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US Markets and Economy

ChatGPT can't answer basic questions about markets and investing and it'll be a long time before its a useful tool for investors, DataTrek says

Fri, 04/07/2023 - 10:06

ChatGPT — I asked Morningstar Investment Management CIO Dan Kemp what he thought of intelligent language tool ChatGPT's investing advice.
CFOTO/Future Publishing via Getty Images

Markets, MI Exclusive, ChatGPT, ChatGPT stocks, chatgpt investing advice, investing advice 2023, US Markets and Economy

Warren Buffett's Berkshire Hathaway faces a brutal mix of economic headwinds. It will capitalize on the chaos, 8 experts say.

Thu, 04/06/2023 - 06:38

Warren Buffett — Warren Buffett.
Carlos Barria / Reuters

Markets, MI Exclusive, Stocks, Warren Buffett, Berkshire Hathaway, Inflation, Recession

Mario Gabelli is bracing for a 2nd-half recession, more banking fallout, and pressure on stocks and house prices. The billionaire investor told us why.

Wed, 04/05/2023 - 06:30

Mario Gabelli — Mario Gabelli.
CFA Institute

Markets, MI Exclusive, Stocks, Mario Gabelli, Gabelli Funds, Billionaires, US Markets and Economy

Get ready for stocks and real estate to crash - and the US economy to crater, 'Rich Dad Poor Dad' author warns

Fri, 03/24/2023 - 07:22

Tech Insider : Crypto

Robert Kiyosaki.
The Rich Dad Channel/YouTube

Markets, MI Exclusive, Stocks, Robert Kiyosaki, Rich Dad Poor Dad, The Rich Dad Company, Stock Market Outlook

Stocks may crash 30% and the US economy could suffer a 2008-style collapse as the 'everything bubble' bursts, expert says

Thu, 03/23/2023 - 07:53

Stephanie Pomboy — Stephanie Pomboy.
John Lamparski/Getty Images

Markets, MI Exclusive, Stocks, Stephanie Pomboy, Macro Mavens, Stock Market Outlook, US Markets and Economy

Bill Ackman warns the banking crisis may engulf the economy, and says Jamie Dimon is his pick for US president. Here are the investor's 10 best quotes from a new interview.

Wed, 03/22/2023 - 12:30

Ackman, Bill Ackman — Bill Ackman.
Brian Snyder/Reuters

Markets, MI Exclusive, Stocks, Bill Ackman, Pershing Square, Hedge Funds, Billionaires

Brace for the S&P 500 to plunge 50% and a painful recession to strike as the 'everything bubble' bursts, elite investor Jeremy Grantham warns

Tue, 03/21/2023 - 09:45

grantham — Jeremy Grantham.
REUTERS/Nicholas Roberts

Markets, MI Exclusive, Stocks, Jeremy Grantham, GMO, David Rosenberg, Rosenberg Research

Warren Buffett might help rescue the banks again - but he'll probably make less money this time around

Mon, 03/20/2023 - 11:26

Warren Buffett — Warren Buffett.
Carlos Barria / Reuters

Markets, MI Exclusive, Stocks, Warren Buffett, Berkshire Hathaway, US Markets and Economy, Banking Crisis

UBS is set to buy Credit Suisse for $3.2 billion. The megadeal could make the banking crisis worse.

Mon, 03/20/2023 - 08:55

wall street traders 2008 — UBS acquiring Credit Suisse has major implications for markets and the US economy.
Mike Segar/Reuters

Markets, MI Exclusive, Stocks, Credit Suisse, ubs, m&a, Banking Crisis

Here's why the Silicon Valley Bank crash has made a recession much more likely in 2023

Sun, 03/19/2023 - 08:30

Tech Insider : Economy

stock market crash — Spencer Platt/Getty Images

Markets, MI Exclusive, Silicon Valley Bank collapse, SVB, Recession, recession risk, recession 2023

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