Jeff Bezos, Elon Musk, and Charlie Munger have flagged the risk of a US recession. Carl Icahn, Jamie Dimon, and Ken Griffin are also bracing for a painful economic downturn. Here are 12 recession warnings from top executives, investors, and academics. Loading Something is loading. Thanks for signing up! Access your favorite topics in a… Continue reading Jeff Bezos, Elon Musk, and Ken Griffin are sounding the alarm on a US recession. Here are 12 dire economic warnings from elite commentators.
FTX’s bankruptcy filings show the situation is much worse than anyone thought. From a million creditors to a stunning lack of oversight, here are the craziest details.
The downfall of crypto exchange FTX has led to a bankruptcy filing that is full of crazy details.Documents filed in court this week reveal much deeper problems than anyone would have thought.From billion dollar loans to accountants in the metaverse, these are the craziest details of the FTX bankruptcy filing. Loading Something is loading. Thanks… Continue reading FTX’s bankruptcy filings show the situation is much worse than anyone thought. From a million creditors to a stunning lack of oversight, here are the craziest details.
A real estate investor who owns 109 properties and is pacing for a 2008-style ‘massive opportunity’ explains which loans to secure to take advantage of the correction
Travis Hanson secured a guardian line of credit so he can take advantage of a market correction. He then purchases a house and renovates it using the loan. Once the home value is increased he requests a mortgage for the after repair value. Travis Hanson began investing in real estate in 2009, while he was… Continue reading A real estate investor who owns 109 properties and is pacing for a 2008-style ‘massive opportunity’ explains which loans to secure to take advantage of the correction
FTX’s bankruptcy filings show the situations is much worse than anyone thought. From a million creditors to a stunning lack of oversight, here are the craziest details.
The downfall of crypto exchange FTX has led to a bankruptcy filing that is full of crazy details.Documents filed in court this week reveal much deeper problems than anyone would have thought.From billion dollar loans to accountants in the metaverse, these are the craziest details of the FTX bankruptcy filing. Loading Something is loading. Thanks… Continue reading FTX’s bankruptcy filings show the situations is much worse than anyone thought. From a million creditors to a stunning lack of oversight, here are the craziest details.
Warren Buffett’s right-hand man blasted crypto, praised Elon Musk and Tesla, and defended the Fed in a rare interview this week. Here are the 14 best quotes.
Charlie Munger called out fraud and delusion in crypto, days after Sam Bankman-Fried’s FTX imploded. Warren Buffett’s right-hand man said bitcoin and other crypto should never have been legal. Munger praised Elon Musk and Tesla’s unlikely success, and the Fed’s focus on reducing inflation. Loading Something is loading. Thanks for signing up! Access your favorite… Continue reading Warren Buffett’s right-hand man blasted crypto, praised Elon Musk and Tesla, and defended the Fed in a rare interview this week. Here are the 14 best quotes.
FTX’s collapse could be crypto’s dot-com crash moment – with the industry struggling to ever regain investors’ trust
FTX’s spectacular implosion reminds some analysts of the dot-com bubble bursting in 2000. Tech companies struggled to win back investors’ trust two decades ago. The collapse of FTX could weigh on cryptocurrencies for years, experts told Insider. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re… Continue reading FTX’s collapse could be crypto’s dot-com crash moment – with the industry struggling to ever regain investors’ trust
Here’s when to buy stocks as Wall Street warnings suggest a recession is imminent, according to Bank of America
Signs are growing that an economic recession is imminent, according to Bank of America.An inverted yield curve, a slowdown in home sales, and a big drop in global freight rates suggest the economy is slowing down.BofA recommends investors focus on bond investing in the first half of 2023 and shift to stocks in the second… Continue reading Here’s when to buy stocks as Wall Street warnings suggest a recession is imminent, according to Bank of America
Europe will need to face higher interest rates as a potential recession won’t be enough to bring down inflation on its own, ECB President Christine Lagarde says
Policy makers at the European Central Bank “expect to raise rates further,” said President Christine Lagarde on Friday. The ECB has already been raising rates at a record pace with inflation “too high” in the euro area. Policymakers reportedly may decide to slow the pace of rate hikes at the December meeting. Loading Something is… Continue reading Europe will need to face higher interest rates as a potential recession won’t be enough to bring down inflation on its own, ECB President Christine Lagarde says