Latest / Humming Pod - Text in : 936-899-3300
"Black Tuesday" History Lesson
1. Stock Market Crash of 1929
• Then: The Great Depression kicked off with the infamous stock market crash in October 1929, often known as “Black Tuesday.” People realized their life savings had become… well, imaginary.
• Now: Nowadays, we have more regulation (and TikTok) to help prevent massive stock crashes. But if you’re investing, watching your portfolio now is a lot like refreshing your ex’s Instagram—better do it sparingly.
2. Banks Went Bust
• Then: Nearly half of the U.S. banks failed. People went from “my bank is my best friend” to “I should probably keep my cash under my mattress.”…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.