Jamie Dimon is Worried the US Economy is Headed Back to the 1970s
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.
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Black Swan Hedge Fund Says Fed Rate Cuts Will Signal Market Crash
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.
Citi Says Wall Street Is Wrong to Slash Fed Rate-Cut Bets
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 Increasingly Expect 'No Landing' for US Economy
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.
At a Brooklyn Pawnshop, Customers Are Flooding In to Sell Gold
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.
High Interest Rates are Getting More Challenging for Even the Biggest Banks
A key revenue source for three giant banks fell the first three months of the year, showing even the biggest financial institutions are struggling.
More Companies Are Defaulting Over and Over Again, S&P Says
The percentage of companies that have defaulted on their debt more than once has reached its second highest level since 2008.
