Palantir CEO Slams Metaverse as 'Idiosyncratic Pursuit' of the Elite
The leader also said he believed the global economic downturn would serve to "winnow the field of participants in the technology sector."
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Fed ‘Hasn’t Accomplished Anything’ on Labor Market, Dudley Says
New York Fed President Bill Dudley said, the Federal Reserve “hasn’t accomplished anything” in loosening the US labor market, even after four hikes.
Billionaire Investor Says the Fed ‘Is Doing All the Right Things Now’
Billionaire investor says the Fed ‘is doing all the right things now’, but that a recession is still likely.
Ex-Fed Chief Greenspan Sees Dollar With ‘Tailwind’ Into 2023
Former Federal Reserve Chair Alan Greenspan sees a monetary “tailwind” for the dollar in the coming year.
Guggenheim’s Minerd Sees No Fed Pivot, Expects Market ‘Damage’
Scott Minerd, global CIO at Guggenheim Investments, said move was not sign that central bank will slow campaign to reach price stability.
Goldman Sachs Now Sees Fed Rates Peaking at 5% in March
Goldman Sachs economists said they now expect the US Federal Reserve to raise interest rates to 5%, higher than previously predicted.
El-Erian: Recession 'Not Foregone Deal' in Fed's Battle
A recession in the US isn't "a foregone conclusion" thanks to the resilience of the credit and labor market according to Mohamed El-Erian.
