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Why do stock market crashes always happen in October?
Stock market crashes are always in October because October is after September. September is when schools open and everything is out of control, the childrens books and the teachers salary. After a few months, everything is organized, but they know that this will happen again. (Note: This is not a fact. I am just guessing.)
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Because the investors believed that the stocks were going to go down so they sold all of their stocks and it went down 9%. Then it continued for a period of 5 days. =) …
Some people ( short sellers ) make money and some ( buyers ) lose it. The speed at which money is made or lost is at its peak during the crash.
The stock market crash happened due to a variety of reasons. 1. Banking failures in US 2. Mortgage crisis - too many foreclosures 3. Weak customer belief in stock mar…ket 4. Panic People were afraid that they'll lose money in the market so they started selling their investments thereby triggering a further collapse and the eventual market crash
It collapsed as frightened depositors raced to withdraw their money.
around 1929, the stock market crashed & a lot of people lost there jobs(they called it a economic blizzard). It turned into a financial crisis, it was the worst economic disas…ter of the 20th century & it was a learning experience for all the investors and governments alike America was now isolated, then finanical crisis struck France , Japan and Britain all unemployed.
The Great Depression.
1929 Also known as Black Tuesday - October 29, 1929
I don't know the answer.
Banks went out of business.
the stock market crashed happened on october 29, 1930 "Black Tuesday" in Wall street in New York
during a stock market crash shares of businesses fall due to fear of them becoming worthless. this then leads to businesses not improving as there stock is worth nothing and t…his then forces the businesses to take out bank loans which they cannot afford to repay due to the economy crashing and money becoming worthless due to hyperinflation
Stock markets crash for several reasons..... Speculators buy and sell stock for profit, plain and simple. Some people have what is call a stop-loss on their stock positions, e…nough of these electronic stop losses triggered at one time can and has in the past caused crashes. Another reasons is media hyped bad news, Where the actual day to day workings of any corporations is not effected at all but the media spreads fear with bad headlines news and creates a selling panic. Many investors feel that selling at a loss is better than losing everything. There is also the unavailing of a fraud or scams that cause some companies to go belly-up and drag down similar companies that may not be having troubles. Panic, fraud, scams, bad news and fear are the main causes of most stock market crashes.
A stock market crash is a sudden dramatic decline of stock prices across a significant cross section of a stock market, which results in a significant loss of wealth. Crashes …are driven as much by panic as other underlying features.
On October 29, 1929, Black Tuesday hit Wall Street as investors traded some 16 million shares on the New York Stock Exchange in a single day. Billions of dollars were lost…, wiping out thousands of investors. In the aftermath of Black Tuesday, America and the rest of the industrialized world spiraled downward into the Great Depression (1929-39), the deepest and longest-lasting economic downturn in the history of the Western industrialized world up to that time. The stock market crash of 1929 was not the sole cause of the Great Depression, but it did act to accelerate the global economic collapse of which it was also a symptom. By 1933, nearly half of America's banks had failed, and unemployment was approaching 15 million people, or 30 percent of the workforce. The U.S. economy would not fully turn around until after 1939, when World War II (1939-45) revitalized American industry.