Andrew Ross Sorkin on worrying similarities between Wall Street today and 1929's pre-crash market

Andrew Ross Sorkin on worrying similarities between Wall Street today and 1929’s pre-crash market

After nearly a decade spent studying the most famous stock market crash in history, financial journalist Andrew Ross Sorkin warns that the Wall Street of today echoes the market of 1929, when highs preceded a massive slump, leading to the Great Depression. Artificial intelligence and technology have contributed to a remarkable boom in recent years….

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GS, JPM kick off the season

GS, JPM kick off the season

The latest earnings season is set to kick off in earnest, and the stakes are high. More than 30 S & P 500 companies are slated to release their calendar third-quarter results this week. Among them are Goldman Sachs, JPMorgan Chase and Bank of America. Johnson & Johnson are also on deck. Analysts on average…

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Client Challenge

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Jim Cramer sees brewing risk to stock market that is not US-China tensions

Jim Cramer sees brewing risk to stock market that is not US-China tensions

Stocks were brutalized Friday in a way we haven’t seen in ages. Everything except some downtrodden consumer packaged goods stocks, led by the resurgent PepsiCo , was slaughtered. The headwinds were enormous and came from disparate places. Bond yields came down huge, something that equity markets normally greet with tremendous relief and price-to-earning multiple expansion….

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