Chapter 652: Stock Market Crash (Requesting Monthly Tickets!)

As the end of June 1926 approached, stocks had become a topic of lively conversation across the entire United States.

From capitalists and dignitaries to peddlers and workers, and even the ubiquitous vagrants on the streets, many were discussing the soaring stock prices.

Merely investing 100 dollars could yield an income of more than 10 dollars a day, such an exaggerated net profit!

Moreover, the value of stocks kept compounding, and once the value of the stocks held reached an exaggerated figure, the profits from the stock appreciation became an unimaginable number.

In fact, a clear problem with stocks was already apparent by then: if everyone was making money, who was losing it?

Even with stocks, there has to be a balance; if everyone entering the market is making money, where is that money coming from?