📖 Overview
Six Days in October chronicles the buildup and dramatic events of the 1929 Wall Street crash through personal accounts and historical records. The narrative focuses on the key days of October 24-29, 1929, when the U.S. stock market experienced its most devastating decline.
Through stories of bankers, traders, and everyday investors, the book reconstructs the panic and chaos that engulfed Wall Street during this pivotal period. The text incorporates newspaper headlines, stock tickers, and financial data to create a clear picture of how events unfolded hour by hour.
Historical context frames the crash within the larger story of 1920s America, including the decade's economic boom and widespread stock market speculation. The book traces the actions of major financial figures and institutions as they attempted to prevent or respond to the crisis.
This examination of the 1929 crash reveals enduring patterns in financial markets and human behavior, documenting how mass psychology and economic forces can combine with devastating effects. The story serves as both a specific historical account and a broader commentary on capitalism and crisis.
👀 Reviews
Readers consider this a clear explanation of complex financial events for middle-grade and high school students. The book breaks down stock market concepts through real people's stories and includes period photos and newspaper headlines.
Likes:
- Makes 1929 crash understandable for young readers
- Strong visuals and primary sources
- Personal narratives of investors and bankers
- Clear explanations of market mechanics
- Ties historical events to modern implications
Dislikes:
- Some found the daily timeline structure repetitive
- A few readers wanted more depth on international impacts
- Technical terms can overwhelm younger readers
Ratings:
Goodreads: 3.9/5 (328 ratings)
Amazon: 4.4/5 (41 ratings)
"Perfect for teaching middle schoolers about economics without boring them," noted one teacher on Goodreads. Another reviewer appreciated how it "connects past financial mistakes to present-day market risks."
The book won the Robert F. Sibert Honor Book award for informational books for young readers.
📚 Similar books
The Great Depression: A Diary by Benjamin Roth
A firsthand account from a lawyer who documented the financial devastation and human impact of the 1929 crash through the 1930s.
Lords of Finance: The Bankers Who Broke the World by Liaquat Ahamed The story of the four central bankers whose decisions in the 1920s contributed to the financial collapse and subsequent Great Depression.
When Washington Shut Down Wall Street by William L. Silber A detailed examination of Treasury Secretary William McAdoo's actions during the 1914 financial crisis that prevented a Wall Street collapse.
The Panic of 1907 by Robert F. Bruner, Sean D. Carr The chronicle of the banking crisis that led J.P. Morgan to rescue the stock market and prompted the creation of the Federal Reserve.
The Great Crash 1929 by John Kenneth Galbraith A systematic breakdown of the events, decisions, and market mechanisms that triggered the most famous stock market crash in history.
Lords of Finance: The Bankers Who Broke the World by Liaquat Ahamed The story of the four central bankers whose decisions in the 1920s contributed to the financial collapse and subsequent Great Depression.
When Washington Shut Down Wall Street by William L. Silber A detailed examination of Treasury Secretary William McAdoo's actions during the 1914 financial crisis that prevented a Wall Street collapse.
The Panic of 1907 by Robert F. Bruner, Sean D. Carr The chronicle of the banking crisis that led J.P. Morgan to rescue the stock market and prompted the creation of the Federal Reserve.
The Great Crash 1929 by John Kenneth Galbraith A systematic breakdown of the events, decisions, and market mechanisms that triggered the most famous stock market crash in history.
🤔 Interesting facts
🌟 Author Karen Blumenthal worked as a financial journalist for The Wall Street Journal for over twenty years before writing books for young readers.
📈 The book uses actual newspaper headlines, photographs, and first-hand accounts to bring the dramatic events of the crash to life.
💰 The total loss on "Black Tuesday" (October 29, 1929) was estimated at $14 billion - an amount that would equal more than $200 billion today.
🏦 Before the crash, banks were lending as much as 90% of the money needed to buy stocks, meaning investors only needed to put down 10% of their own money.
📉 The Dow Jones Industrial Average didn't return to its pre-crash peak of 381 points until 1954 - a full 25 years after the crash.