Elite investor Grant Cardone predicts a historic real-estate slump will slash office and apartment values to bargain levels

Tech Insider : Economy, Economy
grantcardone
Grant Cardone.

Grant Cardone

Billionaire investor David Rubenstein says he doesn't think there'll be a recession in the next few quarters even amid the Fed's rate cut signal

Tech Insider : Economy, Economy
David Rubenstein, co-founder and co-chairman at Carlyle Group.
David Rubenstein, co-founder and co-chairman at Carlyle Group.

Julia Ewan/Washington Post/Getty Images

Shark Tank's Barbara Corcoran says you're 'dead wrong' if you try to wait for a better deal on the housing market

Tech Insider
Barbara Corcoran
Barbara Corcoran.

BI

The long, brutal reign of Wall Street's private-equity kings is over

Tech Insider : Economy
A business man in a coffin with money floating away from him
Private equity saw a decade-long boom, but in recent years both the market and American society have turned on Wall Street's buyout kings.

iStock; Rebecca Zisser/BI

The Fed surprised markets with a sharp pivot on 2024 rate cuts. Here's how Wall Street is changing its forecasts.

Tech Insider : Economy, Economy
NYSE trader worried
Investors are eagerly attempting to predict when the Fed could start cutting interest rates.

Lucas Jackson/Reuters

The housing market is seeing a resurgence as sinking mortgage rates unlock more inventory and sales

Tech Insider
Mortgage Rates
In this March 15, 2021 file photo, a sold sign stands in front of new home under construction in Houston. Mortgage rates remained near historic lows this week, Thursday, June 10.

AP Photo/David J. Phillip, File

Home prices are getting slashed as inventory climbs and high mortgage rates push sellers to compete for buyers, Zillow says

Tech Insider
house home price
Price cuts are more common than normal this time of year, Zillow said.

Jessica Rinaldi/Reuters

CHART OF THE DAY: There will be 152 rate cuts next year from central banks around the world, Bank of America says

Tech Insider : Economy, Economy
Interest rate cuts

Bank of America

America's office market will plunge another 20% in value next year and will take decades to climb back to its peak

Tech Insider
new york city manhattan skyline

Shoriful Chowdhury / Shutterstock.com

China's problems boil down to demand, derisking, demographics, and debt, economist says

Tech Insider : Economy
Xi Jinping
Xi Jinping makes a public pledge of allegiance to the Constitution at the Great Hall of the People in Beijing on March 10, 2023.

Xie Huanchi/Xinhua via Getty Images

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