{"id":4209,"date":"2025-10-29T04:17:00","date_gmt":"2025-10-29T07:17:00","guid":{"rendered":"https:\/\/elinversordebolsillo.com.ar\/?p=4209"},"modified":"2025-10-20T10:00:12","modified_gmt":"2025-10-20T13:00:12","slug":"crack-del-29","status":"publish","type":"post","link":"https:\/\/elinversordebolsillo.com.ar\/en\/crack-del-29\/","title":{"rendered":"The Shocking Crash of 29 and its Devastating Consequences"},"content":{"rendered":"<p class=\"wp-embed-aspect-16-9 wp-has-aspect-ratio has-large-font-size\">October 29th anniversary<\/p>\n\n\n\n<p class=\"wp-embed-aspect-16-9 wp-has-aspect-ratio has-medium-font-size\"><strong><em>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&#039;s learn more about the shocking Crash of &#039;29 and its aftermath.<\/em><\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading wp-embed-aspect-16-9 wp-has-aspect-ratio\">The Crash of &#039;29 and Wall Street: A Devastating Impact<\/h2>\n\n\n\n<p><strong>The Great Depression of 1929, which began with the famous &quot;Black Thursday&quot; on the Wall Street Stock Exchange, had a devastating impact on the financial heart of the United States and the world.<\/strong><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Black Tuesday and its Aftermath<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Nosedive:<\/strong> On October 23, 1929, stocks began to fall, but the following day, stock prices on the New York Stock Exchange plummeted. Investor confidence quickly evaporated, and the massive sell-off in stocks triggered a downward spiral that lasted several days. The turning point came on October 29, when the stock market plummeted, losing an additional 11,731 pounds.<\/li>\n\n\n\n<li><strong>Loss of fortunes:<\/strong> Millions of investors lost their savings overnight. The speculative bubble that had inflated during the 1920s suddenly burst, leaving many ruined.<\/li>\n\n\n\n<li><strong>Global contagion:<\/strong> The crisis was not limited to the United States. Stock markets around the world were gripped by panic and experienced similar declines. The interconnectedness of global economies meant the crisis quickly spread to other countries.<\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-image size-full\"><img fetchpriority=\"high\" decoding=\"async\" width=\"831\" height=\"553\" src=\"https:\/\/elinversordebolsillo.com.ar\/wp-content\/uploads\/2024\/10\/crisis1929_2.jpg\" alt=\"Martes Negro Crack del 29\" class=\"wp-image-4210\" title=\"\" srcset=\"https:\/\/elinversordebolsillo.com.ar\/wp-content\/uploads\/2024\/10\/crisis1929_2.jpg 831w, https:\/\/elinversordebolsillo.com.ar\/wp-content\/uploads\/2024\/10\/crisis1929_2-300x200.jpg 300w, https:\/\/elinversordebolsillo.com.ar\/wp-content\/uploads\/2024\/10\/crisis1929_2-768x511.jpg 768w\" sizes=\"(max-width: 831px) 100vw, 831px\" \/><figcaption class=\"wp-element-caption\">Unemployment rose sharply during the Crash of 29 and the subsequent economic depression.<\/figcaption><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\">Long-Term Consequences for Wall Street<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Distrust:<\/strong> Confidence in financial markets was profoundly eroded. Investors became more cautious and demanded greater guarantees before investing their money.<\/li>\n\n\n\n<li><strong>Regulation:<\/strong> The crisis led to the implementation of a series of regulations to stabilize financial markets and prevent future collapses. The U.S. Securities and Exchange Commission (SEC) was created to oversee the activities of publicly traded companies and protect investors.<\/li>\n\n\n\n<li><strong>New economic theories:<\/strong> The Great Depression challenged the dominant economic theories of the time and gave rise to new ideas, such as Keynesian theory, which emphasizes the role of government in stabilizing the economy.<\/li>\n\n\n\n<li><strong>Change in the economic landscape:<\/strong> The crisis marked the end of an era of prosperity and optimism and ushered in a new era characterized by uncertainty and volatility.