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Déjà Vu, With Better Balance Sheets

Déjà Vu, With Better Balance Sheets

Episode 693 Published 11 months, 4 weeks ago
Description

For months, Wall Street has been running on an adrenaline rush. Now, the comedown has begun. After racing to record highs in October, U.S. markets have been jolted by a sudden case of vertigo. On Tuesday, the Nasdaq slid 2% - its worst day in nearly a month - as traders finally began to question whether artificial intelligence, the market's favorite miracle cure, might have been seriously overpriced. By Wednesday morning, futures hovered near zero. 

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