Markets

The World Bank warned that the global economic growth could average 2.2% for the next decade, the lowest in 30 years.  Reasons include lagging productivity and lasting repercussions of the pandemic, on top of a bank crisis.  In a Monday report, the World Bank said the result “could be a lost decade in the making…for… Continue reading Markets may be entering a ‘lost decade’ for global economic growth amid financial instability and high inflation, World Bank says

Tighter lending due to the banking crisis will slow the economy, resulting in less federal revenue. So Congress will have to lift the debt ceiling sooner than anticipated, a Stifel strategist said. “Receipts to the government — all those cash flows — are probably going to slow.”  Loading Something is loading. Thanks for signing up!… Continue reading A US debt crisis will arrive sooner as banking turmoil hits the economy and federal revenue, strategist says

As the Fed’s tightening cycle nears an end, markets are entering a “Post-Fed world.” That’s where monetary policy will be less important to market psychology, DataTrek said. The research firm sees four potential drivers of the new investment landscape. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed… Continue reading Markets are heading into a ‘post-Fed’ world. Here are 4 things that will drive the new investment regime

Real estate professionals say they’ve seen a surge in housing fraud over the past year. It’s a consequence of tight conditions sparking desperation from both buyers and sellers. Some experts say they expect the situation to get worse as market dynamics continue to shift. Loading Something is loading. Thanks for signing up! Access your favorite… Continue reading As the housing market remains tight, experts say real estate fraud has spiked in the US

Warren Buffett’s salary was $100,000 last year, and he hasn’t seen a pay rise in over four decades. He repaid $50,000 to Berkshire Hathaway, partly to cover the cost of his personal calls and postage. Buffett’s net worth exceeds $100 billion thanks to his ownership of Berkshire stock. Loading Something is loading. Thanks for signing… Continue reading Warren Buffett’s salary was just $100,000 last year – and he returned $50,000 to Berkshire Hathaway

Premium AI is coming, and RBC analysts have determined which stocks will most profit from it. Yuichiro Chino This story is available exclusively to Insider subscribers. Become an Insider and start reading now. RBC says that AI is one of the most transformative developments in tech in the last 20 years. The firm’s tech analysts… Continue reading RBC: Buy these 17 future AI winners as the technology begins to transform the world

Peter Tuchman, one of the most recognizable stock brokers on Wall Street, has been at the NYSE for over 37 years. Although he’s known for his commentary on the markets, Tuchman previously owned a jazz record store in New York. In the 1980s, Tuchman also worked as an accountant at a Norwegian oil company in… Continue reading Meet Peter Tuchman, the most photographed stock trader on Wall Street

Commercial real estate is probably the next pain point for regional banks and the stock market, according to BofA.The bank noted that US regional banks account for 68% of all commercial real estate loans.A combination of low occupancy and a wave of refinancing at higher interest rates could spell trouble for banks, stocks, and the… Continue reading Commercial real estate is the next shoe to drop for regional banks and the stock market