This isn’t a 2008-style financial crisis but stocks could still crash 25%, SoFi’s top strategist says

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Happy Saturday my friends. I'm Phil Rosen. Today I'm eager to share this week's conversation with a top investment strategist who's anticipating trouble ahead for the economy.

A top strategist explains how stocks could sink more than 25% in a recession - and warns markets are underestimating a key risk 'that can change on a dime'

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Liz Young SoFi Head of Investment Strategy
Liz Young, SoFi's Head of Investment Strategy

Courtesy of SoFi

Interest in 2nd passports among the uber-wealthy is at 'an all-time high' amid mounting political uncertainty, an investor network boss said

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Close-Up Midsection Of Woman Holding Passport
Rich investors increasingly want to get second passports, Bloomberg reported.

Greg Blomberg/EyeEm via Getty Images

Janet Yellen says she's 'concerned' about Silicon Valley Bank depositors and is trying to 'meet their needs'

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Janet Yellen
Treasury Secretary Janet Yellen.

Andrew Harnik/AP

I raised $9.75 million for my health and wellness company as a Black female founder. Here's how I did it and found the right investors.

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Vanessa Rissetto (left) and Tamar Samuels (right)
Vanessa Rissetto (left) and Tamar Samuels (right) cofounded Culina Health.

Lauren Anzevino

Here are the top ways the world's ultra-rich spent their money last year, including pouring $455 billion into commercial real estate

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money

Tanja Ivanova/Getty Images

The founder of the best-selling Black-owned spirit brand shares why she prefers to work with individual investors over VC firms and how they helped her reach $100 million in sales

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Fawn Weaver, founder and CEO of Uncle Nearest Premium Whiskey, stands against a fence outside
Fawn Weaver is the founder and CEO of Uncle Nearest Premium Whiskey.

Uncle Nearest

The success of resale businesses right now hinges on consumer costs, say the investors of 'Shark Tank'

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MARK CUBAN, ALAN YEOH, AMELIA TRUMBLE
Mark Cuban and the Retold Recycling cofounders closed a deal for $300,000.

Christopher Willard/Getty Images

Billionaire Grant Cardone says he and other real estate investors will 'save the day' and prevent a home price crash

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A home with a for sale sign.
Investor purchases of US homes fell significantly last quarter, according to Redfin.

Steve Pfost/ Getty Images

US stocks end mixed as Fed officials sound off on inflation fight and path of future rate hikes

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Traders work on the New York Stock Exchange floor.
Traders work on the New York Stock Exchange floor in New York City.

AP Photo/Ted Shaffrey

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