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: S&P 500 reclaims 4,000 mark, stocks end higher ahead of Fed rate decision

MarketWatch

The S&P 500 on Tuesday posted its highest close since the collapse of Silicon Valley Bank earlier this month, which sent shockwaves through financial markets and raised concerns about the stability of the U.S. banking system.

Banking 75
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Transcript: Jawad Mian

The Big Picture

I started my career as a bank teller, but fell in love with markets. And so for the longest time, I actually thought that my unconventional background, I wasn’t an Ivy League student, I didn’t train at an investment bank, I wasn’t working for a hedge fund, I started my career as a bank teller.

Marketing 130
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Transcript: Armen Panossian

The Big Picture

But here you have the guy who is part of the team running the fund day-to-day, right into the teeth of the collapse of the financial markets. Not, not terribly busy in 2007 to be honest, but in 2008, 2009, 10, it was by far the busiest time in my career in investing. In the great financial crisis. That had mismatched assets.

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