Goldman Sachs doesn’t expect a recession, but says investors should lower their expectations. Chief US stock strategist David Kostin thinks estimates for company profits will have to come down. He named a group of 21 companies with a history of strong results in recessions. Whether a recession is coming or not, everyone in the financial… Continue reading GOLDMAN SACHS: Buy these 21 low-downside stocks because history shows their profits will hold up during a potential recession
Sam Bankman-Fried is positioning himself as crypto’s ‘lender of last resort’ – but even he reportedly couldn’t deal with the $2 billion hole in Celsius’ balance sheet
FTX reportedly walked away from a deal to buy troubled crypto lender Celsius over the state of its balance sheet. The exchange’s founder Sam Bankman-Fried has positioned himself as crypto’s “lender of last resort” as the industry suffers a liquidity crunch. Celsius filed for bankruptcy this week after freezing all its customers’ accounts in June.… Continue reading Sam Bankman-Fried is positioning himself as crypto’s ‘lender of last resort’ – but even he reportedly couldn’t deal with the $2 billion hole in Celsius’ balance sheet
These Are the Five Worst Jobs in America
If you’re stuck in a no-win, unfulfilling job, you might be wondering how you got there. The fact is, lousy jobs tend to share the same features and characteristics, and they’re all on the negative side of the ledger. Fortunately, career specialists are on the case, gathering the data needed to properly evaluate what truly… Continue reading These Are the Five Worst Jobs in America
A potential US recession will be mild and more in line with ‘light rain’ as opposed to a hurricane, says Pimco strategist
Brian Evans Alexander Spatari/Getty Images A potential US recession won’t be as severe as many fear, a Pimco strategist told Bloomberg TV. Anthony Crescenzi said Friday that while a recession looms, it’s likely to resemble a ‘light rain.’ The macroeconomic picture looks “pretty stable,” and as investors gauge the risk of a recession, “It’s seeming… Continue reading A potential US recession will be mild and more in line with ‘light rain’ as opposed to a hurricane, says Pimco strategist
A potential US recession will be mild and more in line with ‘line rain’ as opposed to a hurricane, says Pimco strategist
Brian Evans Alexander Spatari/Getty Images A potential US recession won’t be as severe as many fear, a Pimco strategist told Bloomberg TV. Anthony Crescenzi said Friday that while a recession looms, it’s likely to resemble a ‘light rain.’ The macroeconomic picture looks “pretty stable,” and as investors gauge the risk of a recession, “It’s seeming… Continue reading A potential US recession will be mild and more in line with ‘line rain’ as opposed to a hurricane, says Pimco strategist
Cheaper oil and gas won’t prevent a 75-basis-point hike as inflation runs rampant – and the Fed might get even more aggressive, BofA says
The Fed is still going to stay aggressive with rate hikes this month even as energy costs come down, BofA said this week. BofA analysts expect a 75-basis-point hike, but said a 100-basis-point hike is still possible. “[U]nderlying price pressures remain robust and unacceptably high relative to the Fed’s mandate.” Loading Something is loading. Even… Continue reading Cheaper oil and gas won’t prevent a 75-basis-point hike as inflation runs rampant – and the Fed might get even more aggressive, BofA says
Goldman Sachs shares its 25 favorite options trades to make right now ahead of an ‘unusually volatile’ Q2 earnings season
US Markets Loading… H M S Premium Goldman Sachs recommends making 25 options trades as the Q2 earnings season kicks off. AP This story is available exclusively to Insider subscribers. Become an Insider and start reading now. Volatility in markets has been elevated this year, and that will only continue in Q2. Goldman Sachs believes… Continue reading Goldman Sachs shares its 25 favorite options trades to make right now ahead of an ‘unusually volatile’ Q2 earnings season
‘Rich Dad Poor Dad’ author Robert Kiyosaki said bitcoin has zero value, touted gold and silver over cash, and warned inflation was wiping people out. Here are 10 great quotes from his radio show
Robert Kiyosaki dismissed bitcoin as valueless, and said he treats trading it like a game. The “Rich Dad Poor Dad’ writer touted gold and silver over dollars, and bemoaned painful inflation. Kiyosaki advised investors to focus more on finding bargain assets, and worry less about rate hikes. Loading Something is loading. Robert Kiyosaki has dismissed… Continue reading ‘Rich Dad Poor Dad’ author Robert Kiyosaki said bitcoin has zero value, touted gold and silver over cash, and warned inflation was wiping people out. Here are 10 great quotes from his radio show
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