News
U. S. economy is on its "way over the cliff, warns senior economist
2+ hour, 50+ min ago (383+ words) Macro strategist Henrik Zeberg has renewed his warning that the U. S. economy is moving closer to a recession as labor market conditions continue to weaken." The economist has argued that slowing job creation poses a direct threat to GDP growth and,…...
Billionaire Ray Dalio picks 2 must-have assets in H2 2026
1+ week, 22+ hour ago (282+ words) Billionaire investor Ray Dalio's AI-powered twin, Digital Ray, has identified short-duration Treasury bonds and gold as two of the most important assets to hold during the second half of 2026. According to the AI model, short-duration Treasury bonds offer a combination…...
Banking giant warns investors to take profits amid "too many red flags
1+ week, 5+ day ago (357+ words) Bank of America is warning investors to take profits on U. S. stocks as a growing number of bear market indicators suggest the market may be approaching a peak. The bank's strategists said 70% of the warning signals they monitor have now been…...
Recession Warren Buffett indicator hits all-time high
3+ week, 2+ day ago (299+ words) The Warren Buffett indicator, a metric used to measure overall market valuation, has hit an all-time high of 236%, showing that U. S. stocks are more expensive relative to the size of the economy than ever in history. In comparison, the ratio sat…...
Robert Kiyosaki reveals why "death of the US dollar" is coming
3+ week, 6+ day ago (609+ words) Late on Sunday, May 24, famous author and prominent investor Robert Kiyosaki took to X to issue another warning about the possible "death of the US dollar," directly linking the gloomy outcome to the ongoing conflict between the U. S. and Iran. Specifically,…...
Was Robert Kiyosaki right about the "toilet paper dollar?
1+ mon, 2+ day ago (484+ words) In April 2023, "Rich Dad Poor Dad" author Robert Kiyosaki warned that the U. S. dollar could effectively become "toilet paper" as inflation, banking instability, and de-dollarization fears shook global markets. Three years later, with inflation still elevated, the U. S. debt burden surging, and…...
Three years after Robert Kiyosaki's "toilet paper dollar' warning, has he been proven right?
1+ mon, 2+ day ago (661+ words) The prominent investor and author of the best-selling personal finance book "Rich Dad Poor Dad," Robert Kiyosaki, has been bearish regarding the global economic systems set-up in the previous and current century and arguably downright hostile toward fiat currencies for…...
$10, 000 worth of savings when Jerome Powell became Fed Chair is worth this much on his last day
1+ mon, 6+ day ago (396+ words) There is little doubt that Federal Reserve Chair Jerome Powell's incumbency has been a period of both financial and political turbulence and that the American currency has, in the eight years, lost much of its purchasing power. Indeed, between allegations…...
Warren Buffett warns on crypto speculation
1+ mon, 2+ week ago (321+ words) Warren Buffett, Executive Chairman of Berkshire Hathaway (NYSE: BRK), cautioned investors about the surge in speculative activity, especially in the crypto market. Buffett stated that investors have never been in a more gambling mood than right now, according to a…...
Legendary economist warns U. S. recession to hit by end of 2026
1+ mon, 2+ week ago (426+ words) Veteran economist and former Merrill Lynch strategist Gary Shilling has warned that the United States is likely headed for a recession by the end of 2026. According to Shilling, the possibility of an economic downturn is likely to emanate from weakening…...