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☆ The artificial intelligence war has Wall Street in a frenzy over Google, Microsoft, and anything related to bots
▼ + stars: | 2023-02-13 | by ( Phil Rosen | ) www.businessinsider.com time to read: +7 min

In case you missed it, last week Microsoft held an event that had the buzz of a Steve Jobs iPhone launch. Google Bard VS OpenAI ChatGPT displayed on Mobile with Openai and Google logo on screen seen in this photo illustration. In this two-horse race, Google certainly didn't do itself any favors in bumbling its own AI demo last week. But the battle will ultimately come down to Microsoft and Google, according to venture capitalist Vinod Khosla. Record highs for the stock market are within reach this year, according to Fundstrat.

☆ Make these 4 undervalued investments now while the stock market rally unwinds after a red-hot jobs report, according to the investment chief at Cambria Funds
▼ + stars: | 2023-02-07 | by ( James Faris | ) www.businessinsider.com time to read: +6 min

The economist continued: "And it's not the level of the unemployment rate that matters as far as the economic cycle is concerned — it's the change in the unemployment rate. He told Insider in a recent interview that investors should target value stocks and foreign equities, specifically Chinese stocks and those in emerging markets. For most of the past decade, value stocks were unloved while growth names went on an explosive rally. But now value stocks have made a major comeback, while growth picks have melted down. When picking stocks, Faber said he's especially interested in two qualities: a stock's valuation and momentum.

☆ 8 investments to make now as the Federal Reserve risks a recession by going 'way overboard' in raising interest rates, according to 7 top economists and strategists
▼ + stars: | 2023-02-02 | by ( James Faris | ) www.businessinsider.com time to read: +8 min

Since March, Rosenberg has warned that by trying to crush inflation, the Fed would inadvertently kill the economy as well. "I think that the odds now are that it's going to be more severe than people think because the Fed has gone way overboard," Rosenberg said of a recession. The contrarian view: With inflation falling, a recession is no guaranteeHowever, not every strategist thinks that a recession is a sure thing. But what I think we can see is the Federal Reserve is overdoing it and eventually, the Fed will have to cut rates." Fittingly, Parker's bets are contingent on his view that the US economy won't suffer from a severe recession.

☆ Activist investor Nelson Peltz is suing Florida party planners who worked on his daughter Nicola's wedding to Brooklyn Beckham, claiming he was 'hoodwinked'
▼ + stars: | 2023-01-31 | by ( Claire Atkinson | ) www.businessinsider.com time to read: +5 min

Nelson Peltz is suing Plan Design Events, a Florida company that worked on his daughter's 2022 wedding to Brooklyn Beckham. Planners are accused of botching the RSVP list for three days of events celebrating Nicola Peltz and Beckham. Activist investor Nelson Peltz is suing event planners who helped work on his daughter Nicola's splashy wedding to Brooklyn Beckham last spring, according to a December court filing. The documents state the billionaire wants his deposit back from their company, Plan Design Events. "Peltz is Hoodwinked by the Party Planners," Peltz lawyers wrote in the filing, which references Plan Design as PDE.

☆ 'P.R. job' or antidote to 'groupthink'? Bank of Canada to offer policy-meeting minutes
▼ + stars: | 2023-01-22 | by ( Steve Scherer | ) www.reuters.com time to read: +4 min

Annual inflation shot to 8.1% in June, the highest in 39 years and four times the Bank of Canada's 2% target. On the recommendation of the International Monetary Fund, the BoC in September said it would release minutes to improve transparency,Other central banks including the U.S. Federal Reserve, the Bank of England and the European Central Bank already provide some form of record of their meetings. "The big enemy for policymakers and investors is groupthink," said Marc Chandler, chief market strategist at Bannockburn Global Forex LLC. JOB'Other market-watchers say releasing minutes is more an exercise in public relations than an effort to boost transparency. Reuters GraphicsReuters GraphicsReporting by Steve Scherer, additional reporting by Fergal Smith, editing by Deepa BabingtonOur Standards: The Thomson Reuters Trust Principles.