<\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-image aligncenter size-full\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/inscripcion-mentoria-financiera\/\"><img decoding=\"async\" width=\"851\" height=\"315\" src=\"https:\/\/elinversordebolsillo.com.ar\/wp-content\/uploads\/2024\/10\/image-1.jpeg\" alt=\"\" class=\"wp-image-3997\" title=\"\" srcset=\"https:\/\/elinversordebolsillo.com.ar\/wp-content\/uploads\/2024\/10\/image-1.jpeg 851w, https:\/\/elinversordebolsillo.com.ar\/wp-content\/uploads\/2024\/10\/image-1-300x111.jpeg 300w, https:\/\/elinversordebolsillo.com.ar\/wp-content\/uploads\/2024\/10\/image-1-768x284.jpeg 768w\" sizes=\"(max-width: 851px) 100vw, 851px\" \/><\/a><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\">Lessons Learned<\/h3>\n\n\n\n<p>The Great Depression left a profound mark on financial history. Some of the most important lessons learned include:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>The importance of regulation:<\/strong> Financial markets need adequate regulation to prevent the formation of speculative bubbles and protect investors.<\/li>\n\n\n\n<li><strong>The need for banking supervision:<\/strong> A sound banking system is essential for economic stability.<\/li>\n\n\n\n<li><strong>The role of government:<\/strong> Governments have an important role to play in stabilizing the economy during crises.<\/li>\n<\/ul>\n\n\n\n<p><strong>In short, the Crash of &#039;29 was a catastrophic event that radically transformed Wall Street and the global economy. Its consequences were felt for decades and led to fundamental changes in the way financial markets are regulated and supervised.<\/strong><\/p>\n\n\n\n<h5 class=\"wp-block-heading wp-embed-aspect-16-9 wp-has-aspect-ratio\">You might also be interested in:<\/h5>\n\n\n\n<p class=\"wp-embed-aspect-16-9 wp-has-aspect-ratio\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/empezar-a-invertir-en-bolsa\/\">The Secrets to Starting to Invest in the Stock Market for Beginners<\/a><\/p>\n\n\n\n<p class=\"wp-embed-aspect-16-9 wp-has-aspect-ratio\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/educacion-financiera\/\">How to obtain quality financial education?<\/a><\/p>\n\n\n\n<p class=\"wp-embed-aspect-16-9 wp-has-aspect-ratio\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/asesor-financiero\/\">The secret to choosing an effective financial advisor<\/a><\/p>\n\n\n\n<p class=\"wp-embed-aspect-16-9 wp-has-aspect-ratio\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/gestion-de-patrimonios\/\">How to achieve successful wealth management<\/a><\/p>\n\n\n\n<p class=\"wp-embed-aspect-16-9 wp-has-aspect-ratio\"><\/p>\n\n\n\n<p class=\"wp-embed-aspect-16-9 wp-has-aspect-ratio\"><\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter size-full\"><img decoding=\"async\" src=\"https:\/\/elinversordebolsillo.com.ar\/wp-content\/uploads\/2024\/10\/image.jpeg\" alt=\"\" class=\"wp-image-3996\" title=\"\"><\/figure>\n\n\n\n<p class=\"wp-embed-aspect-16-9 wp-has-aspect-ratio\"><strong>The Great Depression<\/strong> It was a global economic crisis that began in 1929 and lasted until the 1930s. It was the period of greatest economic contraction in the history of modern industrialized countries. It was closely related to the stock market crash mentioned above.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Causes of Black Tuesday and the stock market crash of 1929<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Overproduction:<\/strong> The American economy, in particular, had experienced a period of accelerated growth in the 1920s, fueled by mass production and easy credit. However, this expansion was not sustainable, and eventually, demand could not keep pace with production, leading to the Great Depression.<\/li>\n\n\n\n<li><strong>Income inequality:<\/strong> The distribution of wealth in the United States was extremely unequal, with a small wealthy elite controlling most of the resources. This limited the purchasing power of the majority of the population, which in turn reduced demand for goods and services.<\/li>\n\n\n\n<li><strong>Speculation and financial bubble:<\/strong> The euphoria of the 20s led to a<strong> rampant speculation in the financial markets<\/strong>, especially in the stock market. A bubble formed, where stock prices rose to unsustainable levels, driven by overconfidence in continued economic growth.<\/li>\n\n\n\n<li><strong>Inadequate monetary policies:<\/strong> The US Federal Reserve, the country&#039;s central bank, adopted restrictive monetary policies in the years leading up to the crisis, which contributed to the economic contraction.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Consequences of the Great Depression<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Mass unemployment:<\/strong> The fall in demand and reduced production led to a dramatic rise in unemployment. Millions of people lost their jobs and were plunged into poverty.<\/li>\n\n\n\n<li><strong>Business closures:<\/strong> Many companies, unable to compete in a market with declining demand, were forced to close their doors.