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From:
Fortune
(Uncensored)
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Stock market crash today looks like 1987, Wall Street veteran says | Fortune
https://fortune.com/2024/08/05/stock-market-crash-1987-recession-outlook-financial-panic-federal-reserve-rate-cuts-liquidity/
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“We had a crash in the stock market—that basically all occurred in one day—and the implication was that we were in, or about to fall into, recession. And that didn’t happen at all.”