Financial Crisis | iCloud.Info

Financial Crisis

Larry Summers says Silicon Valley Bank doesn't present systemic risk as long as it's handled reasonably

Fri, 03/10/2023 - 11:40

larry summers — Larry Summers
Hyungwon Kang/Reuters

Markets, MI Exclusive, Larry Summers, Silicon Valley Bank, SVB, Treasury Secretary, Treasurys

Cratering Silicon Valley Bank's troubles could be the first sign of a new financial crisis. Here's what Burry, Ackman and El-Erian have to say.

Fri, 03/10/2023 - 08:57

Silicon Valley Bank — Silicon Valley Bank.
Rafael Henrique/SOPA Images/LightRocket via Getty Images

Markets, MI Exclusive, SVB Financial Group, Silicon Valley Bank, Bill Ackman, Michael Burry, Mohamed El-Erian

Business icon Ken Langone blasts the Fed for letting inflation run riot - and warns a financial crisis seems inevitable

Thu, 03/09/2023 - 06:05

ken langone — Ken Langone.
REUTERS/Rick Wilking

Markets, MI Exclusive, Stocks, Ken Langone, Home Depot, Billionaires, Federal Reserve

Salesforce CEO Marc Benioff is bracing for a brutal recession - and says he was blindsided by the market chaos last year

Tue, 03/07/2023 - 06:36

Salesforce founder Marc Benioff, wearing a sports coat jacket and in front of a blue background on a stage, extends his hands forward during a talk. — Marc Benioff.
NICHOLAS KAMM/AFP via Getty Images

Markets, MI Exclusive, Stocks, Marc Benioff, salesforce, Billionaires, Software

US home prices could tumble nearly 20% and Fed economists warn further rate hikes risk an even worse housing correction: 'The bubble hypothesis merits attention'

Tue, 02/28/2023 - 12:56

homes — Phillip Spears/Getty Images

Markets, MI Exclusive, housing crash, Home Prices, Case-Shiller, Fed, Federal Reserve

Warren Buffett's $3 billion investment in General Electric saved the industrial titan from a catastrophic meltdown, a new book reveals

Sat, 02/18/2023 - 05:21

warren buffett — Warren Buffett.
Kevin Lamarque/Reuters

Markets, MI Exclusive, Stocks, Warren Buffett, Berkshire Hathaway, General Electric, GE

Fears of a US debt crisis are 'imaginary', and what the economy needs is more investment in critical infrastructure, economist says

Thu, 02/09/2023 - 11:49

national debt clock — Supporters of republican presidential candidate former Massachusetts Gov. Mitt Romney stand next to a national debt clock during a rally at Exeter High School on January 8, 2012 in Exeter, New Hampshire.
Justin Sullivan/Getty Images

Markets, MI Exclusive, US debt ceiling, Debt Crisis, debt default, US economic outlook, rising interest rates

Bank of America CEO Brian Moynihan warns to prepare for a US debt default and a recession that will drag down corporate earnings

Mon, 02/06/2023 - 14:17

Brian Moynihan — Brian T. Moynihan, Chairman and Chief Executive Officer of the Bank of America Corporation, speaks during the Bloomberg Global Business Forum in New York City, September 25, 2019. REUTERS/Shannon Stapleton
Shannon Stapleton/Reuters

Markets, MI Exclusive, US economic outlook, Recession, debt default, US Debt, US debt ceiling

An economics researcher is warning that the next few decades could bring a massive stock market collapse

Sat, 02/04/2023 - 08:30

NYSE trader — Photo by Spencer Platt/Getty Images

Markets, MI Exclusive, Stock Market Crash, Financial Crisis, Ray Dalio, Jeremy Grantham, 1987 market crash

The market is headed for a 'tinderbox-timebomb' that will be worse than the 1929 crash, Black Swan fund manager says

Tue, 01/31/2023 - 09:42

Nassim Taleb Getty Images — Nassim Taleb.
Mohd Zakir/Hindustan Times via Getty Images

Markets, MI Exclusive, Stock Market Crash, market bubble, Recession, Financial Crisis, Debt Crisis

Subscribe to Financial Crisis