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'Shark Tank' investor Kevin O'Leary says it's weird there's no recession yet - and predicts mortgage rates will exceed 8%

Thu, 08/31/2023 - 05:24

Tech Insider : Economy, Economy

kevin o'leary — Kevin O'Leary.
REUTERS/ Gus Ruelas

economy, economy, kevin-oleary, housing-market, house-prices, federal-reserve, us-markets-and-economy

S&P 500 hits 4-day win streak as US stocks climb after ADP report shows job growth slowing

Wed, 08/30/2023 - 16:05

Tech Insider

An American flag hangs behind traders working on the floor of the New York Stock Exchange (NYSE) on October 11, 2019 in New York City. — An American flag hangs behind traders working on the floor of the New York Stock Exchange (NYSE) on October 11, 2019 in New York City.
Drew Angerer/Getty Images

Markets, mi-exclusive, Markets, stock-market-news-today, labor-market, Jobs, JOLTS

US stocks climb on fresh signs the labor market is cooling

Wed, 08/30/2023 - 09:35

Tech Insider

trader nyse look up — Michael M. Santiago/Getty Images

Markets, mi-exclusive, Markets, stock-market-news, Stocks, Jobs, labor-market

Expect stocks to plunge at least 10% once investors price in the risk of recession, one strategist says

Wed, 08/30/2023 - 08:45

Tech Insider

traders — Stocks could plunge by 10% or more once investors start pricing in the risk of recession, Key Advisors' Eddie Ghabour says.
Brendan McDermid/Reuters

Markets, mi-exclusive, Markets, Stocks, stock-market-outlook, us-markets-and-economy, Inflation

These 3 charts show Americans aren't feeling great about the economy

Tue, 08/29/2023 - 15:03

Tech Insider : Economy, Economy

new york city streets — Kike Calvo/AP

economy, Markets, economy, Markets, consumer-confidence, household-wealth, Consumers

Stocks are poised to tumble - and many Americans are 'prisoners in their own homes' after mortgage rates soared, top economist David Rosenberg says

Tue, 08/29/2023 - 10:48

Tech Insider

David Rosenberg — David Rosenberg.
Rosenberg Research & Associates

Markets, mi-exclusive, Markets, Stocks, stock-market-outlook, Inflation, Recession

Tech stocks will start rallying again soon thanks to the AI 'tidal wave', Wedbush says

Tue, 08/29/2023 - 05:19

Tech Insider

People walk near the Nasdaq building in Times Square on January 24, 2023 — Tech stocks will likely carry on racking up gains thanks to AI, according to Wedbush.
(Photo by Eduardo MunozAlvarez/VIEWpress)

Markets, mi-exclusive, Markets, Stocks, tech-stocks, Wedbush, nvidia

US stocks trade higher as China tries to bolster markets and traders await economic data

Mon, 08/28/2023 - 09:44

Tech Insider

Xi Jinping — Chinese President Xi Jinping
Sergei Chirikov/AP Images

Markets, mi-exclusive, daily-market-wrap, China, emerging-markets, Beijing, Stimulus

Wall Street's top strategists say this year's stock market rally is probably over

Fri, 08/25/2023 - 14:04

Tech Insider

The stock market rally for 2023 could be over now, according to Wall Street's top strategists. — The stock market rally for 2023 could be over now, according to Wall Street's top strategists.
Scott Heins / Stringer, Getty

Markets, mi-exclusive, Markets, stock-market-rally, stock-market-outlook, federal-reserve, fed-policy

The Fed isn't done fighting inflation — but it'll ensure its next big decision won't bring 'unnecessary harm' to consumers

Fri, 08/25/2023 - 12:05

Tech Insider : Economy, Politics, Politics

Jerome Powell — Federal Reserve Chairman Jerome Powell participates in a meeting of the Financial Stability Oversight Council at the U.S. Treasury on July 28, 2023 in Washington, DC.
Kevin Dietsch/Getty Images

economy, politics, Policy, politics, jerome-powell, federal-reserve, jackson-hole-symposium

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