Three major Wall Street banks expect the S&P 500 to tank over 20% at some point next year. US stocks face a recession, cuts to earnings outlooks and liquidity risks as the Fed hikes rates. Here’s what Morgan Stanley, Bank of America and Deutsche Bank say about what could drag stocks lower. Loading Something is… Continue reading From Bank of America to Morgan Stanley, Wall Street giants are expecting stocks to crash more than 20% next year. Here’s what they’ve been saying.
The unraveling of $3 billion crypto lender BlockFi amid FTX’s ‘death spiral’, according to bankruptcy filings
BlockFi filed for Chapter 11 bankruptcy on Monday, citing hefty exposure to FTX. The crypto platform owes $30 million to the SEC, per bankruptcy filings. FTX, which once offered BlockFi a $400 million credit line, ultimately led to the firm’s bankruptcy. Loading Something is loading. Thanks for signing up! Access your favorite topics in a… Continue reading The unraveling of $3 billion crypto lender BlockFi amid FTX’s ‘death spiral’, according to bankruptcy filings
China’s COVID policy is top of mind for investors as unrest rattled markets this week. Here are 5 things they’re watching as Beijing signals willingness to loosen some restrictions.
Chinese cities this week loosened COVID restrictions in the wake of mass protests, lifting Chinese stocks. But market watchers are still preparing to see if China is ready to announce a full reopening of its economy. Here are five things experts say they’re watching in China after protests shook the market. Loading Something is loading.… Continue reading China’s COVID policy is top of mind for investors as unrest rattled markets this week. Here are 5 things they’re watching as Beijing signals willingness to loosen some restrictions.
Michael Burry, Elon Musk, and Mark Zuckerberg are raising the alarm on the US economy. Here are 8 recession warnings from top commentators this week.
Michael Burry and Elon Musk this week flagged the risk of a severe US recession. Mark Zuckerberg, Andy Jassy, Leon Cooperman and Larry Fink also underlined the difficult economic situation. Experts have flagged inflation, rising interest rates, and global growth headwinds as major worries. Loading Something is loading. Thanks for signing up! Access your favorite… Continue reading Michael Burry, Elon Musk, and Mark Zuckerberg are raising the alarm on the US economy. Here are 8 recession warnings from top commentators this week.
A 26-year-old who ditched his 9-to-5 is now making up to $107,000 in revenue a month selling on Amazon. Here’s how he finds products that sell.
Trevin Peterson found out about Amazon FBA in 2017. Six months later, he quit his job. Before that, he tried many different side hustles but was unsuccessful. He uses a software tool and his observational skills to determine which products to sell. For as long as Trevin Peterson can remember, he has wanted to be… Continue reading A 26-year-old who ditched his 9-to-5 is now making up to $107,000 in revenue a month selling on Amazon. Here’s how he finds products that sell.
Top strategist Ed Yardeni explains the biggest risks that could send the US economy into recession – and shares the 3 stock sectors he’s most bullish on for 2023
In an interview with Insider, Ed Yardeni broke down his his 2023 outlook for the US economy and stock market. He put the odds of a soft landing next year at 60% and the odds of a hard landing at 40%. And by the end of 2023, Yardeni predicted the S&P 500 could climb to… Continue reading Top strategist Ed Yardeni explains the biggest risks that could send the US economy into recession – and shares the 3 stock sectors he’s most bullish on for 2023
US stocks finish mixed amid fears of more Fed hawkishness after hot jobs report
Jennifer Sor Trader Leon Montana works on the floor of the New York Stock Exchange stocks NYSE worry AP Photo/Richard Drew US stocks closed mixed on Friday after November’s job report clocked in above economists’ expectations. The Dow reversed higher as the Fed is still largely expected to slow its pace of rate hikes. But… Continue reading US stocks finish mixed amid fears of more Fed hawkishness after hot jobs report
It’s time for investors to sell any rally in stocks with job losses set to shock markets in 2023, Bank of America says
Sell stock rallies ahead of the likely recession shock for Main Street consumer sentiment in 2023, Bank of America said Friday. Job losses next year will shock consumers, as inflation did in 2022, analysts predicted. For now, the labor market still looks strong, with the addition of 263,000 jobs in November. Loading Something is loading.… Continue reading It’s time for investors to sell any rally in stocks with job losses set to shock markets in 2023, Bank of America says
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