Stocks will drop as the economy is either about to enter a recession or the Fed is poised to keep rates higher for longer, Morgan Stanley CIO says

Tech Insider
trader upset angry sad nyse

Getty Images / Drew Angerer

Investors hoping for a rate cut from the Fed need to wake up to the fact that such a move would be bearish for stocks, JPMorgan's Marko Kolanovic says

Tech Insider : Economy
NYSE Trader
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., March 5, 2020.

Andrew Kelly/Reuters

Warren Buffett's Berkshire Hathaway just hosted its legendary annual investor weekend. Here's what to know.

Tech Insider

Welcome back, team. Phil Rosen here, reporting from New York. 

While I was enjoying NBA games and "Succession" this weekend, my colleague Theron Mohamed was rubbing shoulders and shaking hands with some of the world's top investors in Omaha for Berkshire Hathaway's annual shareholder meeting.

Before we get to the news, we've got a dispatch from Theron — our in-house Warren Buffett expert — on the legendary conference.

I spent hours trying Target's price-match guarantee and saved $2.83. It was a huge waste of time, and here's what I'd do instead.

Tech Insider
Selfie of Ananya at Target.
Selfie at Target

Ananya Vahal/Insider

Warren Buffett strikes a dour tone on the US economy, warning the easy-money era is over

Tech Insider
Warren Buffett
Warren Buffett.

Chip Somodevilla / Getty

Bitcoin could rally 40% by the end of the year, according to a top blockchain founder

Tech Insider

Welcome to the weekend. Phil Rosen here, writing to you from Manhattan. 

I'm somewhat of a skeptic when it comes to digital assets, but so far this year bitcoin's been the top performing asset by a landslide — it's up more than 73%.

I caught up with a blockchain executive to get the scoop on why that rally could see more upside as the economy slows down. 

Ballooning US debt is a big worry, stocks may get squeezed, and Warren Buffett's Occidental bet is a master stroke, veteran investor Tom Russo says

Tech Insider
warren buffett
Warren Buffett.

Alex Wong/Getty

The top commentators in markets say the bank crisis isn't anywhere close to over.

Tech Insider

Good morning to yet another day of the bank crisis. Phil Rosen here — can you believe it's been almost two months since Silicon Valley Bank collapsed? 

But here we are still talking about which banks could be next to fall. 

It will be 'really tough' for trucking companies to stay in business if things don't pick up by Memorial Day, says an American trucking association

Tech Insider
Cars and trucks move along the Cross Bronx Expressway, a notorious stretch of highway in New York City that is often choked with traffic and contributes to pollution and poor air quality on November 16, 2021 in New York City.
It will be 'really tough' for trucking companies to stay in business if things don't pick up by Memorial Day, says an American trucking association.

Spencer Platt/Getty Images

The White House warned that a debt ceiling crisis could be just as bad as the Great Recession — and there'd be no way for the government to help anyone out

Tech Insider : Economy, Politics
President Joe Biden.
President Joe Biden.

Kevin Dietsch/Getty Images

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