Final Note

Remembering Black Tuesday, 85 years later

Kai Ryssdal Oct 29, 2014
HTML EMBED:
COPY
Final Note

Remembering Black Tuesday, 85 years later

Kai Ryssdal Oct 29, 2014
HTML EMBED:
COPY

The Fed stopped buying bonds to help the economy recover from its worst disaster since the Great Depression. So we’re taking this opportunity to remember what happened 85 years ago today.

October 29, 1929, or Black Tuesday, was the most devastating crash in the United States stock market history.

Interesting tidbit?

The number of shares trading hands on the New York Stock Exchange that day set a record not broken for 40 years. And they were trading by hand!

As a nonprofit news organization, our future depends on listeners like you who believe in the power of public service journalism.

Your investment in Marketplace helps us remain paywall-free and ensures everyone has access to trustworthy, unbiased news and information, regardless of their ability to pay.

Donate today — in any amount — to become a Marketplace Investor. Now more than ever, your commitment makes a difference.