Smart Girl Dumb Questions Will the Market Crash in 2026? with Andrew Ross Sorkin
Jan 6, 2026
Andrew Ross Sorkin, a prominent journalist and author of '1929', dives into the potential parallels between today’s financial climate and the turbulent 1920s. He examines the booming market of 2026 and questions whether we’re in an AI bubble or simply experiencing a hype cycle. Sorkin discusses the implications of U.S. debt and the risks of modern financial products, while linking today’s FOMO-driven money culture with historical crises. Can history repeat itself? Tune in for an engaging exploration of economic uncertainty!
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John Raskob: Credit, Empire State, Weekend
- John Raskob invented consumer credit at General Motors, normalizing loans for cars and mortgages.
- He then became a financier, built the Empire State Building and advocated a five-day work week to boost consumption.
Private Markets Inflate Story Stocks
- Private markets create a "mark-to-make-believe" valuation gap because owners set prices without frequent trading.
- Story stocks—especially AI companies—depend on faith that future growth will justify today's lofty valuations.
Separate Durable Winners From Fads
- Watch for weak fundamentals and telecom-like breakdowns when a hot sector faces unsustainable infrastructure costs.
- Be cautious of blanket enthusiasm; separate durable winners from speculative "pets.com" stories.
