Don Sowa's MoneyTalk

The Black Friday Crash


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Each year on Black Friday American shoppers spend billions of dollars on goods, but what you may not know is that the original black Friday was anything but a boon for the economy. On this edition of our MoneyTalk Moment in Financial History, Nathan covers the events of Black Friday 1869, the historic market crash driven by plummeting gold prices, and the greed and ambition of one of the wealthiest and most infamous characters of the time, Jay Gould. Host: Nathan Beauvais CFP®, CIMA®, CPWA®; Air Date: 7/30/2025; Original Air Date: 8/14/2024. Have a question for the hosts? Visit sowafinancial.com/moneytalk to join the conversation!

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