Buffalo Bills safety Damar Hamlin was discharged from the hospital on Wednesday, after tests showed he was fit enough to rehab at home, the team announced. Hamlin left Buffalo General Medical Center after he "went through a comprehensive medical evaluation as well as a series of cardiac, neurological and vascular testing on Tuesday," according to the Bills. Damar Hamlin. That Bills-Bengals game had to be cancelled which might have cost Buffalo the No. 2 seed and will play host to the Miami Dolphins on Sunday in a wildcard-round game.

☆ Veteran economist David Rosenberg said there's 'not a snowball's chance in hell' that he'll get bullish on US stocks until this key event happens — and he's investing in these 6 assets in the meantime
▼ + stars: | 2023-01-05 | by ( James Faris | ) www.businessinsider.com time to read: +5 min

"The theme for 2023 is not recovery," Rosenberg said in a recent interview with Insider. But Rosenberg believes that the biggest sign that stocks can recover will be a bond market rally. "I think that there's not a snowball's chance in hell that we will get a bottom in the stock market without there being in advance a rally in the bond market," Rosenberg said. Rosenberg continued: "Bond yields have to come down to reestablish the equity risk premium. Outside of stocks, Rosenberg said he recommends a barbell of gold bullion and bonds.

☆ Defense stocks will be a good place for equity exposure in '23, says David Rosenberg
▼ + stars: | 2022-12-28 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDefense stocks will be a good place for equity exposure in '23, says David RosenbergDavid Rosenberg, Rosenberg Research founder and president, joins 'Closing Bell' to discuss the market impact of China's reopening, stock winners into next year and his thoughts on defense stocks.

☆ Canada's deep yield curve inversion adds to BoC rate hike dilemma
▼ + stars: | 2022-12-04 | by ( Fergal Smith | ) www.reuters.com time to read: +4 min

Canada's central bank says that the economy needs to slow from overheated levels in order to ease inflation. The yield on the Canadian 10-year government bond has fallen nearly 100 basis points below the 2-year yield, marking the biggest inversion of Canada's yield curve in Refinitiv data going back to 1994 and deeper than the U.S. Treasury yield curve inversion. The depth of Canada's curve inversion is signaling a "bad recession" not a mild one, said David Rosenberg, chief economist & strategist at Rosenberg Research. Still, 3-month measures of underlying inflation that are closely watched by the BoC - CPI-median and CPI-trim - show price pressures easing. "The yield curve would not invert to this extent unless investors also believed that inflation will drop back down toward the Bank's target," said Brown.

☆ Michael Burry, Elon Musk, and Mark Zuckerberg are raising the alarm on the US economy. Here are 8 recession warnings from top commentators this week.
▼ + stars: | 2022-12-03 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +4 min

Michael Burry and Elon Musk this week flagged the risk of a severe US recession. Experts have flagged inflation, rising interest rates, and global growth headwinds as major worries. Several of these experts blame the Federal Reserve, which has rapidly raised interest rates to curb soaring prices this year, leaving consumers facing both higher living expenses and borrowing costs. Elon Musk, CEO of Tesla, Twitter, and SpaceX"Fed needs to cut interest rates immediately. Mark Zuckerberg, CEO of Meta"We thought that the economy and the business were going to go in a certain direction, and obviously it hasn't turned out that way.

☆ Fed minutes show most policymakers want to slow the pace of interest rate rises 'soon'
▼ + stars: | 2022-11-24 | by ( Zahra Tayeb | ) www.businessinsider.com time to read: +3 min

Fed minutes showed a majority of officials are in favour of easing the pace of interest rate rises. The Fed has been lifting rates at a record pace to combat US inflation running at a 40-year high. The Fed has been aggressively lifting interest rates to combat US inflation running at 40-year highs. It's raised the benchmark interest rate by 75 basis points four consecutive times, lifting the fed funds rate from near zero to 4% as it aims to bring inflation down to its 2% target. But more important than easing the pace of interest rate hikes is the size needed to tame inflation, officials noted.

☆ This bear market still hasn't bottomed, says David Rosenberg
▼ + stars: | 2022-11-21 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThis bear market still hasn't bottomed, says David RosenbergDavid Rosenberg, Rosenberg Research president, joins 'Closing Bell' to discuss his takeaway from the Fed talks this month and what the market should prepare for going into year end.

