The US is most likely headed for a “boil the frog” recession, JPMorgan economists said. In that scenario, central bank tightening will spark a synchronized global downturn in 2024. The US only has a 23% chance of avoiding a recession altogether, the bank estimated. Loading Something is loading. Thanks for signing up! Access your favorite… Continue reading The most likely economic scenario is a ‘boil the frog’ recession featuring a synchronized global hard landing in 2024, JPMorgan says
The AI craze is blurring these 4 serious economic threats to the US. Here’s a closer look.
Underneath all the fanfare around AI are serious economic risks facing the US today. These include historically high interest rates, recession risks, and slowing growth in China. Here are the bleak economic realities the US is grappling with, despite all the excitement over AI. Loading Something is loading. Thanks for signing up! Access your favorite… Continue reading The AI craze is blurring these 4 serious economic threats to the US. Here’s a closer look.
Morgan Stanley: These 5 stocks are well-positioned to reap the rewards of rising artificial intelligence adoption
Information technology firms should benefit as the adoption of artificial intelligence increases. But a team of analysts from Morgan Stanley cautioned that not all IT firms are created equally. The analysts shared five IT stocks uniquely positioned to become key beneficiaries of AI’s rise. Since the launch of ChatGPT last November, artificial intelligence has been… Continue reading Morgan Stanley: These 5 stocks are well-positioned to reap the rewards of rising artificial intelligence adoption
How to solve Canada’s slow-moving retirement crisis
Fraser Stark: Every Canadian who can comfortably navigate their own retirement finances is one less person requiring expensive subsidized care from the public purse Published Jun 24, 2023 • Last updated 4 hours ago • 5 minute read Financing retirement represents a looming crisis for both Canada and Canadians, since huge numbers of baby boomers are… Continue reading How to solve Canada’s slow-moving retirement crisis
Stock Market Today: Rising Recession Fears Sink Stocks
Stocks closed lower Friday as market participants grew increasingly concerned that hawkishness on the part of the Federal Reserve and other central banks could cause a global recession later this year. Companies whose shares have rallied sharply on the promise of generative artificial intelligence (AI) came under particular pressure during the session, driving the Nasdaq-100… Continue reading Stock Market Today: Rising Recession Fears Sink Stocks
Why copper’s 12% surge over the past month could signal bright times ahead for the broader economy
Copper prices have jumped as much as 12% from their May 25 low, and that could signal green shoots for the economy.The metal has long been viewed as a leading economic indicator as the commodity is found in all facets of the economy.”They say copper has a PhD in the global economy and the recent… Continue reading Why copper’s 12% surge over the past month could signal bright times ahead for the broader economy
Gen-Z homebuyers are flocking to these 3 cities the most – and avoiding California and New York
Salt Lake City has become the most popular city for Gen Z homebuyers, a LendingTree report found. Oklahoma City and Birmingham, Alabama, are the next two most popular. Expensive cities like San Francisco, New York, and San Jose, California, were the least popular among Gen Z. Loading Something is loading. Thanks for signing up! Access… Continue reading Gen-Z homebuyers are flocking to these 3 cities the most – and avoiding California and New York
Warren Buffett’s TikTok fans devour his advice about stocks, crypto, and simple living. Here are 7 Buffett quotes that are popular on the platform.
Warren Buffett isn’t a TikTok user, but his past comments are popular on the platform. The Berkshire Hathaway chief’s views on stocks, crypto, and relationships have been widely liked. Here’s a roundup of seven Buffett quotes that have attracted lots of TikTok viewers. Loading Something is loading. Thanks for signing up! Access your favorite topics… Continue reading Warren Buffett’s TikTok fans devour his advice about stocks, crypto, and simple living. Here are 7 Buffett quotes that are popular on the platform.
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