History

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127

Apparently hitler's announcements were timed for stock market manipulation too (time.com)

submitted 2 days ago by ComradeRat@hexbear.net to c/history@hexbear.net

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https://web.archive.org/save/https%3A%2F%2Ftime.com%2Farchive%2F6820822%2Finternational-saturday-surprise%2F%20

So big today looms Adolf Hitler in the minds of Europe’s statesmen that Der Führer’s habit of always picking Saturday as the time suddenly to throw his weight about has caused the Continent’s major stock exchanges to remain closed every Saturday—just in case the No.1 Nazi should upset prices.

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[–] Mutalisk@hexbear.net 1 points 2 days ago* (last edited 2 days ago)

I found this paper on the German defaults of the 1930s that analyzes European economies between 1930 and 1939, and it notes that European stock exchanges were regularly opened on Satudays during that time, with the exception of the LSE (which had already stopped opening on Saturdays some time around 1917, started opening on Saturdays in 1931 as a trial and then reverted to the 5 day week in 1934):

There is also evidence of European stock exchanges being opened on Saturdays after the end of WW2 emilie-shrug