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US Economy and Markets

'Bond Kings' Bill Gross and Jeffrey Gundlach predict an imminent US recession as surging interest rates strangle growth

Fri, 03/24/2023 - 09:19

Tech Insider

Bill Gross — Bill Gross.
Jim Young/Reuters

Markets, MI Exclusive, Bonds, Bond King, Bill Gross, Jeffrey Gundlach, Billionaires

Steve Forbes says the Fed's stubborn rate hikes are trashing the US economy

Fri, 03/24/2023 - 08:14

Tech Insider : Economy

Steve Forbes — Chairman and Editor-in-Chief of Forbes Media Steve Forbes speaks during the Forbes' 2015 Philanthropy Summit Awards Dinner on June 3, 2015 in New York City.
Dimitrios Kambouris/Getty Images

Markets, MI Exclusive, Steve Forbes, US Economy and Markets, Inflation, Fed, economy

The economy is headed into a 'Bermuda Triangle' of risk that will bring on a crisis to rival 2008, 'Dr. Doom' economist Nouriel Roubini says

Thu, 03/23/2023 - 13:50

Tech Insider

Bermuda Triangle waves — Bermuda Triangle waves.
PHOTO JUNCTION/shutterstock

Markets, MI Exclusive, Nouriel Roubini, Financial Crisis, Dr. Doom Nouriel Roubini, US Economy and Markets, Recession

A recession could be postponed for years, and the stock market is poised for a big bounce after it gets through recent turmoil, Fundstrat says

Tue, 03/21/2023 - 10:50

Tech Insider

trader nyse point — Getty Images / Spencer Platt

Markets, MI Exclusive, Stock Market Outlook, Recession, Next recession, Bull Market, Bull Market forecast

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

Tue, 03/21/2023 - 08:09

Tech Insider

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

Markets, MI Exclusive, recession warning, Recession, Banking Crisis, us banking crisis, Silicon Valley Bank

Nobel economist Paul Krugman says the Silicon Valley Bank collapse has led to 'apocalyptic rhetoric' in markets, but almost none of it is true

Fri, 03/17/2023 - 09:23

Tech Insider : Economy

RTR31M2E — Paul Krugman.
REUTERS/Brendan McDermid

Markets, MI Exclusive, Paul Krugman, Silicon Valley Bank collapse, Silicon Valley Bank, SVB, Bailout

Citadel boss Ken Griffin thinks SVB's rescue package shows US capitalism 'breaking down before our eyes'

Tue, 03/14/2023 - 07:19

Tech Insider

FILE PHOTO: Ken Griffin, Founder and CEO, Citadel, speaks during the Milken Institute's 22nd annual Global Conference in Beverly Hills, California, U.S., April 30, 2019. REUTERS/Mike Blake — Ken Griffin, Founder and CEO, Citadel, speaks during the Milken Institute's 22nd annual Global Conference in Beverly Hills, California
Reuters

Markets, MI Exclusive, Ken Griffin, Citadel, Capitalism, US Economy and Markets, SVB

Bank of America CEO Brian Moynihan says the US will enter a recession in the 3rd quarter of this year

Tue, 03/07/2023 - 10:18

Tech Insider

Brian Moynihan — REUTERS/Arnd Wiegmann

Markets, MI Exclusive, recession warning, Brian Moynihan, Bank of America, recession prediction, US economic outlook

Americans are about to put the brakes on spending, and that's got Wall Street analysts on alert. Here's why, and what it means for stocks.

Sat, 03/04/2023 - 05:00

Tech Insider : Economy

Swiping a credit card — US consumer spending may be about to fall.
Getty Images

Markets, MI Exclusive, Stocks, us consumer spending, Federal Reserve, Interest Rates, US Economy and Markets

Dow jumps 387 points as US stocks snap weekly losing streak after rate fears ease

Fri, 03/03/2023 - 16:16

Tech Insider

Traders NYSE green — Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., March 20, 2020.
Lucas Jackson/Reuters

Markets, MI Exclusive, Stock market news today, Stock Rally, fed inflation, Fed rate hikes, rising interest rates

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