Cooperman Says the US is Going Through a 'Textbook' Financial Crisis
Billionaire investor Leon Cooperman says the US is going through a 'textbook' financial crisis and the S&P 500 won't hit a new high for a long time.
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Stocks Could End the Year 14% Higher
Stocks could end the year 14% higher—and it’s because the banking crisis, according to veteran investment strategist Ed Yardeni.
Billionaire Investor Bill Gross Says the Fed Easing Up In Fighting Inflation Could Fuel a Rally in Government Bonds
Government bonds may look like a dicey investment for now, but could soon rally if the Fed eases up on rate hikes, according to investor Bill Gross.
Barclays CEO Calls Cutting Emissions ‘Defining’ Issue for Banks
Barclays Plc Chief Executive Officer C.S. Venkatakrishnan said the shift to a low-carbon economy is one of today’s “defining issues.”
Top Economist Mohamed El-Erian Warns That ‘Erosion in Trust’ Caused by Banking Crisis Will Lead to ‘Economic Contagion’
Fractures in the banking system could still have a major impact on Americans thanks to the lingering threat of “economic contagion.”
Morgan Stanley Strategist Says Earnings Are Next Risk to Equities
Morgan Stanley’s Michael Wilson, among most prominent bearish voices on US stocks, says turmoil in banking sector has left earnings outlooks too high.
Elon Musk Says Jerome Powell is So Bad at His Job - GPT-4 Would be a Better Fed Chair
Elon Musk says Jerome Powell is so bad at his job that GPT-4 would be a better Fed chair: ‘This foolish rate hike will worsen depositor flight’.
