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A Legacy Remembered
January 12th was my father's birthday; he was born in 1929. His mother was fifteen years old and delivered her firstborn on the kitchen table. She would always tell the story without apology or regret. The...
89 commentsThe Stock Market Chart 1929: What We Can Learn From the Crash and the Great Depression
Are we indeed in the Greatest Depression? Just because it's not called a depression by the economists or the media doesn't mean it's not one. As happened after the stock market crash of 1929, defining an economic depression often comes after the fact, with the advantage of hindsight. Look for clues in the 1929 stock market charts.
4 commentsBad Quotes
"Computers in the future may weigh less than 1.5 tons." -Popular Science 1949 forecasting the future of computer science "I think there is a world market for maybe five computers." -Thomas Watson, chairman...
2 commentsGreat Depression 1929
By the beginning of September 1929, stock prices had slowly started to fall. Most investors were not concerned thinking this was a normal market fluctuation. However, when the Wall Street Stock Exchange...
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