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Larry Summers

Larry Summers says increases in the Fed's preferred inflation gauge are `very troubling' as he warns of a likely recession

Mon, 02/27/2023 - 08:18

Tech Insider : Economy

Larry Summers — Lawrence Summers, then Director of President Barack Obama's National Economic Council, participates in a question-and-answer session during a luncheon with the Economic Club of Washington at the J.W. Marriott April 9, 2009 in Washington, DC.
Chip Somodevilla/Getty Images

Markets, MI Exclusive, Larry Summers, Inflation, Interest Rates, Recessions, Recession

ChatGPT could turn out to be hero for humanity or just a 'horrible product'. Here's what Elon Musk, Bill Gates and 10 heavyweights have to say on the red-hot AI.

Sat, 02/25/2023 - 05:00

AI robot — ChatGPT was founded by OpenAI last November.
Yuichiro Chino

Markets, MI Exclusive, ChatGPT, Artifical Intelligence, AI, Tech, Elon Musk

The US economy may be inching closer to the cliff edge given these 4 troubling signs, Larry Summers says

Fri, 02/24/2023 - 08:02

Tech Insider : Economy

larry summers — Former Harvard University President Lawrence H. Summers attends a session at the World Economic Forum (WEF) in Davos January 26, 2008.
REUTERS/Stefan Wermuth

Markets, MI Exclusive, Larry Summers, Wile E. Coyote, economy, Recession, Consumer spending

Larry Summers warns of an economic 'collision' ahead as the Fed's efforts to dim inflation aren't working as well as hoped

Mon, 02/20/2023 - 06:09

Larry Summers — Former US Treasury Secretary Larry Summers.
JIM WATSON/Getty Images

Markets, MI Exclusive, Stocks, Inflation, Recession, Larry Summers, Treasury Secretary Larry Summers

Larry Summers tells investors to brace for turbulence as Fed and inflation reality comes crashing in

Mon, 02/13/2023 - 11:04

Larry Summers — Former US Treasury secretary Larry Summers.
Michel Euler/AP Photo

Markets, MI Exclusive, Fed, Larry Summers, Treasury Secretary Larry Summers, Larry Summers financial markets, Inflation

Former Treasury Secretary Larry Summers compares falling inflation to a half-way healed 'infection' that could worsen if not treated properly

Thu, 02/09/2023 - 08:37

Tech Insider : Economy

Larry Summers — Former US Treasury secretary Larry Summers.
Michel Euler/AP Photo

Markets, MI Exclusive, Larry Summers, Treasury Secretary Larry Summers, Larry Summers financial markets, Inflation, fed inflation

Larry Summers said the Fed could pull off a soft landing but warned the US economy is still not 'out of the woods'

Mon, 02/06/2023 - 05:46

Lawrence Larry Summers — Former Treasury Secretary Larry Summers visits FOX Business Network at FOX Studios on January 30, 2015 in New York City.
Rob Kim/Getty Images

Markets, MI Exclusive, Larry Summers, Treasury Secretary Larry Summers, Inflation, fed inflation, Interest Rates

The economy is still at risk of a 'sudden stop' despite January's massive job growth, Larry Summers says

Fri, 02/03/2023 - 13:44

larry summers — Larry Summers
Hyungwon Kang/Reuters

Markets, MI Exclusive, Stock Market, Stock Market Outlook, Jobs Report, Federal Reserve, Larry Summers

Paul Krugman says he agrees with Larry Summers that the Fed has to walk a fine line in order to prevent widespread US economic damage

Mon, 01/30/2023 - 15:42

Nobel Prize winner Paul Krugman — Getty Images

Markets, MI Exclusive, Paul Krugman, Stocks, News, Investing, Trading

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