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Recession

Larry Summers says the Fed has inflation on the ropes, calls out crypto frauds, and bemoans the debt-ceiling fiasco. Here are the ex-Treasury chief's 12 best quotes from a new interview.

Fri, 04/21/2023 - 07:18
Tech Insider : Crypto
Larry Summers
Larry Summers.

NICHOLAS KAMM/AFP via Getty Images

Markets, MI Exclusive, Stocks, Larry Summers, US Treasury, US Markets and Economy, Inflation

US stocks fall as weakening data suggests recession coming for the economy

Thu, 04/20/2023 - 16:06
Tech Insider : Economy
Traders NYSE

(Photo by Scott Heins/Getty Images)

Markets, MI Exclusive, Stock market news today, stock market news, Stock Market, Markets Wrap, Dow Jones Industrial Average

The US economy is facing the ultimate 'trilemma' as the Fed desperately tries to get inflation down, Mohamed El-Erian says

Thu, 04/20/2023 - 15:39
Tech Insider : Economy
Mohamed El-Erian
Mohamed El-Erian

Mohamed El-Erian

Markets, MI Exclusive, Stocks, Stock Market Outlook, Investing Outlook, Inflation, Recession

Up to 40% of the US economy is set to be squeezed by tighter financial conditions as credit crunch worsens, strategist says

Thu, 04/20/2023 - 11:40
Tech Insider

Th

sad NYSE trader

REUTERS/Brendan McDermid

Markets, MI Exclusive, Credit Crunch, bank crisis, US Economy and Markets, Recession, Interest Rates

Ray Dalio says the financial system will need 'big restructurings' soon as debt burdens become unsustainable

Thu, 04/20/2023 - 10:52
Tech Insider
Bridgewater founder Ray Dalio gestures in front of a gray background.
Ray Dalio.

Brendan McDermid/File Photo/Reuters

Markets, MI Exclusive, Ray Dalio, economic outlook, Market Outlook, economic cycle, Recession

Warren Buffett's former deputy slams crypto and meme stocks, heralds AI's 'iPhone moment,' and flags big risks to commercial real estate. Here are the 6 best quotes from her annual letter.

Thu, 04/20/2023 - 09:53
Tech Insider : Crypto
Tracy Britt Cool, Berkshire Hathaway
Tracy Britt Cool.

Paul Morigi/Getty Images

Markets, MI Exclusive, Stocks, Tracy Britt Cool, Kanbrick, Warren Buffett, Berkshire Hathaway

Elon Musk predicts a year of 'stormy weather' for the US economy - and warns Tesla faces a raft of headwinds

Thu, 04/20/2023 - 06:59
Tech Insider
Elon Musk attends The 2022 Met Gala Celebrating
Elon Musk.

Theo Wargo/WireImage

Markets, MI Exclusive, Stocks, Elon Musk, tesla, Electric Vehicles, Autos

Commercial real estate faces a brutal combo of higher rates, tighter lending, and looming debts - and the fallout could be disastrous, Goldman strategist says

Wed, 04/19/2023 - 11:42
Tech Insider
miami real estate
Commercial real estate in Miami.

Carlos Barria/Reuters

Markets, MI Exclusive, Stocks, Banking Crisis, Bank failures, Silicon Valley Bank, SVB

The banking fiasco sent shockwaves through markets - and now threatens to curb growth and lending, Goldman CEO David Solomon says

Wed, 04/19/2023 - 07:43
Tech Insider
David Solomon
David Solomon.

REUTERS/Danny Moloshok

Markets, MI Exclusive, Stocks, Goldman Sachs, David Solomon, Banking Crisis, Bank failures

Bank of America CEO Brian Moynihan says inflation signs are 'tipping down,' but there's still a mild recession headed for the US economy

Tue, 04/18/2023 - 15:28
Tech Insider
Brian Moynihan
Bank of America CEO Brian Moynihan.

Shannon Stapleton/Reuters

Markets, MI Exclusive, Bank stocks, Stock Market Outlook, Brian Moynihan, Bank of America, BOFA

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