‘Bond King’ Jeffrey Gundlach Says the Coming Rate Hike Will be the Last
Gundlach, an American businessman and founder of DoubleLine Capital, thinks US Federal Reserve will raise interest rates by 25 basis points next week.
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JP Morgan Strategist Warns Risk Of “Unknown Unknowns” Highest Since Global Financial Crisis
“We don’t know what we are in for. Bottom line to me is what’s happening today is not at all surprising because we are in a tricky environment."
Billionaire Carl Icahn Warns U.S. Economy 'Breaking Down'
"I think [Fed Chairman Jerome] Powell really has to raise interest rates sooner than later," he said.
How Credit Suisse Turned Switzerland’s Banking Industry Into a National Embarrassment
Once the pride of the Swiss banking industry, Credit Suisse’s fall from grace shows few signs of abating.
Burry Says No ‘True Danger’ in Crisis That May Resolve Quickly
Investor Michael Burry believes the spreading crisis following the collapse of Silicon Valley Bank could resolve “very quickly.”
Larry Fink Warns Higher Rates 'Exposed Cracks' in Financial System Amid SVB Collapse
BlackRock CEO Larry Fink warned in his latest annual letter the Federal Reserve's aggressive rate hikes have "exposed cracks in the financial system".
Billionaire Co-founder of Home Depot Compares the Fed to ‘The Gang That Can’t Shoot Straight’
The billionaire co-founder of Home Depot, says the coming crash is ‘not going to be pretty’.
