Andrew Ross Sorkin on Wall Street’s Troubling Parallels to the 1929 Market Crash
In a compelling segment featured on “60 Minutes,” renowned author and financial journalist Andrew Ross Sorkin shares his concerns about the current state of Wall Street, drawing striking comparisons to the pre-crash environment of 1929. While the stock market has seen a recent rally, Sorkin warns that the underlying conditions—characterized by rising valuations and excessive speculation—might signal an impending downturn.
Sorkin raises critical questions about the potential timeline for a market correction and the severity of its impact. As he navigates through historical data and present-day trends, viewers are left pondering the fate of the economy and their investments in an atmosphere that echoes the warnings of the past.
This gripping discussion not only illuminates the fragility of the modern financial landscape but also emphasizes the importance of historical context in understanding today’s economic realities. Tune in to grasp the potential risks ahead and the echoes of history that might be shaping our financial future.
For more insights and analysis on this pressing issue, watch the full segment on “60 Minutes” and stay updated with the latest in finance, economy, and more.
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Video “Andrew Ross Sorkin on worrying similarities between Wall Street today and 1929's pre-crash market” was uploaded on 10/13/2025 to Youtube Channel 60 Minutes


































He’s an entertainer… that doesn’t mean he’s wrong, only that he knows how to see what people want and cash in on it.
This economy sucks
Is it just me or his left eye looks like a snake eye!
Bitcoin is no where even close to gold, gold has intrinsic and tangible value, bitcoin is like the electronic version of the dollar, backed by nothing but faith.
If you’re going to trade crypto, you might as well just trade paperclips. Literally the same thing, except paperclips actually do something.
BlackRock con man has the same sociopathic disregard for the working mans' interests as does Trump. They're breaking all the checks and balances that have long prevented the exploitation, manipulation, and ultimate annihilation of the middle & lower classes. These are deadly dangerous men.
So, the government created so-called guardrails to “PROTECT” us from ourselves (risky investments), yet it never pushed for universal financial literacy programs. While politicians claimed to be protecting us, they were really protecting their own power, keeping citizens uneducated and dependent, all while investing with insider knowledge. These so-called protections are pure nonsense. The government isn’t here to protect us, it’s here to control us. What we need is fewer restrictions and more education. Thankfully, people are now able to educate themselves more than ever. Capitalism has always been the key, we’ve just been told it isn’t by the few that want to control all the power.
Anyone else notice his left eye?
I'm starting to think the reptilians are real.
I work in the industry and im nervous as hell.
The common denominator? It's still ran by a bunch of crooks
So 10 days later? 😂 fake news
There is a word for it: schemes. It's that simple. 2008…,let's leverage the housing market…,let's come up with some great schemes to "securitize" the bad risk of overconfidence in the housing market…,the major banks made up ELABORATE schemes…,wow did they go upside down….,funny thing…,the small guy walks away in crutches and the big boys have martini's at lunch ('cause they have plenty of free time).
I am actually in awe that the guy knows much about economy and money circulation but still supports the US' funding in the Gaza genocide!!! Does money come for free???? Meanwhile, Larry Fink, the CEO of Blackrock definitely giving duplicitous opinion!
What’s the market doing today 10/23/25 oh up up up up and away. 60 minutes you’re a joke.
Sorkin: “I can assure you we will have a crash..I can’t tell you when”… what he could also say is even if it’s during (god forbid a Democrat administration) CBS and the left will blame it on Trump, even if it’s 30 years from now when he is long gone
Capitalism is the most corrupt form of societal scam ever to exist. and the political elites on both side (but GOP are worst) keep pushing this narrative. Remember 2008? Remember the Wall Street Protests? Sound familiar?
We told you this system was rigged when I was in school (2008), guess we’re all in the drum circle when you’re broke too. Welcome comrades
Wait! Isn’t she a fraud? Thought she lied to Trumps face.
Sorry, but I gotta say it. What’s with the reptilian eyes? 😂
New form of taking on debt called…. Fractional shares.
Fink and his billionaire cohorts just want your retirement account!
Can someone please explain his left eye? Lie to me, I don't care. Doesn't look like a human eye
The point of retirement is to not worry about finances. Like Reagan – who got rid of corporate pensions for a safe and secure retirement, and left the American worker to try to manage, then live off of their losing 401K's, which have been a disaster – these vultures want more of our retirement money in riskier investments, but who will bail out the worker when the market crashes again and workers lose their whole retirement savings? Even Obama bailed out the banks first because it's always banks and corporations first. The wealthy will reap the rewards off of the money the workers lose. Folks, put your money in index funds, CD's, or treasury certificates, do not go into debt, live minimalisticaly, and enjoy your retirement. Without the ability to control the algorithms, the markets are a losing proposition, like gambling.
So far, all Market Crashes= "RECOVER" and reach "NEW HIGHS".
Haven't read it yet. But I have been noticing for quite a while about the similarities of our economics of 100 years ago and now. Also noticed how similar our political scene is compared to Germany 100 years ago. Scary, huh?
8:31 that's it, i'm shorting more.
private equity can go south as well, imagine how many companies failed for every success story like Uber, institutional investors and elites don't mind losing some in a gamble like, retail invesots and average Joe people with their 401k can afford to lose in those highly risky movements? I hardly think so, it's fair besides they don't have those features in mind, not because they'r dumb but perhaps they don't have the time or the proper guidance to understand how different is the private equity from public companies that publish every result, i'm not even in the U.S. and I've been investing during the last five years I don't like that option, I disagree, private equity is so shady it can even conduct to more people being victims of scams