Stocks may crash 30% and the US economy could suffer a 2008-style collapse as the 'everything bubble' bursts, expert says

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Stephanie Pomboy
Stephanie Pomboy.

John Lamparski/Getty Images

Dollar slumps as banking crisis chips away at its haven status and makes further Fed rate hikes a coin flip

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Vanishing dollar bill
The US Dollar slumped as the regional banking crisis rattled markets.

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Bill Ackman warns the US economy is heading for a 'train wreck' as the Fed hikes interest rates again

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Bill Ackman
Bill Ackman.

Reuters/ Eduardo Munoz

Coinbase says it could get sued by the SEC, which has identified 'potential violations of securities law' at the exchange

Tech Insider : Crypto
Coinbase and Bitcoin
Coinbase is the largest crypto exchange in the US.

SOPA images

Former Treasury Secretary Larry Summers says more rate hikes may be needed to kill inflation despite a banking crisis

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larry summers
Harvard University President Emeritus Larry Summers.

REUTERS/Jonathan Ernst

Elon Musk jokes ChatGPT 'couldn't do worse' than Jerome Powell as he slams the Fed's latest rate hike

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Elon Musk
Elon Musk joked ChatGPT "couldn't do worse" than Fed boss Jerome Powell.

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Nvidia stock rides the 'iPhone moment of AI' to add $87 billion in market cap through the banking crisis

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Nvidia CEO Jensen Huang, speaks at the 2018 Nvidia GPU conference in San Jose, California, U.S. March 27, 2018. REUTERS/Alexandria Sage
Nvidia CEO Huang, speaks at the 2018 Nvidia GPU conference in San Jose

Thomson Reuters

PacWest falls 17% as the California bank borrows cash following a 20% drop in deposits

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A photo illustration of PacWest's logo. Pacific Western Bank is a California-based lender.
Regional banks like PacWest have been hit with deposit outflows.

Photo Illustration by Pavlo Gonchar/SOPA Images/LightRocket via Getty Images

Dow sinks more than 500 points after Fed delivers soft rate hike but Powell pushes back on expectations of cuts this year

Tech Insider : Economy
US stock market traders
Friday's inflation print shocked investors.

Xinhua News Agency/Getty Images

The banking crisis is not over and more pain is coming for the stock market, CEO of the largest publicly-traded hedge fund says

Tech Insider
Luke Ellis
Luke Ellis

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