<\/li>\n\n\n\n<li><strong>Falling prices:<\/strong> The decline in demand led to a widespread drop in prices, which in turn reduced the income of businesses and consumers.<\/li>\n\n\n\n<li><strong>Political and social instability:<\/strong> The Great Depression contributed to political and social instability in many countries. Popular discontent and frustration with political leaders led to protests, riots, and changes in government.<\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"946\" height=\"630\" src=\"https:\/\/elinversordebolsillo.com.ar\/wp-content\/uploads\/2024\/10\/crisis1929.png\" alt=\"Crisis del 29 y la Gran Depresi\u00f3n\" class=\"wp-image-4176\" title=\"\" srcset=\"https:\/\/elinversordebolsillo.com.ar\/wp-content\/uploads\/2024\/10\/crisis1929.png 946w, https:\/\/elinversordebolsillo.com.ar\/wp-content\/uploads\/2024\/10\/crisis1929-300x200.png 300w, https:\/\/elinversordebolsillo.com.ar\/wp-content\/uploads\/2024\/10\/crisis1929-768x511.png 768w\" sizes=\"(max-width: 946px) 100vw, 946px\" \/><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\">The governments&#039; response<\/h3>\n\n\n\n<p>Governments around the world attempted to address the Great Depression with different economic policies. Some of the most common measures included:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Expansionary fiscal policy:<\/strong> Increase public spending and reduce taxes to stimulate demand.<\/li>\n\n\n\n<li><strong>Expansionary monetary policy:<\/strong> Reduce interest rates to facilitate access to credit and encourage investment.<\/li>\n\n\n\n<li><strong>Protectionism:<\/strong> Impose tariffs and other trade barriers to protect domestic industries.<\/li>\n\n\n\n<li><strong>Structural reforms:<\/strong> Implement changes in the economy to improve efficiency and competitiveness.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-embed-aspect-16-9 wp-has-aspect-ratio\">The Great Depression was a transformative event that had a profound impact on the global economy and society. The lessons learned from this crisis have influenced government economic and financial policies ever since.<\/p>\n\n\n\n<h2 class=\"wp-block-heading wp-embed-aspect-16-9 wp-has-aspect-ratio has-medium-font-size\">Both you and your company can also invest in quality companies.<\/h2>\n\n\n\n<p class=\"wp-embed-aspect-16-9 wp-has-aspect-ratio\">In the <strong><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/nuestros-servicios\/mentoria-financiera\/\" data-type=\"post\" data-id=\"2813\">Financial Mentoring<\/a> With El Inversor de Bolsillo\u00ae you can learn while you invest, and we&#039;ll guide you according to your needs.<\/strong> Financial consulting for individuals includes one-on-one advisory sessions, online courses, stock market reports and everything you need to <strong>your investment is a success<\/strong>, so much <strong>investing in Argentina as in any other part of the world.<\/strong><br>There are different monthly plans of <strong>according to your circumstances and your budget<\/strong>The most important thing is that whichever plan you choose, <strong>you'll never be alone<\/strong>We will accompany you in your learning so that you can <strong>invest successfully.<\/strong><\/p>\n\n\n\n<p class=\"wp-embed-aspect-16-9 wp-has-aspect-ratio\">Getting the best financing for your business isn&#039;t easy. And you&#039;re also focused on improving your business, so financial matters can be difficult. Don&#039;t worry, we&#039;re here to help.<br><strong>With the <a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/financiamiento-empresas\/\" data-type=\"post\" data-id=\"2822\">Financial Optimization Program<\/a> From El Inversor de Bolsillo\u00ae, we evaluate the company and give you specific suggestions to optimize the performance of your current balances and reduce your interest burden. <\/strong>We help you manage the registration in a Reciprocal Guarantee Society and <strong>get the best rates on the market<\/strong>. After the three free months have passed, a set number of monthly hours of financial consulting is provided.<\/p>\n\n\n\n<p class=\"wp-embed-aspect-16-9 wp-has-aspect-ratio\">If you want to learn more about how to invest risk-free, visit our website. <a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/\">www.elinversordebolsillo.com.ar<\/a> either <a href=\"https:\/\/www.youtube.com\/@elinversordebolsillo\" target=\"_blank\" rel=\"noopener\">our YouTube channel<\/a>.