GDP

Investors want to reduce risk in China more than anywhere else as it's in a 'no landing zone' with the US, JPMorgan says

Tech Insider : Politics
Cutout of Joe Biden and Xi Jingping facing each other with a ripped split down the middle.

Lintao Zhang/Getty; Anna Moneymaker/Getty; Katsumi Murouchi/Getty; Anna Kim/Insider

Russia's economy is hurting - and a new wave of EU sanctions aimed at crippling its 'war machine' are coming. Here are 6 key developments in the past week.

Tech Insider
Russian President Vladimir Putin in Moscow, Russia on March 30, 2023.
Russian President Vladimir Putin.

Gavriil Grigorov/Sputnik, Kremlin Pool Photo via AP

Russia's war economy isn't as resilient as reports would have you believe

Tech Insider

Happy Friday, team. I'm Phil Rosen. This week we've seen a storm of economic data in the US. 

The alphabet soup of readings — CPI, PPI, and jobless claims — all point to cooling inflation and a softening labor market. 

In theory, that's good news for the Fed, because it suggests its policy is working. 

Russia's economy is becoming more 'primitive' and war could push it to the same fate as the Soviet Union, says economist targeted by Moscow

Tech Insider
Putin rides a train
Russian President Vladimir Putin rides a suburban train in Moscow, Russia, in November 2019.

Alexei Druzhinin, Sputnik, Kremlin Pool Photo via AP)

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

Tech Insider
Brian Moynihan

REUTERS/Arnd Wiegmann

Artificial intelligence is on the brink of an 'iPhone moment' and can boost the world economy by $15.7 trillion in 7 years, Bank of America says

Tech Insider
Artificial intelligence ChatGPT AI iphone markets investing stocks
AI is on the brink of an "iPhone moment," according to Bank of America.

imaginima/Getty Images

Soft, hard, or no landing at all: Here's what 5 Wall Street experts are saying about the fate of the US economy in 2023

Tech Insider
trader nyse pray

Getty Images / Bryan R. Smith

Russia says its economy did better than expected, one year into the Ukraine war. But experts say there's a red flag behind the announcement.

Tech Insider : Economy
Vladimir Putin smiles.
According to Russia's federal statistics service, the country's GDP contracted by 2.1% in 2022, better than previous estimates.

Sasha Mordovets/Getty Images

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

Tech Insider
david rosenberg
Economist David Rosenberg.

Screenshot via Bloomberg TV

I've been a Wall Street economist for 15 years. The deluge of crappy analysis being spouted by so-called 'experts' has never been worse.

Tech Insider : Economy
The Wall Street Bull stands to the left of the image, casting a long shadow in the shape of a roaring bear.
A new ecosystem of alarmist analysts is using low-quality data to push a narrative of stock market doom and recession gloom.

iStock; Robyn Phelps/Insider

If an 'expert' is warning you that the market is about to crash, check their math

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