This is the grand daddy of them all. Investors lost 86% of
their money over this 813 day beast. This market crash
combined with the 1929 crash, makes up the Great Depression.
In just two months, September and October, the stock market
had lost 40 percent of its value. Black Tuesday usually
marks the point where the Roaring 20’s ended and the Great
Depression started. The stock market continued to fall until
bottoming out in July of 1932 If you had $1000 on 3
September 1929, it would have been worth only $108.14 (89.2%
loss) by July 8th, 1932. Full recovery of this loss didn’t
occur until 1954, 22 years later! Date Started:
4/17/1930 Date Ended: 7/8/1932 Total Days: 813 Starting
DJIA: 294.07 Ending DJIA: 41.22 Total Loss: -86.0%