Jennifer Sor - Business Insider (2024)

Why the Fed's rate-cutting agenda could spark a recession, according to top economist Mohamed El Erian

The economy has a 35% chance of a hard-landing, according to top economist Mohamed El-Erian.

Recession isn't happening as the US economy is the most dynamic it's been in history, 'The Big Short' investor Steve Eisman says

Economists who have called for a recession have been wrong and the economy is solid, Steve Eisman said Thursday.

Why a celebrity broker says some parts of the US could see a 10% home-price correction

Home prices are already dropping in key markets in Florida, Texas, and New York, recent data shows.

Stock market today: US stocks close at record highs after encouraging May inflation and Fed commentary

The S&P 500 closed above 5,400 for the first time as traders took in upbeat inflation data and messaging from the Fed after its latest policy meeting.

Longtime Tesla investor says Elon Musk's proposed $56 billion pay package is 'outrageous' amid poor stock performance

Musk's pay package would be "outrageous" even if it were slashed in half, according to Tesla investor Ross Gerber.

'Clear path to a soft landing': Here's what Wall Street sees for Fed rate cuts after May inflation came in cool

The Fed cutting rates in September is now "overwhelmingly likely," Morningstar said.

Stock market today: US stocks jump to records as investors cheer cooler May inflation data

Inflation remained flat for the month of May and rose just 3.3% from last year, cooler than what economists expected.

Mega-cap stocks are overvalued and risk a big correction, according to a CIO. Here's why that presents a 'monstrous' buying opportunity.

The bubble in the market's most-hyped stocks could burst, but that means the rest of the market stands to gain, Richard Bernstein said.

Home prices will go down this summer as sellers can't postpone listing any longer, Redfin CEO says

Homes in key metros in states like Florida and Texas are already seeing "major price cuts," Redfin's CEO said.

There's a stock market crash coming in 2025 as the 'bubble of all bubbles' bursts, economist says

The S&P 500 could plunge as much as 86% peak-to-trough, according to one uber-bearish economist.

Buying a home is probably never getting cheaper as rates aren't coming down and pandemic migration trends persist, 'Shark Tank' investor Kevin O'Leary says

Buying a home is never getting cheaper. Blame stubborn inflation and pandemic migration trends, according to Kevin O'Leary.

A shortage of young men in the workforce could weigh on housing, Social Security, and growth for years to come

Around 7.2 million men have dropped out of the workforce. That has a host of consequences that could take decades to reverse, experts say.

Russia is doubling down on its de-dollarization efforts as Putin calls to reduce use of 'toxic' currencies

Russia's use of "toxic" currencies has been slashed in half over the past year, Putin said.

3 things homebuyers should do to hack the unaffordable housing market, according to Fannie Mae's chief economist

There are three things homebuyers can do to get the best deal, according to Fannie Mae's chief economist.

Elon Musk's $56 billion pay package will likely see overwhelming approval, putting a big overhang for the stock behind it, Wedbush Securities' Dan Ives says

Tesla stock is down 28% this year, partly due to the drama surrounding Musk's compensation. Approval would eliminate an "overhang" for the stock, Dan Ives said.

Nvidia stock has another 24% to climb as it looks poised to dominate the computing market for the next decade, Bank of America says

"We see NVDA with a multi-year lead in performance, pipeline, incumbency, scale and developer support," BofA strategists said.

Fed policy hasn't cooled the labor market and a 'serious consumer recession' could strike if services jobs tumble, real estate billionaire Barry Sternlicht says

The economy could tumble into a recession if the Fed sparks layoffs in this key sector, Barry Sternlicht warned.

Investors took in an improved outlook for Fed rate cuts, sending the S&P 500 to a fresh record.

3 signs the US economy is nearing a recession have flashed in the last week, SocGen says

Economic growth expectations have "crashed," according to SocGen.

Elon Musk diverting Nvidia chips from Tesla to X shows the EV maker is not his priority, longtime Tesla investor Ross Gerber says

"Tesla is kind of the bottom of the pecking pole of Elon's companies," longtime shareholder Ross Gerber said.