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Warren Buffett's $168 billion cash pile signals he expects stocks to slide and a recession to strike, says top economist Steve Hanke

Wed, 02/28/2024 - 08:59

Tech Insider : Economy

Warren Buffett speaks onstage — Warren Buffett.
Paul Morigi/Getty Images

Markets, economy, mi-exclusive, Markets, Stocks, warren-buffett, berkshire-hathaway

Wall Street's next big bet could revolutionize homeownership

Wed, 02/28/2024 - 05:43

Tech Insider : Economy

Photo illustration of a mailbox with the wall street bull. — American homeowners saw the value of their houses boom over the past few years — and big Wall Street investors want in on the action.
PM Images/Getty Images; Jenny Chang-Rodriguez/BI

It was shortly before Christmas 2021 when Kennis Schummer received a letter that changed his life.

Real Estate, finance, economy, Discourse, Markets, wall-street, Homeowner

The odds of a US recession are 'vanishingly low,' Wells Fargo head macro strategist says

Tue, 02/27/2024 - 16:13

Tech Insider : Economy, Economy

Chances of a recession are — Chances of a recession are "vanishingly low"
Getty Images

economy, Markets, economy, Recession, recession-outlook, wells-fargo

Wait. Why is Reddit losing so much money?

Tue, 02/27/2024 - 15:11

Tech Insider

Reddit is losing money, it reports in its IPO documents. But why? It's at least partly because of R&D spending.

SOPA Images/Getty Images

Tech, Markets, Reddit, reddit-ipo, steve-huffman, twitter, x

The office market is so bleak that Canada's largest pension fund sold its stake in an NYC building for $1

Tue, 02/27/2024 - 15:03

Tech Insider

New York City at dusk. — A Canadian pension fund sold its stake in a New York office building for $1.
AerialPerspective Images

Real Estate, Markets, office, commercial-real-estate, real-estate, housing-market, office-market

Home prices continued to soar higher across the US in the 4th quarter

Tue, 02/27/2024 - 13:04

Tech Insider

A row or houses in Texas — While housing prices are significantly cheaper in Texas compared to California, property taxes are not.
Getty Images

Real Estate, Markets, real-estate, housing-prices, housing-affordability, home-price-appreciation, housing-values

'If you see a home you love, don't wait': How homebuyers should react to falling mortgage rates, according to Realtor.com

Tue, 02/27/2024 - 12:18

Tech Insider

A real estate agent holding a house key — Getty Images

Real Estate, Markets, Homebuyer, housing-market, mortgage-rates, housing-market-inventory, fed-interest-rates

5 indicators showing the economy isn't as strong as people think, according to top economist Dave Rosenberg

Tue, 02/27/2024 - 10:34

Tech Insider : Economy

David Rosenberg — CNBC

economy, Markets, us-economy-outlook, gdp-forecast, gdp-data, jobs-data, housing-starts

A hard-landing recession is guaranteed as the full impact of Fed rate hikes have yet to hit the economy, Morgan Stanley's chief economist says

Tue, 02/27/2024 - 10:18

Tech Insider : Economy, Economy

Market crash graphic — Market crash graphic
Getty Images

economy, Markets, Recession, recession-2024, recession-outlook, economy, us-economy-outlook

The 'Wizard of Wharton' says a tech bubble may be forming - and AI stocks like Nvidia could crash

Tue, 02/27/2024 - 10:11

Tech Insider

jeremy siegel point — Jeremy Siegel.
Getty Images

Markets, Tech, mi-exclusive, Markets, Stocks, jeremy-siegel, wharton-school-of-business

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