Wall Street's recession forecasts for 2023 are wrong and the economy is poised to keep growing, Fed President James Bullard says

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james bullard

REUTERS/Brian Snyder

Nobel economist Paul Krugman says there's no real risk to the dollar - unless the US defaults on its debt

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Paul Krugman
Princeton economics and international affairs professor Paul Krugman listens during his introduction as the 2008 Nobel prize winner in economics at a new conference on the campus of Princeton University in Princeton, New Jersey.

Reuters/Tim Shaffer

Jamie Dimon says the banking chaos won't spark a 2008-style financial crisis - and Warren Buffett's $1 million offer should reassure depositors that their money is safe

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jamie dimon
JPMorgan Chase CEO Jamie Dimon.

Kimberly White/Getty Images

Markets are growing nervous over the prospect of a US default as debt ceiling deadline looms

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worried trader

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The S&P 500 will tank 27% at least, a recession will hit, and more financial disasters will happen, elite investor Jeremy Grantham says

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Jeremy Grantham.

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Generation Precarious: How young people wound up trapped in a volatile cycle of saving, spending, and debt that will haunt them for decades

Tech Insider : Economy, Politics
Man holding onto a dollar-sign shaped pendulum for dear life as it swings quickly back and forth
Just as previous generations' view of the world was defined by cataclysmic events, experts say that the financial scars of the pandemic era will stick with Gen Z and millennials.

Getty Images; Alyssa Powell/Insider

Who is Nouriel Roubini, Wall Street's 'Dr. Doom' economist who has warned of catastrophe for 2 decades?

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nouriel roubini
Nouriel Roubini, an economics professor, speaks at a panel discussion at the SALT conference in Las Vegas May 14, 2014.

Rick Wilking/Reuters

Economist who called 2008 crisis says more bank collapses are coming

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Raghuram Rajan

REUTERS/Adnan Abidi

These are the 8 best quotes from JPMorgan chief Jamie Dimon's latest shareholder letter

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Jamie Dimon

AP Photo

Nouriel Roubini says markets should brace for a meltdown as stressors lead to a 'doom loop' in the economy

Tech Insider : Economy
  • Nouriel Roubini says the economy is headed for a "doom loop".
  • That's due to three stressors in the economy, which will leave the Fed unable to fight a recession. 
  • Roubini, who called the 2008 downturn, has long warned of imminent financial chaos. 

Nouriel Roubini has more dire words of warning for the economy.  

"Dr. Doom" warned in a column this week that the US face a major financial crisis and the economy is entering what he calls a "doom loop".

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