Did stock market crash 1932
For instance, Warren Buffett staked a huge chunk of his, and Berkshire Hathaway's, wealth on Wells Fargo, which can easily be nationalized. I do not know the sector performance in this period but it would not surprise me if every sector got killed and there was probably nowhere to hide. List of stock market crashes and bear markets. Stock Market Crash of Author History. Despite fears of a repeat of the s Depression, the market rallied immediately after the crash, posting a record one-day gain of The rigid nature of gold in forcing the FedRes to raise rates in the thick of an unfolding banking crisis and serious recession probably started the beginning of the end of gold.