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe title=\"Personal Finance - Organize your finances and make ends meet\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/BjfqtBbhKUw?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" 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href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/bonos\/\" class=\"tag-cloud-link tag-link-322 tag-link-position-8\" style=\"font-size: 9.2574850299401pt;\" aria-label=\"bonds (6 items)\">bonds<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/burbuja\/\" class=\"tag-cloud-link tag-link-289 tag-link-position-9\" style=\"font-size: 10.095808383234pt;\" aria-label=\"bubble (8 items)\">bubble<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/burbuja-puntocom\/\" class=\"tag-cloud-link tag-link-239 tag-link-position-10\" style=\"font-size: 11.185628742515pt;\" aria-label=\"Dotcom bubble (11 items)\">Dot-com bubble<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/byma\/\" class=\"tag-cloud-link tag-link-83 tag-link-position-11\" style=\"font-size: 10.51497005988pt;\" aria-label=\"byma (9 items)\">byma<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/commodities\/\" class=\"tag-cloud-link tag-link-373 tag-link-position-12\" style=\"font-size: 8.6706586826347pt;\" aria-label=\"commodities (5 items)\">commodities<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/compania-de-los-mares-del-sur\/\" class=\"tag-cloud-link tag-link-349 tag-link-position-13\" style=\"font-size: 8.6706586826347pt;\" aria-label=\"South Sea Company (5 items)\">South Sea Company<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/consejos-financieros\/\" class=\"tag-cloud-link tag-link-164 tag-link-position-14\" style=\"font-size: 8.6706586826347pt;\" aria-label=\"Financial advice (5 items)\">Financial advice<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/criptomonedas\/\" class=\"tag-cloud-link tag-link-237 tag-link-position-15\" style=\"font-size: 9.2574850299401pt;\" aria-label=\"Cryptocurrencies (6 items)\">Cryptocurrencies<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/crisis\/\" class=\"tag-cloud-link tag-link-88 tag-link-position-16\" style=\"font-size: 12.023952095808pt;\" aria-label=\"crisis (14 items)\">crisis<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/crisis-subprime\/\" class=\"tag-cloud-link tag-link-101 tag-link-position-17\" style=\"font-size: 10.095808383234pt;\" aria-label=\"subprime crisis (8 items)\">subprime crisis<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/curso-de-finanzas-gratuito\/\" class=\"tag-cloud-link tag-link-594 tag-link-position-18\" style=\"font-size: 13.02994011976pt;\" aria-label=\"curso de finanzas gratuito (19 items)\">free finance course<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/economia\/\" class=\"tag-cloud-link tag-link-397 tag-link-position-19\" style=\"font-size: 11.185628742515pt;\" aria-label=\"economics (11 items)\">economy<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/empezar-a-invertir\/\" class=\"tag-cloud-link tag-link-38 tag-link-position-20\" style=\"font-size: 15.964071856287pt;\" aria-label=\"Empezar a invertir (44 items)\">Start investing<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/esquema-piramidal\/\" class=\"tag-cloud-link tag-link-255 tag-link-position-21\" style=\"font-size: 9.6766467065868pt;\" aria-label=\"pyramid scheme (7 items)\">pyramid scheme<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/estados-unidos\/\" class=\"tag-cloud-link tag-link-172 tag-link-position-22\" style=\"font-size: 10.095808383234pt;\" aria-label=\"United States (8 items)\">USA<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/facebook\/\" class=\"tag-cloud-link tag-link-177 tag-link-position-23\" style=\"font-size: 8.6706586826347pt;\" aria-label=\"Facebook (5 items)\">Facebook<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/finanzas\/\" class=\"tag-cloud-link tag-link-31 tag-link-position-24\" style=\"font-size: 18.562874251497pt;\" aria-label=\"finanzas (90 items)\">finance<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/finanzas-personales\/\" class=\"tag-cloud-link tag-link-32 tag-link-position-25\" style=\"font-size: 16.88622754491pt;\" aria-label=\"Finanzas personales (56 items)\">Personal finances<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/ibm\/\" class=\"tag-cloud-link tag-link-380 tag-link-position-26\" style=\"font-size: 8pt;\" aria-label=\"IBM (4 items)\">IBM<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/inflacion\/\" class=\"tag-cloud-link tag-link-228 tag-link-position-27\" style=\"font-size: 