Offbeat Wall Street

Ep.7: Bourne Identity - Has Wall Street Forgotten To Be Scared?

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Synopsis

The new Jason Bourne movie is coming out next week.  That got us thinking about amnesia...something Wall Street seems to have developed in recent weeks. A couple of weeks ago, investors were worried about a fragile economy, about Brexit and about looming interest rate hikes.  Now the stock market is hitting new highs.  Has Wall Street forgotten to be scared? While we're on the subject, we look at the phenomena of "corporate amnesia" and how to combat it.  We'll also look at some cases where an act of forgetfulness cost millions (and even billions) of dollars.  Not to mention people's lives.