Jennifer Sor - Business Insider (2024)

Table of Contents
Inflation is scrambling Americans' perceptions of middle-class life It will take years for the oil and gas market to recover from the 'mother of all shocks,' Harvard economist says Russia's biggest private lender is expanding to China after being hit by US sanctions The job market has 3 weak spots that could bring steeper Fed rate cuts, Goldman Sachs says Tesla is the biggest stock bubble in history and shares are headed to $15, short seller says The US economy is headed into a corporate bankruptcy cycle that will spike unemployment, veteran forecaster says Stocks are in a sweet spot but bears still fear a bubble is near bursting. Here's what 5 forecasters are saying about a potential crash. Why the Fed's rate-cutting agenda could spark a recession, 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 Why a celebrity broker says some parts of the US could see a 10% home-price correction Stock market today: US stocks close at record highs after encouraging May inflation and Fed commentary Longtime Tesla investor says Elon Musk's proposed $56 billion pay package is 'outrageous' amid poor stock performance 'Clear path to a soft landing': Here's what Wall Street sees for Fed rate cuts after May inflation came in cool Stock market today: US stocks jump to records as investors cheer cooler May inflation data Mega-cap stocks are overvalued and risk a big correction, according to a CIO. Here's why that presents a 'monstrous' buying opportunity. Home prices will go down this summer as sellers can't postpone listing any longer, Redfin CEO says There's a stock market crash coming in 2025 as the 'bubble of all bubbles' bursts, economist says 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 A shortage of young men in the workforce could weigh on housing, Social Security, and growth for years to come Russia is doubling down on its de-dollarization efforts as Putin calls to reduce use of 'toxic' currencies References

Reporter

Jennifer Sor is a reporter for Markets Insider. She graduated from UC Santa Barbara with a BA in Economics and English.

Economy 2024-06-18T19:42:04Z

Inflation is scrambling Americans' perceptions of middle-class life

"I feel like I can make ends meet, but I can't really move this lifestyle," one person told Business Insider.

Markets 2024-06-18T19:40:08Z

It will take years for the oil and gas market to recover from the 'mother of all shocks,' Harvard economist says

"When there is an energy shock, it can take a huge price change to clear the market," the Harvard economist Ken Rogoff said.

Finance 2024-06-18T15:22:47Z

Russia's biggest private lender is expanding to China after being hit by US sanctions

The bank, owned by the Russian oligarch Mikhail Fridman, is looking to build new offices in China Bloomberg reported.

Markets 2024-06-17T15:11:22Z

Tesla is the biggest stock bubble in history and shares are headed to $15, short seller says

"In my view, Tesla is the biggest stock market bubble in world history," according to one investor who's been shorting the stock since 2020.

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Economy 2024-06-17T15:08:39Z

The US economy is headed into a corporate bankruptcy cycle that will spike unemployment, veteran forecaster says

Large bankruptcies are on track to surpass their peak during the pandemic, according to Danielle DiMartino Booth.

Markets 2024-06-16T12:31:01Z

Stocks are in a sweet spot but bears still fear a bubble is near bursting. Here's what 5 forecasters are saying about a potential crash.

The S&P 500 risks as much as an 86% crash when the "bubble of all bubbles" burst, one economist warned.

Economy 2024-06-14T14:17:58Z

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.

Economy 2024-06-13T17:20:40Z

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.

Real Estate 2024-06-13T15:12:22Z

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.

Markets 2024-06-12T20:10:17Z

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.

Markets 2024-06-12T18:29:07Z

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.

Markets 2024-06-12T15:52:03Z

'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.

Markets 2024-06-12T13:37:48Z

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.

Markets 2024-06-11T17:34:44Z

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.

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Real Estate 2024-06-11T16:11:30Z

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.

Markets 2024-06-10T17:05:53Z

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.

Real Estate 2024-06-10T14:13:01Z

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.

Economy 2024-06-09T12:15:01Z

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.

Markets 2024-06-08T12:31:01Z

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.

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Jennifer Sor - Business Insider (2024)

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