Stock Market Reaches High Once Again
After having a brutal month of August the stock market has managed to regain itself to its July highs. September was a good month to the stock exchange and was able to bring it back from a terrible end of the summer.
As the nation approaches the 78th anniversary of the stock market crash of 1929 it is very noticeable how much the world of stocks has changed.
Yes the market has its ups and its downs but never has it reached the low it reached in 1929 when everyone panicked and sold their stocks sending the country and the world into what came to be known as the Great Depression. FDR was able to bring back the nation from this Great Depression and brought the stock exchange to prosperity with his set of New Deals which provided the poor and unemployed with jobs that were not available to them before.
78 years later the US has been able to keep itself out of a depression like the one they entered on that Black Thrusday and has never seen such a panic in the stock market like the one that day.
0 Comments:
Post a Comment
<< Home