☆ Watch CNBC’s full interview with Rosenberg Research President David Rosenberg
▼ + stars: | 2022-11-21 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC’s full interview with Rosenberg Research President David RosenbergDavid Rosenberg, Rosenberg Research president, joins 'Closing Bell' to discuss his takeaway from the Fed talks this month and what the market should prepare for going into year end.

☆ Police back Republican candidates in U.S. midterms, even those at Jan. 6 riot
▼ + stars: | 2022-11-03 | by ( Julia Harte | Daniel Wiessner | ) www.reuters.com time to read: +8 min

The rightward shift held true even in races where a Republican candidate attended the Jan. 6 rally. "But are you going to work with law enforcement, are you going to support law enforcement?" A union's backing also helps remove the stigma around a candidate's presence at the Jan. 6 rally, experts said. Van Orden has denied entering the grounds and said he left when the protest became a mob. Windorff, the Wisconsin police union president, said there was no evidence Van Orden had done anything wrong.

☆ Elon Musk, who runs four other companies, will now be Twitter CEO
▼ + stars: | 2022-11-01 | by ( ) www.reuters.com time to read: +2 min

Musk, who also runs rocket company SpaceX, brain-chip startup Neuralink and tunneling firm the Boring Company, fired Twitter's previous chief, Parag Agrawal, and other top company officials last week. Musk had previously changed his Twitter bio to "Chief Twit" in an allusion to his planned move. Twitter on Monday declined comment on how long Musk might remain CEO or appoint someone else. In another filing on Monday, Musk revealed that he became the sole director of Twitter as a result of the takeover. Last week, Musk's takeover of the social media company for $44 billion concluded a months-long saga.

☆ Inflation is in its final stages and could soon roll over, causing bond yields to peak and stocks to stabilize, JPMorgan says
▼ + stars: | 2022-11-01 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +3 min

The bank pointed to four stages of inflation, with prices surging in commodities, then goods, then services, then wages. Services prices and wages could soon fall, easing pressure on the central bank to hike rates and allowing stocks to stabilize. Combined with slowing growth, it could bring less pressure on the central bank to keep hiking rates, causing bond yields to peak and bring some relief to stocks. "As economic activity has weakened closer to contraction territory, bond yields are likely to be capped by the subdued levels of growth from here. If the view of bond yields peaking gains traction, this would go a long way in helping the equity market stabilize," analysts said.

☆ Elon Musk has dissolved Twitter's 9-person board of directors and become its sole director
▼ + stars: | 2022-10-31 | by ( Grace Dean | ) www.businessinsider.com time to read: +2 min

Elon Musk has scrapped Twitter's board of directors. Musk had himself tried to join Twitter's board in the spring before clashing with then-CEO Parag Agrawal. When first outlining his plans for his ownership of Twitter, Musk said he would need to take the company private to make his desired changes. The same evening, Musk also ousted CFO Ned Segal, chief legal officer Vijaya Gadde, and general counsel Sean Edgett, sources told Insider. Musk had himself been set to join Twitter's board before he offered to buy the company, but u-turned after clashing with Agrawal over text.

☆ Everything you want to know about Big Tech's disappointing earnings
▼ + stars: | 2022-10-31 | by ( Phil Rosen | ) www.businessinsider.com time to read: +6 min

For today's newsletter, I caught up with some finance pros over the weekend to get a sense of what we can learn from last week's earnings disappointments. Tech earnings were a huge disappointment and analysts don't see much relief on the horizon. "The common thread between the mega cap tech earnings reports this week is the companies' unwillingness to cut costs aggressively ahead of an economic slowdown, in spite of investor expectations," he said. What was your biggest takeaway from last week's Big Tech earnings? On the company's earnings call, its CFO said the surging dollar has cost Amazon more than $900 million more than expected.

☆ Stocks crashed 50% in the 2008 crisis. Here's how bad Jamie Dimon, Nouriel Roubini, Michael Burry, and other top commentators see it getting in the next recession.
▼ + stars: | 2022-10-29 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +7 min

Here's how bad a the next downturn could hit the stock market, according to five top experts. The stock market cratered from 2008-2009, with the Dow Jones Industrial Average ending at a low of 6,594 in March 2009, down more than 50% from its peak before the recession. With warning signs piling up, here's what five experts have to say about the next recession and what's in store for the stock market. "This is just the beginning of that pain," Roubini said of a potential repeat of the 2008 recession. He's voiced concerns about financial stability, warning markets that the Fed could "break something" on the way to reducing inflation.

