The stock market crash - and after

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Monograph

Identifikator:: 1815583320

URN:: urn:nbn:de:zbw-retromon-204544

Document type:: Monograph

Author:: Fisher, Irving http://d-nb.info/gnd/118533541

Title:: The stock market crash - and after

Place of publication:: New York

Publisher:: Macmillan

Year of publication:: 1930

Scope:: XXVI, 286 S.; graph. Darst

Digitisation:: 2022

Collection:: Economics Books

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PREFACE Thuis book is the outgrowth of several years’ study of the stock market consequent on the publication by me, in the newspapers, of weekly and daily index numbers of stock prices, sales and values. In trying to appraise the market crash during the autumn of 1929, I have made use of all sources of information available to me to date. Readers will doubtless find some inconsistencies between my previous writings and the present book, as I have modified my opinions from time to time with the march of events and with the unfolding of evidence. I may, and probably shall, further modify them with subsequent developments. The book is in no sense, therefore, an attempt to justify opinions hitherto expressed. It has been written without reference to any previous expres- sions. I had stated my opinion in September, preced- ing the panic, that the market had reached its peak, as proved to be the case. I also expressed the view that the recession would not be in the nature of a serious crash, in which I was mistaken. I also pre- dicted that the new plateau of stock prices would survive any recession. This has proved true (see Chart 4). 1 have also tried in this book to set forth the chief ri

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