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The US is 'playing with fire' as oil reserves plunge to a 40-year low, markets guru Larry McDonald says

Wed, 09/13/2023 - 04:52

Tech Insider : Economy

Biden — President Joe Biden speaks about his administration's plans to protect Social Security and Medicare and lower healthcare costs at the University of Tampa in Tampa, Fla., on February 9, 2023.
AP Photo/Patrick Semansky

Markets, mi-exclusive, Markets, Biden, biden-administration, Oil, strategic-petroleum-reserve

The US economy is riddled with green flags and is headed for an expansion, not a recession, according to Fundstrat's Tom Lee

Tue, 09/12/2023 - 10:24

Tech Insider : Economy

Tom Lee Fundstrat — Lee suggested the US would enter an expansion in 2023, thanks to five "green shoots" in the current economic data.
Photo by Cindy Ord/Getty Images for Yahoo

economy, Markets, mi-exclusive, us-economic-outlook, us-economy-outlook, Inflation, inflation-drop

A financial crisis is already baked-in due to the Fed's 'deranged' policy experiments, John Hussman says. Here are the bubble expert's top 9 quotes.

Fri, 09/08/2023 - 11:00

Traders 2008 — John Hussman hopes the "Federal Reserve learns the right lesson this time around."
(Photo by Mario Tama/Getty Images)

Markets, mi-exclusive, Markets, Traders, Stocks, stock-trading, john-hussman

The Fed won't raise interest rates this month but rising oil prices could spur a future increase, top economist Mohamed El-Erian says

Fri, 09/08/2023 - 04:19

Tech Insider : Economy, Economy

Mohamed El-Erian — Mohamed El-Erian
Shannon Stapleton/Reuters

economy, economy, us-economy-and-markets, mohamed-el-erian, mohamed-el-erian-inflation, inflation-fed, oil-prices

US gas prices soar to their highest seasonal level in a decade even as the summer driving season comes to a close

Wed, 09/06/2023 - 08:34

US gas prices — US gas prices have hit the highest seasonal levels in a decade.
JOSEPH PREZIOSO/Getty Images

Markets, mi-exclusive, Markets, us-gas-prices, gas-prices, Inflation, 2-inflation

Economist David Rosenberg says a recession will hit in 6 months. Here are his 7 best quotes from a new interview.

Mon, 09/04/2023 - 08:15

david rosenberg — Screenshot via Bloomberg TV

Markets, mi-exclusive, Markets, Recession, recession-outlook, economic-outlook, stock-market-outlook

US Stocks edge higher as traders wait for Powell's Jackson Hole speech

Fri, 08/25/2023 - 09:40

Federal Reserve Governor Jerome Powell attends the Federal Reserve Bank of Kansas City's annual Jackson Hole Economic Policy Symposium in Jackson Hole, Wyoming August 28, 2015. REUTERS/Jonathan Crosby — Federal Reserve Governor Jerome Powell attends the Federal Reserve Bank of Kansas City's annual Jackson Hole Economic Policy Symposium in Jackson Hole, Wyoming
Thomson Reuters

Markets, mi-exclusive, stock-market-news-today, daily-market-wrap, Powell, Fed, fed-jackson-hole

Former Treasury Secretary Larry Summers faces backlash from Jim Bianco, Paul Krugman for inflation 'chart crime'

Fri, 08/25/2023 - 07:07

Tech Insider : Economy, Economy

Larry Summers, former Treasury secretary — Former Treasury secretary Larry Summers
Robin Marchant / Getty Images

economy, economy, Markets, larry-summers, Fed, Inflation, fed-inflation

The 2023 stock market rally is over as the Fed isn't easing anytime soon and a hard landing of the economy is inevitable, JPMorgan's chief stock strategist says

Thu, 08/24/2023 - 15:26

Worried trader — The resilience of the US economy has only postponed the coming recession, JPMorgan's Dubravko Lakos-Bujas said.
AP/Richard Drew

Markets, mi-exclusive, stock-market-outlook, us-economic-outlook, Recession, stock-market-rally-2023, stock-selloff

Here's what Wall Street expects from Jerome Powell at Jackson Hole

Wed, 08/23/2023 - 15:31

Powell Jackson Hole — Federal Reserve policymakers including chairman Jerome Powell in Jackson Hole, 2022.
Amber Baesler/AP Photo

Markets, mi-exclusive, Markets, jackson-hole, jerome-powell, federal-reserve, Fed

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