What Flipped the Switch That Set Off the Great Depression?
October may not be the cruelest month for investors. Based on the averages, that's September. But when Wall Street stumbles at this point of the year, it does so extra hard. And that's why, in the Oct. 3 episode of Motley Fool Answers, Alison Southwick and Robert Brokamp are joined by former Fool Morgan Housel to kick off a four-part series on the history of market crashes in the United States. In this episode and segment, they discuss the big one -- the Great Depression. Did anyone at the time see it coming? And more specifically, in retrospect, can we spot what it was that stopped the music, leaving everyone to realize the party was over? Turns out, it wasn't quite as abrupt as people today think.
A full transcript follows the video.
Source: Fool.com