8.6706586826347pt;\" aria-label=\"inflation (5 items)\">inflation<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/inglaterra\/\" class=\"tag-cloud-link tag-link-293 tag-link-position-28\" style=\"font-size: 8pt;\" aria-label=\"England (4 items)\">England<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/libros-de-finanzas\/\" class=\"tag-cloud-link tag-link-166 tag-link-position-29\" style=\"font-size: 8pt;\" aria-label=\"finance books (4 items)\">finance books<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/libros-de-inversion\/\" class=\"tag-cloud-link tag-link-284 tag-link-position-30\" style=\"font-size: 8pt;\" aria-label=\"investment books (4 items)\">investment books<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/ltcm\/\" class=\"tag-cloud-link tag-link-127 tag-link-position-31\" style=\"font-size: 8pt;\" aria-label=\"LTCM (4 items)\">LTCM<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/mentoria-financiera\/\" class=\"tag-cloud-link tag-link-61 tag-link-position-32\" style=\"font-size: 13.02994011976pt;\" aria-label=\"financial mentoring (19 items)\">financial mentoring<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/mercado-argentino\/\" class=\"tag-cloud-link tag-link-126 tag-link-position-33\" style=\"font-size: 15.880239520958pt;\" aria-label=\"mercado argentino (43 items)\">Argentine market<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/mercado-de-valores\/\" class=\"tag-cloud-link tag-link-35 tag-link-position-34\" style=\"font-size: 19.820359281437pt;\" aria-label=\"mercado de valores (128 items)\">stock market<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/mercado-internacional\/\" class=\"tag-cloud-link tag-link-70 tag-link-position-35\" style=\"font-size: 22pt;\" aria-label=\"mercado internacional (234 items)\">international market<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/meta\/\" class=\"tag-cloud-link tag-link-178 tag-link-position-36\" style=\"font-size: 8pt;\" aria-label=\"Meta (4 items)\">Meta<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/microsoft\/\" class=\"tag-cloud-link tag-link-231 tag-link-position-37\" style=\"font-size: 9.6766467065868pt;\" aria-label=\"Microsoft (7 items)\">Microsoft<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/nasdaq\/\" class=\"tag-cloud-link tag-link-104 tag-link-position-38\" style=\"font-size: 8pt;\" aria-label=\"Nasdaq (4 items)\">Nasdaq<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/petroleo\/\" class=\"tag-cloud-link tag-link-383 tag-link-position-39\" style=\"font-size: 10.51497005988pt;\" aria-label=\"Oil (9 items)\">Oil<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/rusia\/\" class=\"tag-cloud-link tag-link-41 tag-link-position-40\" style=\"font-size: 8pt;\" aria-label=\"Russia (4 items)\">Russia<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/steve-jobs\/\" class=\"tag-cloud-link tag-link-175 tag-link-position-41\" style=\"font-size: 9.2574850299401pt;\" aria-label=\"Steve Jobs (6 items)\">Steve Jobs<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/tecnologia\/\" class=\"tag-cloud-link tag-link-391 tag-link-position-42\" style=\"font-size: 11.185628742515pt;\" aria-label=\"Technology (11 items)\">Technology<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/value-investing\/\" class=\"tag-cloud-link tag-link-95 tag-link-position-43\" style=\"font-size: 8.6706586826347pt;\" aria-label=\"value investing (5 items)\">value investing<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/wall-street\/\" class=\"tag-cloud-link tag-link-234 tag-link-position-44\" style=\"font-size: 8.6706586826347pt;\" aria-label=\"Wall Street (5 items)\">Wall Street<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/warren-buffett\/\" class=\"tag-cloud-link tag-link-69 tag-link-position-45\" style=\"font-size: 13.532934131737pt;\" aria-label=\"warren buffett (22 items)\">Warren Buffett<\/a><\/p>\n\n\n<h3 class=\"wp-block-heading has-medium-font-size\">Explore categories<\/h3>\n\n\n<ul class=\"wp-block-categories-list wp-block-categories\">\t<li class=\"cat-item cat-item-50\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/efemerides\/abril\/\">April<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-54\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/efemerides\/agosto\/\">August<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-77\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/\">Blog<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-78\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/consejos-financieros\/\">Financial