Overview

• In a 60 Minutes interview that aired Oct. 12, Sorkin said a crash is inevitable though its timing and depth are uncertain, ahead of his Oct. 14 book release on the 1929 collapse.
• Sorkin argued that heavy investment in artificial intelligence has given the economy an artificial lift and that current stock prices may be unsustainable.
• He pointed to what he describes as lighter SEC enforcement and a weakened Consumer Financial Protection Bureau as factors increasing risk to households.
• He highlighted a push to broaden access to riskier assets, noting BlackRock CEO Larry Fink’s support for opening 401(k)s to private investments and adding crypto as a portfolio alternative.
• He framed recent market swings as policy-sensitive, citing 2025 gains alongside tariff-driven drops, including Friday’s selloff on a 100% China tariff threat and a jump in futures after the president signaled de-escalation.