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Joshua Kennon
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Tag Archives: Great Depression

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Black Thursday 1929 Crash

The Valuation Levels Prior to the 1929 Crash Were Absurd

Stock MarketBy Joshua KennonMarch 7, 20134 Comments

A week ago, I recommended a now-out of print book from 30 years ago that was an academic study of the Great Depression called The Crash and Its Aftermath.  It is, hands down, the most useful statistical survey of the Great Depression and the 1929-1933 period I have ever read.  It instantly ranks up there…

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