advice<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-418\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/curso-de-finanzas\/\">Finance Course<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-58\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/efemerides\/diciembre\/\">December<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-46\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/efemerides\/\">Anniversaries<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-47\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/efemerides\/enero\/\">January<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-48\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/efemerides\/febrero\/\">February<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-30\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/finanzas-personales\/\">Personal Finance<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-53\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/efemerides\/julio\/\">July<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-52\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/efemerides\/junio\/\">June<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-49\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/efemerides\/marzo\/\">March<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-51\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/efemerides\/mayo\/\">May<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-29\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/mercado-argentino\/\">Argentine Market<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-28\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/mercado-internacional\/\">International Market<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-167\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/miscelaneo\/\">Miscellaneous<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-256\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/noticias\/\">News<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-57\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/efemerides\/noviembre\/\">November<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-27\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/nuestros-servicios\/\">Our services<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-56\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/efemerides\/octubre\/\">October<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-55\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/efemerides\/septiembre\/\">September<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-1\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/sin-categoria\/\">Uncategorized<\/a>\n<\/li>\n<\/ul>\n\n\n<p><\/p>","protected":false},"excerpt":{"rendered":"<p>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&#039;s learn more about the shocking Crash of &#039;29 and its aftermath.<\/p>","protected":false},"author":2,"featured_media":5074,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[77,46,28,56],"tags":[232,233,70,234],"class_list":["post-4209","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","category-efemerides","category-mercado-internacional","category-octubre","tag-crack-del-29","tag-martes-negro","tag-mercado-internacional","tag-wall-street"],"_links":{"self":[{"href":"https:\/\/elinversordebolsillo.com.ar\/en\/wp-json\/wp\/v2\/posts\/4209","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/elinversordebolsillo.com.ar\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/elinversordebolsillo.com.ar\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/elinversordebolsillo.com.ar\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/elinversordebolsillo.com.ar\/en\/wp-json\/wp\/v2\/comments?post=4209"}],"version-history":[{"count":2,"href":"https:\/\/elinversordebolsillo.com.ar\/en\/wp-json\/wp\/v2\/posts\/4209\/revisions"}],"predecessor-version":[{"id":9323,"href":"https:\/\/elinversordebolsillo.com.ar\/en\/wp-json\/wp\/v2\/posts\/4209\/revisions\/9323"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/elinversordebolsillo.com.ar\/en\/wp-json\/wp\/v2\/media\/5074"}],"wp:attachment":[{"href":"https:\/\/elinversordebolsillo.com.ar\/en\/wp-json\/wp\/v2\/media?parent=4209"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/elinversordebolsillo.com.ar\/en\/wp-json\/wp\/v2\/categories?post=4209"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/elinversordebolsillo.com.ar\/en\/wp-json\/wp\/v2\/tags?post=4209"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}