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Economic Downturn

Investors should sell the S&P 500 above this key level as earnings defy expectations but 'economic ambiguity' persists, Bank of America says

Fri, 04/28/2023 - 12:44

Tech Insider : Economy

Traders work on the floor of the New York Stock Exchange. — Traders work on the floor of the New York Stock Exchange.
Michael M. Santiago/Getty Images

Markets, MI Exclusive, Stocks, S&P 500, economy, Stock markets, Equities

I'm a tech worker whose job offer got rescinded. Looking back, I might have overlooked some red flags about the company.

Wed, 03/22/2023 - 05:00

Tech Insider

A man waves a red flag on an empty white landscape — Sometimes it's easy to miss red flags.
Andy Ryan/Getty Images

Careers, Nordic, Tech, Economic Downturn, rescind job offer, Job Interview, "Red Flags"

The US is heading for a credit crunch and now is the time to buy gold and bitcoin, Galaxy CEO Mike Novogratz says

Wed, 03/15/2023 - 13:09

Tech Insider

Mike Novogratz — Lucas Jackson/Reuters

Markets, MI Exclusive, Mike Novogratz, Silicon Valley Bank, SVB, Signature Bank, Silvergate Bank

Bank of America CEO Brian Moynihan says the US will enter a recession in the 3rd quarter of this year

Tue, 03/07/2023 - 10:18

Tech Insider

Brian Moynihan — REUTERS/Arnd Wiegmann

Markets, MI Exclusive, recession warning, Brian Moynihan, Bank of America, recession prediction, US economic outlook

The US maintaining strong growth is a fairy tale and the economy doesn't have a 'get out of jail free card' that can help stave off a slowdown, economist David Rosenberg says

Tue, 02/21/2023 - 11:48

Tech Insider

david rosenberg — Economist David Rosenberg.
Screenshot via Bloomberg TV

Markets, MI Exclusive, Recession, recession prediction, US economic outlook, no landing, soft landing

The US economy will be on the verge of recession for the next two years, JPMorgan Asset Management chief strategist says

Fri, 02/10/2023 - 13:04

Tech Insider

Traders work on the floor of the New York Stock Exchange (NYSE) — Traders work on the floor of the New York Stock Exchange (NYSE)
Spencer Platt/Getty Images

Markets, MI Exclusive, US economic outlook, Recession, recession prediction, Fed, Inflation

The Fed has caused a recession every time it's tried to weaken the labor market, and a 'soft-landing' of the economy is unlikely, former New York Fed chief Bill Dudley says

Wed, 02/08/2023 - 15:48

Tech Insider

Powell — Jerome Powell testifies before the Senate Banking, Housing and Urban Affairs Committee on his nomination to become chairman of the U.S. Federal Reserve in Washington, U.S., November 28, 2017.
Reuters/Joshua Roberts

Markets, MI Exclusive, Recession, US economic outlook, fed inflation, Fed rate hikes, interest rates outlook

Nobel economist Paul Krugman says doomsday economic predictions were wrong, and the Fed risks a recession if it tries to respond to 'imaginary' stagflation

Tue, 02/07/2023 - 09:58

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Paul Krugman — BI

Markets, MI Exclusive, US Recession, Recession, Paul Krugman, fed inflation, falling inflation

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