) dropped after the release of its third quarter earnings. Investment banking revenue fell 27%, much more than its competition. Morgan Stanley CEO James Gorman blames, in part, economic headwinds and the Federal Reserve for the low performance. Yahoo Finance anchors Julie Hyman and Josh Lipton break down Morgan Stanley's performance as well as James Gorman's comments and upcoming departure.
There are 2 signs that stock market euphoria is mirroring past bubbles and could end badly for investors Stock Market Expert Predicts End-of-Year Rally — What Investors Can Do To Set Themselves Up for Success