🔙 Black Tuesday: A day that changed the world On this day in 1929, the infamous Black Tuesday triggered the Great Depression. The Dow Jones Industrial Average plummeted 11.73%, wiping out billions of dollars. 📉 After days of turmoil, which saw the Dow drop 13% Monday and 11% the preceding Thursday, the market collapsed and triggered a wave of panic selling. Thousands of investors lost billions of dollars, and tickers fell hours behind as daily trading volume surged to 16.4 million shares. The volume remained a record for the next 40 years.The crash was a culmination of factors: overproduction, declining wages, rising debt, and a struggling agricultural sector. It marked a turning point in global economic history. Stocks didn’t completely bottom until July of 1932, when the Dow closed at 41.22. By the next year, almost half of the nation’s banks had failed, and nearly 30% of the workforce suffered unemployment. Let’s remember this dark chapter in history and commit to financial ...