☆ Housing is on the verge of a correction and Americans are feeling less and less upbeat about the economy
▼ + stars: | 2022-10-26 | by ( Phil Rosen | ) www.businessinsider.com time to read: +6 min

And no wonder — the economy is giving Americans less and less reason for optimism. The US housing market isn't just slowing down, it's in the early stages of a major correction. According to the latest consumer confidence report, Americans are feeling downbeat across the board. In Franco's words: "The Expectations Index is still lingering below a reading of 80 — a level associated with recession — suggesting recession risks appear to be rising." Here are the latest market moves.

☆ Top economist David Rosenberg shares 20 ETFs and investment themes that are critical plays for 'long-term return prospects' — including one that's an optimum hideout during bear markets
▼ + stars: | 2022-10-23 | by ( Morgan Chittum | ) www.businessinsider.com time to read: +5 min

Top economist David Rosenberg breaks down key investment trends for the bear market and long-term. In a recent note, Rosenberg says these 12 ETFs have "long-term return prospects." But these conditions have brought valuations back to more reasonable levels and thereby improved long-term investors' return prospects, he added. Water scarcity and food insecurityFirst, there's water scarcity. Investors who want exposure to water companies could look to exchange-traded products like Invesco's Water Resources ETF and First Trust's Water ETF, he says.

☆ This is the seventh bear market rally this year, says Rosenberg Research's David Rosenberg
▼ + stars: | 2022-10-17 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThis is the seventh bear market rally this year, says Rosenberg Research's David RosenbergRosenberg Research Founder David Rosenberg joins 'Closing Bell' to discuss hedging during a bear market rally, the nuances of consumer spending and ballooning credit card balances.

☆ Top economist David Rosenberg predicts US inflation will plummet below 3% next year - and warns the Fed's rate hikes are courting disaster
▼ + stars: | 2022-10-13 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +3 min

The Fed is fighting inflation too hard as price pressures are fading, David Rosenberg said. The Rosenberg Research chief expects inflation to drop from over 8% to below 3% in the next year. Rosenberg warned that if the Fed keeps tightening its monetary policy, it could tank house prices and spark a credit crunch in the banking sector. He suggested the Fed has a "once burnt, twice shy mentality" after reacting too slowly to the inflation threat, and may have overcorrected as a result. Notably, Rosenberg warned investors not to expect stocks to rebound instantly once the Fed starts easing its policies again.

☆ U.S. Fed would view a recession as a 'byproduct' of its goal of controlling inflation: Economist
▼ + stars: | 2022-09-22 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailU.S. Fed would view a recession as a 'byproduct' of its goal of controlling inflation: EconomistDavid Rosenberg of Rosenberg Research says the U.S. Federal Reserve has implied that a recession is on the cards.

☆ Și-a îndeplinit visul de-o viață. Un veteran al celui de-Al Doilea Război Mondial, a fost, pentru o oră, pilot de avion
▼ + stars: | 2021-06-28 | by ( Publika.Md - Aici Sunt Știrile | ) www.publika.md time to read: +1 min

Un britanic de 106 ani, veteran al celui de-Al Doilea Război Mondial, a fost, pentru o oră, pilot de avion. Donald Rose a trecut prin cel mai sângeros război din istorie, în cadrul căruia a luptat pe fronturile din Africa de Nord, Italia și Franța. Fiul său însă nu este de acord și spune că a trecut prin calvar, dar nu s-a dat bătut și s-a întors întreg acasă. Oficial, a făcut parte din infanterie, dar, defapt, a condus tot ce se putea de conduce: motociclete, tancuri, orice era nevoie", a menționat David Rose, fiul lui Donald. Deși a avut o viață plină de aventuri, Donald nu a avut până acum ocazia să-și îndeplinească visul de a pilota un avion.

Persons: Donald Rose, David Rose, Donald ., Donald Locations: Britanie, Africa de Nord, Italia, Franța, calvar

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