Brian Moynihan Denies Jamie Dimon's Economic Prediction
JP Morgan CEO issued warning about state of economy. His warning Brian Moynihan disregarded, saying, "You've got hurricanes that come every year."
JP Morgan CEO issued warning about state of economy. His warning Brian Moynihan disregarded, saying, "You've got hurricanes that come every year."
"I'd like to zip him in a Ziploc bag and try to get his ego stuffed inside and calm him down," the "Shark Tank" investor told Yahoo Finance.
Ackman has doubled down on calls for aggressive interest rate increases from US Federal Reserve, saying it would lower risk of high long-term rates.
With the S&P 500 falling more than 16% year-to-date, investors have been left wondering if an end to the pain is coming anytime soon.
The reaction to retail earnings this week may be too bearish on the state of the consumer, says one investing expert.
Elon Musk says he has no plans to donate to super PACs supporting Republican Party candidates in this year's mid-term elections or in 2024.
Michael Burry, the investor of "The Big Short" fame, placed a bet against Apple and loaded up on other stocks last quarter.