The US economy will sink into a recession - and stocks will feel the squeeze, top economist Steve Hanke says

Tech Insider
Steve Hanke Johns Hopkins finance class
Steve Hanke.

Portia Crowe/Business Insider

A global recession could be coming - at least that's what commodity prices seem to say

Tech Insider

Happy Friday eve to the smartest corner of the internet. Phil Rosen here, writing to you from New York City. 

This week I've seen commentators draw comparisons between the current boom in artificial intelligence stocks and that of meme stocks two years ago. 

A millennial who got laid off from her dream job says she doesn't feel betrayed: 'The company has already moved forward and you need to do so too'

Tech Insider : Economy
Michelle Valera

Michelle Valera TikTok

The Fed has caused a recession every time it's tried to weaken the labor market, and a 'soft-landing' of the economy is unlikely, former New York Fed chief Bill Dudley says

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Powell
Jerome Powell testifies before the Senate Banking, Housing and Urban Affairs Committee on his nomination to become chairman of the U.S. Federal Reserve in Washington, U.S., November 28, 2017.

Reuters/Joshua Roberts

Oil and copper prices are weakening despite China's reopening. It's a sign a global recession is coming but liquidity issues may also be at play, economists warn.

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Copper
A worker ties copper wire rods before loading them onto a truck at the workshop of a company on January 29, 2023 in Huai'an, Jiangsu Province of China.

(Photo by Yin Chao/VCG via Getty Images)

Wharton professor Jeremy Siegel breaks down why he blames the Fed for inflation - and warns the central bank now risks tanking the economy

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jeremy siegel
Jeremy Siegel.

Steve Marcus/Reuters

  • Jeremy Siegel slammed the Fed for fanning inflation, and warned it may spark an avoidable recession.

'Big Short' investor Michael Burry compares the stock market's rally to the dot-com bubble - and hints he's bracing for an epic crash

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Dr. Michael Burry
Michael Burry.

Astrid Stawiarz/Getty Images

I've been a Wall Street economist for 15 years. The deluge of crappy analysis being spouted by so-called 'experts' has never been worse.

Tech Insider : Economy
The Wall Street Bull stands to the left of the image, casting a long shadow in the shape of a roaring bear.
A new ecosystem of alarmist analysts is using low-quality data to push a narrative of stock market doom and recession gloom.

iStock; Robyn Phelps/Insider

If an 'expert' is warning you that the market is about to crash, check their math

Americans are on track to see 'a significant decline in inflation' this year, Fed's Powell says

Tech Insider : Economy, Politics
Federal Reserve Chair Jerome Powell
Federal Reserve Board Chairman Jerome Powell speaks during a news conference after a Federal Open Market Committee meeting on February 01, 2023 in Washington, DC.

Kevin Dietsch/Getty Images

Nobel economist Paul Krugman says doomsday economic predictions were wrong, and the Fed risks a recession if it tries to respond to 'imaginary' stagflation

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Paul Krugman

BI

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