76-Carat Diamond Sells for $21.5M

A colorless 76.02 carat diamond sold last night in Switzerland for 20.4 million Swiss francs ($21.5 million) with fees, setting a record auction price per carat.
Equity Valuations Lofty, Earnings Lousy: Morganlander
59:14 - Stifel Nicolaus' Chad Morganlander and Bloomberg's Michael Regan discuss the global selloff in stocks with Bloomberg's Pimm Fox on "Taking Stock." (Source: Bloomberg)
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