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Financial Crisis

Wall Street's recession forecasts for 2023 are wrong and the economy is poised to keep growing, Fed President James Bullard says

Tue, 04/18/2023 - 11:11

james bullard — REUTERS/Brian Snyder

Markets, MI Exclusive, Recession, recession 2023, recession outlook, Fed, fed inflation

Nobel economist Paul Krugman says there's no real risk to the dollar - unless the US defaults on its debt

Mon, 04/17/2023 - 10:34

Paul Krugman — Princeton economics and international affairs professor Paul Krugman listens during his introduction as the 2008 Nobel prize winner in economics at a new conference on the campus of Princeton University in Princeton, New Jersey.
Reuters/Tim Shaffer

Markets, MI Exclusive, Paul Krugman, Dollar dominance, US Dollar, Yuan, China

Jamie Dimon says the banking chaos won't spark a 2008-style financial crisis - and Warren Buffett's $1 million offer should reassure depositors that their money is safe

Mon, 04/17/2023 - 06:37

jamie dimon — JPMorgan Chase CEO Jamie Dimon.
Kimberly White/Getty Images

Markets, MI Exclusive, Stocks, Jamie Dimon, JPMorgan, Warren Buffett, Berkshire Hathaway

Markets are growing nervous over the prospect of a US default as debt ceiling deadline looms

Fri, 04/14/2023 - 14:56

worried trader — AP Photo

Markets, MI Exclusive, US debt limit, US debt ceiling, debt default, government default, US national debt

The S&P 500 will tank 27% at least, a recession will hit, and more financial disasters will happen, elite investor Jeremy Grantham says

Fri, 04/14/2023 - 06:51

GettyImages 1193640565 — Jeremy Grantham.
Boston Globe/Getty Images

Markets, MI Exclusive, Stocks, Jeremy Grantham, GMO, Stock Market Outlook, US Markets and Economy

Generation Precarious: How young people wound up trapped in a volatile cycle of saving, spending, and debt that will haunt them for decades

Mon, 04/10/2023 - 06:02

Tech Insider : Economy, Politics

Man holding onto a dollar-sign shaped pendulum for dear life as it swings quickly back and forth — Just as previous generations' view of the world was defined by cataclysmic events, experts say that the financial scars of the pandemic era will stick with Gen Z and millennials.
Getty Images; Alyssa Powell/Insider

economy, Discourse, politics, Personal Finance, Markets, Strategy, Careers

Who is Nouriel Roubini, Wall Street's 'Dr. Doom' economist who has warned of catastrophe for 2 decades?

Sun, 04/09/2023 - 08:30

nouriel roubini — Nouriel Roubini, an economics professor, speaks at a panel discussion at the SALT conference in Las Vegas May 14, 2014.
Rick Wilking/Reuters

Markets, MI Exclusive, Nouriel Roubini, Dr. Doom Nouriel Roubini, US economic outlook, Bear Market, Recession

Economist who called 2008 crisis says more bank collapses are coming

Thu, 04/06/2023 - 10:45

Raghuram Rajan — REUTERS/Adnan Abidi

Markets, MI Exclusive, Financial Crisis, Bank failures, us banking crisis, US banking system, SVB

These are the 8 best quotes from JPMorgan chief Jamie Dimon's latest shareholder letter

Tue, 04/04/2023 - 09:39

Jamie Dimon — AP Photo

Markets, MI Exclusive, Jamie Dimon, JPMorgan, Annual letter, Wall Street, bank crisis

Nouriel Roubini says markets should brace for a meltdown as stressors lead to a 'doom loop' in the economy

Sun, 04/02/2023 - 08:30

Tech Insider : Economy

Nouriel Roubini says the economy is headed for a "doom loop".
That's due to three stressors in the economy, which will leave the Fed unable to fight a recession.
Roubini, who called the 2008 downturn, has long warned of imminent financial chaos.

Nouriel Roubini has more dire words of warning for the economy.

"Dr. Doom" warned in a column this week that the US face a major financial crisis and the economy is entering what he calls a "doom loop".

Markets, MI Exclusive, Nouriel Roubini, Dr. Doom Nouriel Roubini, economy, Stock Market Crash, Recession

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