29 Oct 2020

The Rest is History - Black Tuesday

From Lately, 10:45 pm on 29 October 2020

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On this day in October 1929 the world watched as Wall Street investors traded some 16 million shares on the New York Exchange in a single day. 

Billions of dollars were lost, investors wiped out, and the day labelled Black Tuesday. 

The aftermath was the Great Depression - which lasted from 1929 until 1939. 

Malcolm McKinnen is an historian based in Wellington, who is an expert in this topic.

The Wall Street crash of 1929

The Wall Street crash of 1929 Photo: Wikicommons