The US economy is headed for a hard landing as the banking crisis makes a recession more likely - and traders should avoid risk, JPM's quant guru says

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Trader NYSE
A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., March 5, 2020.

Andrew Kelly/Reuters

Elon Musk urges the Fed to reverse course in its inflation fight, as he fears the banking crisis is hitting the US economy

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Elon Musk
Elon Musk.

Patrick Pleul/picture alliance via Getty Images

Goldman Sachs slashes its oil price target as banking fiasco boosts recession fears

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Goldman Sachs traders work on the floor of the New York Stock Exchange in New York, Monday, March 7, 2011.

Ramin Talaie/Corbis/Getty Images

'Dr. Doom' economist Nouriel Roubini says the US banking system is in a dangerous position and the Fed can't win no matter what it does with rates

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nouriel roubini
Nouriel Roubini

AP Images

UBS is set to buy Credit Suisse for $3.2 billion. The megadeal could make the banking crisis worse.

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UBS acquiring Credit Suisse has major implications for markets and the US economy.

Mike Segar/Reuters

UBS is officially buying Credit Suisse in a historic rescue deal. This is how we got here.

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Credit Suisse's stock is plunging as investors fear a banking crisis.

AP Photo/Schalk van Zuydam

Here's why the Silicon Valley Bank crash has made a recession much more likely in 2023

Tech Insider : Economy
stock market crash

Spencer Platt/Getty Images

A millennial who became a millionaire after the 2008 crash says building wealth is about more than opportunistic investing. You also have to make lifestyle changes and load up on side hustles.

Tech Insider : Economy
Grant Sabatier sitting in a room.
Grant Sabatier, the author of "Financial Freedom."

Courtesy of Grant Sabatier

Brace for a 'crash landing' as the US economy barrels toward recession, top economist David Rosenberg warns

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David Rosenberg
David Rosenberg.

Rosenberg Research & Associates

Everything you need to know to catch up on Silicon Valley Bank, Credit Suisse, and the trouble rattling the financial world

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Happy Saturday readers. I'm Phil Rosen. "Happy" is used loosely here, as the past week has been defined by chaos and uncertainty across the banking system. 

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