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Lessons from ‘87: Bulls, Bears, & Crash-Tested Strategies 10/19/22

Lessons from ‘87: Bulls, Bears, & Crash-Tested Strategies 10/19/22

FromSquawk Pod


Lessons from ‘87: Bulls, Bears, & Crash-Tested Strategies 10/19/22

FromSquawk Pod

ratings:
Length:
33 minutes
Released:
Oct 19, 2022
Format:
Podcast episode

Description

It has been 35 years since the October 1987 Black Monday market crash, still the record for Wall Street’s worst single-day stock plunge: a 22.6% drop. Wall Street veteran and Merrill Wealth Management President Andy Sieg reflects on the lessons investors can glean from market history. State Department official, Special Presidential Coordinator for International Energy Affairs Amos Hochstein, discusses President Biden’s plan to release more crude oil from the U.S. Strategic Petroleum Reserve and the White House strategy to ease gas pricing pressures on American consumers. Plus, the IRS is answering inflation with changes to your tax bracket, and Netflix is taking a stand against excessive password-sharing…but how many shares are too many?  In this episode:Amos Hochstein, @amoshochsteinJoe Kernen, @JoeSquawkAndrew Ross Sorkin, @andrewrsorkinBecky Quick @BeckyQuickKatie Kramer, @Kramer_Katie
Released:
Oct 19, 2022
Format:
Podcast episode

Titles in the series (100)

Squawk Pod is a daily, guided curation of the top moments and takeaways from CNBC’s flagship morning show, “Squawk Box”, anchored by Joe Kernen, Becky Quick and Andrew Ross Sorkin. Each day, the podcast includes news making interviews, perspective and analysis from iconic guest hosts, and slices of debate and discussion—from the heated to the hilarious— all wrapped with exclusive context and color from Senior Producer Katie Kramer.