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MI Exclusive

'Wizard of Wharton' predicts stocks will hit record highs - and sees only a 30% chance of recession

Tue, 08/01/2023 - 06:57

Jeremy Siegel Wharton CNBC — Jeremy Siegel.
Scott Mlyn/CNBC/NBCU Photo Bank/NBCUniversal via Getty Images

Markets, MI Exclusive, Stocks, Jeremy Siegel, Stock Market Outlook, Wharton School of Business, Stocks for the Long Run

'FOMO' rules the stock market now

Tue, 08/01/2023 - 06:44

wall street bull statue selfie — "FOMO" has become the key force behind the stock-market rally over the past month.
Reuters / Lucas Jackson

Markets, MI Exclusive, Stocks, Stock Market Analysis, Stock Market Outlook, Stock Market Strategy, Investing Analysis

It costs more than $200,000 a day for traders to ship liquefied natural gas as tanker supply dwindles

Tue, 08/01/2023 - 06:09

ConocoPhillips — Tankers carrying liquid natural gas.
ConocoPhillips

Markets, MI Exclusive, Tankers, Gas, lng, Russian tankers, Crude Oil

US money-market yields haven't been this juicy for 22 years, thanks to the Fed's interest-rate rises

Tue, 08/01/2023 - 05:54

A dog in pink shades and covered in dollar bills. — A dog in pink shades and covered in dollar bills.
Geraint Rowland Photography/ Getty Images

Markets, MI Exclusive, Stocks, Cash, Bonds

Exxon looks to EV boom as oil giant is in talks to supply lithium to Tesla and other automakers, report says

Mon, 07/31/2023 - 15:46

exxon mobil — AP

Markets, MI Exclusive, Investing, lithium, lithium batteries, Electric Vehicles, Exxon Mobil

China's yuan expands its growing foothold in South America as Bolivia reduces reliance on US dollar

Mon, 07/31/2023 - 14:09

Tech Insider : Economy

Dollar vs. Yuan — Dollar vs. Yuan
ByoungJoo/Getty Images

Markets, MI Exclusive, economy, De-Dollarization, Dollar dominance, dollar vs. yuan, Chinese yuan

Bitcoin could hit a new high now that BlackRock's Larry Fink got 'orange-pilled' and became a true believer, billionaire Mike Novogratz says

Mon, 07/31/2023 - 13:57

Tech Insider : Crypto

BlackRock CEO Larry Fink speaks while holding a microphone in front of a blue background. — BlackRock CEO Larry Fink
Spencer Platt/Getty Images

Markets, MI Exclusive, crypto, Bitcoin, Larry Fink, spot bitcoin ETF, BlackRock

Stocks are in the middle of a 'pivot rally' that still has room to run, according to one of Wall Street's biggest bears

Mon, 07/31/2023 - 13:34

mike wilson morgan stanley bloomberg tv — Bloomberg TV

Markets, MI Exclusive, Mike Wilson, Morgan Stanley, Stock Market Outlook, Stocks, Federal Reserve

China's property woes continue to mount with another developer posting steep losses

Mon, 07/31/2023 - 13:10

Tech Insider : Economy

Chinese real estate — Property projects under go construction in downtown area on July 9, 2007 in Chongqing Municipality, China.
China Photos/Getty Images

Markets, MI Exclusive, economy, China, Property, Real Estate, China Economy

Apartment rents in the US declined in July for the first time since the pandemic began

Mon, 07/31/2023 - 12:50

A street view of the exterior of a large apartment building with 13 floors and tall trees outside. — The exterior of their apartment block.
Amanda Goh/Insider

Markets, MI Exclusive, Apartment, rents, rental units, Apartments, Housing Market

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