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Tuesday, April 16, 2024
Bull - Market Indicator

Layoffs Are Hitting Goldman Sachs As The Economy Causes More Pain For Wall Street

The investment-banking division of Goldman Sachs has seen a storm of layoffs, in one of the earliest signs of how a falling deals market...
Ian Shepherdson - British Economist

US Home Prices Could Tumble 20% By Next Summer, Says Top Economist

The US housing market is grappling with a recession, and home prices could dip another 20% by next summer, a top economist has cautioned. "The...
Fundstrat's Tom Lee

Fundstrat’s Tom Lee Remains Bullish That Stocks Will Soar into Year-End, Despite the Fed’s...

Stocks are falling, yields are skyrocketing, and inflation is persistent. Yet Fundstrat's Tom Lee remains bullish in his view that the stock market will...
stock market news

US Stocks Sold Off For a Fourth Straight Day, Dow Jones Slips 485 Points

US stocks sold off for a fourth straight day on Friday as fears of higher interest rates and slowing economic growth continued to roil...
Jeremy Siegel

Jeremy Siegel Says the Fed Is Making The Biggest Mistake In Its History

Wharton professor Jeremy Siegel has been vocal about his hatred for the Federal Reserve's aggressive interest rate hikes in its quest to quell inflation...
Bill Ackman

US Could Avoid Recession By Boosting Immigration, Says Bill Ackman

The US could avoid falling into recession if they boosted immigration, Bill Ackman argued in a Twitter thread on Friday. The US central bank faces...
Stock Market News

Dow Jones Sheds More Than 300 Points Amid Warnings On The New Global Economy

US stocks tumbled Friday, and bond yields continued to climb amid new warnings on the global economy.  The Dow shed more than 300 points, and...
British Pound by Christopher Bill Via Unsplash

The UK Pound Falls To Nearly Four-Decade Low Against the US Dollar

The UK pound plummeted dramatically to a nearly four-decade low against the US dollar on Friday as investors fear the government's plan to reinforce...
Mohamed El-Erian

Investors Should Brace for “Unsettling Volatility,” Says Mohamed El-Erian

Investors need to prepare for "unsettling volatility," and the S&P 500 could plunge back to June lows, top economist Mohamed El-Erian said, cautioning of...
Mohamed El Erian

High Interest Rates Could Have Been Avoided if The Fed Acted Sooner, Says Mohamed...

Higher interest rates that soar faster and last longer, in addition to the increased risk of an economic recession, could have been avoided if...

Must Read

Palo Alto $679M IPO

Rubrik Inc. Targets $679 Million IPO

Venture-backed data security firm Rubrik Inc. has announced plans for a $679 million initial public offering, seeking to ride the wave of renewed interest...