tuesday“, October 29, 1929, where the Dow Jones Industrial Average lost an additional 30.57 points, or 11.73% on the day.