Leon Cooperman Says the U.S. Debt is Steering us Toward a Catastrophe
The escalating national U.S. debt is steering the nation towards a financial catastrophe, as highlighted by billionaire investor Leon Cooperman.
The escalating national U.S. debt is steering the nation towards a financial catastrophe, as highlighted by billionaire investor Leon Cooperman.
JPMorgan Chase (JPM) CEO Jamie Dimon is concerned the US economy could be in for a repeat of the problems that hampered the country during the 1970s.
Mark Spitznagel is warning that investors make the most of recent economic optimism, as a shift to lower rates will signal a dramatic market crash.
Economists at Citigroup Inc. are going out on a limb by wagering that virtually everyone on Wall Street is wrong about the Federal Reserve.
Investors believe the US economy is headed for a "no landing" scenario, in which inflation doesn't reach the Fed's 2% target, but the economy grows.
Investors and metals traders can’t agree on what exactly is behind gold’s recent rally. At King Gold & Pawn in Brooklyn, the customers don’t care.
A key revenue source for three giant banks fell the first three months of the year, showing even the biggest financial institutions are struggling.