The global economy will be dealing with inflation for a long time, economist Nouriel Roubini warned in an op-ed. Roubini pointed to five problems in the global economy that would stoke high prices and government spending. Those factors could create a recession that packs in high inflation, high unemployment, and a steep stock crash. Loading… Continue reading ‘Dr. Doom’ economist Nouriel Roubini says we’ll have inflation for a long, long time. He blame wars, the robot revolution, and 3 other disasters that will plague the global economy.
Invesco’s global market strategist says the market has bottomed and the recovery has begun. Here are his 5 biggest takeaways and advice on how to invest.
In an interview with Insider, Invesco’s global market strategist Brian Levitt said markets have already bottomed. He said investors should consider higher-yield corporate bonds and emerging-market investments as the dollar weakens. “We should try to be positioned for the next couple years for a sustained recovery.” Loading Something is loading. Thanks for signing up! Access… Continue reading Invesco’s global market strategist says the market has bottomed and the recovery has begun. Here are his 5 biggest takeaways and advice on how to invest.
Goldman Sachs: These 40 stocks have at least 34% upside right now while the rest of the market struggles for gains in 2023
Goldman Sachs sees limited upside for the S&P 500 in 2023 as earnings stay flat. But if corporate earnings decline in a recession, US stocks could plunge. Here are 40 stocks that Goldman Sachs analysts believe have the most upside right now. US stocks got off to a choppy start in the first week of… Continue reading Goldman Sachs: These 40 stocks have at least 34% upside right now while the rest of the market struggles for gains in 2023
Warren Buffett has made predictions about crypto, table tennis, and even his own death. Here are 12 forecasts and how they’ve turned out.
Updated 2023-01-07T10:44:10Z Theron Mohamed Warren Buffett. Getty Images / Bill Pugliano Warren Buffett avoids making predictions as he believes the future is too uncertain. Yet he has given his best guesses about cryptocurrency, table tennis, and the timing of his death. Here are 12 of the investor’s predictions, and how they’ve turned out. Loading Something… Continue reading Warren Buffett has made predictions about crypto, table tennis, and even his own death. Here are 12 forecasts and how they’ve turned out.
Markets are wrong to think things will return to normal and should brace for an era of tumult, debt, and high interest rates, former Treasury Secretary Larry Summers says
Markets are wrong to think things will return to normal this year, former Treasury Secretary Larry Summers said. He warned investors to brace for a new period of debt, tumult, and volatile interest rates. “This is going to be remembered as the year when we recognized that we were heading into a different kind of… Continue reading Markets are wrong to think things will return to normal and should brace for an era of tumult, debt, and high interest rates, former Treasury Secretary Larry Summers says
Warren Buffett-backed BYD soars past Tesla in China sales as the company bucks wider EV stock sell-off
Warren Buffett-backed BYD has avoided a painful stock sell-off in recent months compared to its competitors.BYD stock is down just 2% over the past three-months, compared to a 54% decline for Tesla.BYD said it sold 1.9 million vehicles in 2022 as it ramps up production despite recent COVID-19 infections. Loading Something is loading. Thanks for… Continue reading Warren Buffett-backed BYD soars past Tesla in China sales as the company bucks wider EV stock sell-off
Silvergate extends sell-off into 2nd day as Bank of America sees 35% downside after the crypto bank disclosed huge run on deposits
BofA downgraded Silvergate Capital on Friday and said it sees another 35% downside for the crypto-focused bank. Silvergate shares plunged Thursday after it was revealed customers withdrew billions in deposits. BofA whittled down its price objective on Silvergate by 78% to $8 a share from $37. Loading Something is loading. Thanks for signing up! Access… Continue reading Silvergate extends sell-off into 2nd day as Bank of America sees 35% downside after the crypto bank disclosed huge run on deposits
Cathie Wood buys the dip in Coinbase again, but sells shares of Silvergate after the crypto-focused bank sees a run on deposits and cuts 40% of its staff
Cathie Wood’s Ark Invest continues to buy the dip for digital asset exchange Coinbase. But the famed money manager sold Silvergate shares as the crypto-focused bank’s stock plunged 43% on Thursday. Ark Invest’s exchange-traded funds ARKF and ARKW are down more than 60% year-to-date. Loading Something is loading. Thanks for signing up! Access your favorite… Continue reading Cathie Wood buys the dip in Coinbase again, but sells shares of Silvergate after the crypto-focused bank sees a run on deposits and cuts 40% of its staff
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