Refutes the myth that the stock market was overpriced in 1929 and offers an explanation for the crash with implications for the current era of unparalleled stock market gains.9 and 16). president of the New York Stock Exchange, in a talk gave five reasons for the 1929 crash: . high level of stock prices (low dividend yields) . high price earnings multipliers . economic disturbances abroad (Hatry, Berlin stockanbsp;...
|Title||:||The causes of the 1929 stock market crash|
|Publisher||:||Praeger Pub Text - 1998|