October

Anniversaries of financial events that occurred this month

Errores comunes de los inversores
Blog, Anniversaries, International Market, October

Living with 3,000,000 Pounds of Monthly Inflation: Germany's Incredible Hyperinflation of 1923

On November 20, 1923, inflation in Germany reached its peak. The exchange rate reached $1 to $4.2 trillion, and inflation reached a staggering $3,250,000 per month. Prices doubled every two days, and workers were paid twice a day to buy things during the day before prices rose again at night. Let's look at the full story and its consequences for everyday life.

Martes Negro Crack del 29
Blog, Anniversaries, International Market, October

The Shocking Crash of 29 and its Devastating Consequences

On October 29, 1929, the Dow Jones Industrial Average fell by 11,731 shares, closing at 230 points. Trading volume was around 16 million shares, a record that took 40 years to surpass. The index had already fallen by 23,051 shares in the previous two days, but its bottom was not reached until July 8, 1932. Let's learn more about the shocking Crash of '29 and its aftermath.

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