4.9 β’ 1.4K Ratings
ποΈ 15 April 2025
β±οΈ 20 minutes
ποΈ Recording | iTunes | RSS
π§ΎοΈ Download transcript
In this series, Jeff & Andy dive into a mix of useless facts, myths, forgotten stories, and strange truths.
This episode, Andy looks at some of the worst days on the stock market, and weird but true laws, and Jeff shares the wealthiest and poorest parts of our nation.
This series is presented to you by the great folks over at Mallard Bay.
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0:00.0 | Hello! I'm I'm I'm |
0:21.6 | I'm |
0:22.6 | I'm |
0:23.6 | I'm All right. |
0:44.0 | Boom. |
0:47.3 | And welcome to, did you know? |
0:50.3 | Brought to by Mallard Bay. |
0:51.7 | I'm Jeff Stanfield with the world famous Andy Schaver. |
0:54.4 | That's right. That's right. I'll go first today. You're all... |
0:58.2 | You can get your thoughts in order. |
1:00.5 | Okay. So I got a couple small ones today. |
1:04.5 | First, stock markets all, you know, topsy-turvy. We've got the tariffs and everything. |
1:13.5 | So here is a breakdown of the worst days in stock market history. That's what I'm doing on. Is it really? |
1:19.8 | No. No. Go ahead. I thought about that, though. So the first one, Wall Street Crash of 1929. |
1:27.7 | Black Thursday, October 24th, 1929, a record 12.9 million shares were traded, and then that started the slide. |
1:37.3 | That was followed by Black Monday, October 28th, the Dow fell 12%. |
1:41.4 | And then Black Tuesday, there's a couple of bad days in a row right there, the Dow fell another%. And then Black Tuesday, there's a couple bad days in a row right there, |
1:46.0 | the Dow fell another 11.7%. |
1:49.6 | The cause was excessive speculation |
1:52.5 | during the Roaring 20s, margin buying, |
1:55.1 | and economic weaknesses like overproduction |
1:57.2 | and low wages. |
... |
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