Search results
Results From The WOW.Com Content Network
He famously predicted, nine days before the crash, that stock prices had "reached what looks like a permanently high plateau." [38] Irving Fisher stated on October 21 that the market was "only shaking out of the lunatic fringe" and went on to explain why he felt the prices still had not caught up with their real value and should go much higher ...
Shortly before the crash, economist Irving Fisher famously proclaimed "Stock prices have reached what looks like a permanently high plateau". [8] The optimism and the financial gains of the great bull market were shaken after a well-publicized September 8 prediction from financial expert Roger Babson that "a crash is coming, and it may be ...
On this day in economic and business history... Yale economist Irving Fisher offered one of the most notorious stock-market predictions of all time on Oct. 15, 1929. Speaking at the Purchasing ...
The economist Irving Fisher notoriously declared that stocks had reached a “permanently high plateau.” The market didn’t take long to correct him. The selling began on Thursday, Oct. 24, but ...
One economist proclaimed that stocks had reached “what looks like a permanently high plateau.” The market’s success persuaded the non-wealthy to begin investing , and banks took advantage by ...
American economist Irving Fisher told a dinner meeting audience in New York City that stock prices had reached "what looks like a permanently high plateau" and that he expected "to see the stock market a good deal higher than it is today within a few months." [35] Ramsay MacDonald crossed into Canada at Niagara Falls and traveled to Toronto. [36]
The Dow Jones Industrial Average (INDEX: ^DJI) reached a record high of 381 at the beginning of September 83 years ago. The year was 1929. Brokers watching the tickers on Sept. 5, 1929, found ...
For premium support please call: 800-290-4726 more ways to reach us