The End of an Era: GE Splits into 3 Companies
Tony Greer discusses the end of a conglomerate era as GE splits into 3 firms and analyzes the fall of the S&P 500.
Real Vision: Finance & Investing · Real Vision Podcast Network
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Show Notes
DB-Nov09,2021:What’s going on with General Electric? After a decade of being only a shell of its former self, the manufacturing giant founded by Thomas Edison is splitting up into three separate companies, each focused on aviation, health care, and energy. Tony Greer discusses why U.S. stocks suspended the longest rally since 2017 amid surging treasuries and why the S&P 500 collapsed for the first time in nine sessions. In other news, Greer analyzes why oil hit $84 a barrel as Bitcoin and Ethereum reached all-time highs. Interviewed by Ash Bennington. Want to submit questions? Drop them right here on the Exchange: https://rvtv.io/3BZQseq
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