jan 1, 1929 - Crash of 1929

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By October 1929, hints of a worldwide economic slowdown and warnings from experts that stock prices were overvalued prompted investors to pull out of the market. On Black Thursday (Oct. 24), a wave of panic selling on the New York Exchange caused stock prices to plummet. Investors who had overextended themselves in a frenzy of speculative stock purchases watched in agony

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