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Baby boomers have been America's secret weapon for fending off recession

Wed, 05/22/2024 - 10:42

Tech Insider : Economy

A Baby Boomers hand holding up a stock line — DMP/Getty, Tyler Le/BI

economy, Markets, us-economy-outlook, us-recession-outlook, ed-yardeni, baby-boomers, consumer-spending

'Something could break': The Fed risks recession, bank failures if it doesn't cut rates soon, economist Mark Zandi says

Fri, 05/10/2024 - 13:16

Tech Insider : Economy

FILE PHOTO: Federal Reserve Chairman Jerome Powell holds a news conference following a closed two-day Federal Open Market Committee meeting in Washington, U.S., September 18, 2019. REUTERS/Sarah Silbiger — Federal Reserve Chair Jerome Powell holds a News Conference
Reuters

economy, Markets, mi-exclusive, fed-rate-cuts, Recession, recession-outlook, interest-rates

Elite investor Grant Cardone predicts a historic real-estate slump will slash office and apartment values to bargain levels

Mon, 12/18/2023 - 07:32

Tech Insider : Economy, Economy

grantcardone — Grant Cardone.
Grant Cardone

economy, economy, Markets, Stocks, real-estate, grant-cardone, undercover-billionaire

The commercial real estate market is frozen as soaring bond yields bring lending to a halt

Wed, 11/01/2023 - 12:25

New York City Manhattan Skyline sunset night — Mike Hewitt / Getty Images

Markets, mi-exclusive, commercial-real-estate, commercial-real-estate-crash, commercial-real-estate-outlook, commercial-real-estate-prices, bond-yields

Distressed commercial real estate debt hit $80 billion last quarter, the highest amount in a decade

Thu, 10/19/2023 - 11:09

office building bankers workers employees — There's around $216 billion of potentially distressed commercial real estate properties, according to MSCI Real Assets.
REUTERS/Carlo Allegri

Markets, mi-exclusive, commercial-real-estate, distressed-debt, commercial-real-estate-crash, credit-crunch, interest-rates

Elon Musk just warned about credit-card debt, commercial real estate, and foreign conflicts. Here's why the Tesla chief is so worried.

Thu, 10/19/2023 - 10:00

Tech Insider : Economy, Economy

Elon Musk — Elon Musk.
Diego Donamaria/Getty Images for SXSW

economy, economy, us-economy-and-markets, us-economic-outlook, tesla, elon-musk, Inflation

Stocks have more room to fall as a recession, credit event lay ahead before the Fed eases policy, Bank of America warns

Fri, 10/06/2023 - 13:24

Wall Street — Henny Ray Abrams/AP

Markets, mi-exclusive, stock-market-outlook, bank-of-america, Recession, recession-outlook, stock-fall

'Shark Tank' investor Kevin O'Leary warns of a 3-pronged financial disaster as soaring interest rates bite

Mon, 09/18/2023 - 10:35

Tech Insider : Economy, Economy

kevin o'leary — Kevin O'Leary.
Andrew Burton/Getty Images

economy, economy, kevin-oleary, shark-tank, mr-wonderful, regional-banks, commercial-real-estate

'Shark Tank' investor Kevin O'Leary warns of 'real chaos' in the coming months as high interest rates batter the US economy

Mon, 08/28/2023 - 11:16

Tech Insider : Economy

kevin o'leary — Andrew Burton/Getty Images

economy, Markets, kevin-oleary, us-economy-outlook, economic-crisis, credit-crunch, bank-run

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