Bill Ackman predicts more pain for regional banks and commercial real estate, touts Elon Musk's X, and touches on AI and the federal debt in a new interview. Here are his 6 best quotes.

Tech Insider : Economy, Economy
bill ackman
Bill Ackman runs Pershing Square.

Shannon Stapleton/Reuters

US stocks rise but indexes head for weekly losses on rate fears

Tech Insider
US Federal Reserve Chair Jerome Powell
US Federal Reserve Chair Jerome Powell attends a press conference in Washington, DC, on March 22, 2023.

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US economy will 'hit a wall' by the spring – and inflation could spike again, warns 'bond king' Jeffrey Gundlach

Tech Insider : Economy, Economy
Jeffrey Gundlach
Jeffrey Gundlach is CEO of DoubleLine Capital.

Richard Drew/AP

Billionaire investor Leon Cooperman sees a recession and doesn't expect a new high in stocks for a long time

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Leon Cooperman

Reuters

The Fed could still kill off more zombie companies even after bankruptcies have spiked 54% since last year

Tech Insider : Economy, Economy
Recession slowdown spending consumer
The slowdown in consumer spending means companies earn less money, which makes their stock less attractive.

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Tech leads US stocks lower as Wall Street worries about path of interest rates

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People experience new products such as mobile phones, computers and TVS at the Apple flagship store in Xi 'an, Shaanxi province, June 3, 2023.
People test products at the Apple flagship store in Xi 'an, Shaanxi province, June 3, 2023. Apple stock fell Thursday on fears of China's crackdown on iPhone use.

Cang Hai/CFOTO/Future Publishing/Getty Images

Howard Marks warns more companies will default as they feel the full force of the Fed's inflation fight

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Howard Marks of Oaktree in front of an Oaktree label on a white filing cabinet.
Oaktree Capital Management cofounder Howard Marks.

K. Y. Cheng/South China Morning Post via Getty Images

Brace for stocks to crash 25% - and a recession to strike by spring, top economist David Rosenberg warns

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David Rosenberg
David Rosenberg.

CNBC

More companies are failing as the Fed's war on inflation weighs on businesses

Tech Insider : Economy, Economy
A Bed Bath & Beyond storefront with store closing signs advertising significant sales
The number of companies filing for bankruptcy rose again last month.

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US stocks fall as Fed comments and new data raise fear of more rate hikes

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Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, NY, U.S. November 18, 2016. REUTERS/Brendan McDermid
Traders work on the floor of the NYSE

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