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

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Steve Hanke Johns Hopkins finance class
Steve Hanke.

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Tesla's stock has almost erased last year's 65% plunge, just six weeks into 2023

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Elon Musk speaks during the official opening of the new Tesla electric car manufacturing plant on March 22, 2022 near Gruenheide, Germany
Tesla's share price has jumped over 63%

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US stocks drop as Fed officials reinforce Powell's hawkish tone

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Fed Chair Jerome Powell
Federal Reserve Board Chairman Jerome Powell speaks during a news conference after a Federal Open Market Committee meeting on December 14, 2022 in Washington, DC. The Federal Reserve announced that it will raise interest rates by a 0.5 percentage point to 4.5.

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AI stocks are soaring in a meme-like frenzy. Here's why investors won't have to rely on Reddit enthusiasm to sustain the rally.

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Artificial intelligence stocks have seen a spike in investor interest, like meme-stocks did in 2021.
The rise of ChatGPT has sparked a boom in AI-related stocks and chip-makers.

NurPhoto/Getty Images; Phil Rosen/Insider

Microsoft's rally on Bing's ChatGPT-style revamp brings market capitalization back above $2 trillion, rejoining Apple

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Satya Nadella, CEO of Microsoft.
Satya Nadella, CEO of Microsoft.

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Top Indian refiners are using the UAE's currency instead of the US dollar to buy Russian crude, report says

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Oil tanker

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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.

US stocks dip as investors further digest hawkish guidance from Fed Chair Jerome Powell

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Federal Reserve Chair Powell Speaks At The Brookings Institution
Jerome Powell

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'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

Tesla's stock is getting trounced by EV challenger Lucid, which is leading techs' 2023 rally thanks to Saudi takeover rumors

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Photo of Lucid Motors car in front of Lucid power plant and manufacturing car 4x3
Lucid Motors' share price has rallied 69% this year.

Lucid Motors; Reuters; Rachel Mendelson/Insider

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