financial crisis

When the market throws a delightful little soiree for the bears and headlines scream of doom, gloom and capital destruction, it often feels like it’s the end of it all. But odds are the world is not going to end. It was the same in previous bear markets. During the 1998 Russian crisis and the...

Robert Kiyosaki, businessman and author of Rich Dad, Poor Dad, is once again sounding the alarm about a potential global financial crisis. What Happened: In a recent post on X, he urged individuals to take action now by investing in gold, silver, and Bitcoin, which he views as essential assets for...

Cathie Wood, the CEO of ARK Invest, raised concerns about a potential deflationary cycle, citing a significant drop in commodity prices. What Happened: Wood, in her letter to investors on Wednesday, pointed out the surprising downtrend in commodity prices since 2008. She highlighted that the...

Wharton professor Joao Gomes has expressed concern over the rapid growth of U.S. debt. He predicts that if Congress does not take immediate action, the U.S. could face a debt crisis by 2025. What Happened: Gomes compared the situation with the UK’s 2022 financial crisis. He suggested the U.S...

JPMorgan Chase & Co‘s clients have been warned by its chief global equity strategist, Dubravko Lakos-Bujas, of a potential “out-of-the-blue” shock to the stock market. This warning comes amid a strong first quarter for stocks. What Happened: Lakos-Bujas cautioned investors on...

Few concepts are as fundamental and powerful as interest. Widely recognized as the bedrock of economic growth and wealth accumulation, interest is a force that shapes our financial decisions and long-term prospects. But at its core, interest embodies the paradox of being a reward and a risk—a...

Back in 2008, there was no topic more polarizing than the Treasury Department's financial bailouts of then-failing American companies. Supporters of the bailouts argued they were necessary to prevent economic collapse, while opponents argued it was not taxpayers' responsibility to...

Depositors of Silicon Valley Bank (NASDAQ: SIVB) will have access to all their money starting Monday, according to regulators. The Federal Reserve Board, Federal Deposit Insurance Corporation (FDIC), and Treasury Department in a joint statement said that the FDIC will complete its...

Dubravko Lakos, chief U.S. equity strategist and global head of quantitative research at JPMorgan Chase & Co, reportedly said the risk of unknown unknowns is the highest since the global financial crisis at a time when there has been a sharp increase in the cost of capital. "Today, what you are...

Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened? On this day, the Dow Jones Industrial Average hit its lowest point of the financial crisis of 2008 and 2009. Where The Market Was The S&P 500 was trading at 683.38 and the Dow dipped as low...

Former hedge fund manager and “Big Short” fame investor Michael Burry is sounding off on the state of the market once again, with more warnings. What Happened: Burry, who deletes his tweets days after they are posted, said on Wednesday: “Crypto crash. Check. Meme...

Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened? On March 16, 2008, Bear Stearns merged with JPMorgan Chase & Co. (NYSE: JPM). Where The Market Was: The Dow finished the next day at 11,972.25. What Else Was Going On In The World...

Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened? On Oct. 22, 2008, Wachovia Bank stunned Wall Street by reporting a $23.9 billion quarterly loss. Where The Market Was: The Dow Jones Industrial Average traded at 8,519, and the S...

At this point, it looks certain the coronavirus (COVID-19) outbreak could trigger the first U.S. recession since 2008. However, the stock market is now reacting very differently today than it did in 2008. On Sept. 29, 2008, the S&P 500 dropped 8.8%, its first drop of more than 5% in a single...

Investors who owned stocks in the 2010s generally experienced some big gains. In fact, the SPDR S&P 500 (NYSE: SPY) total return for the decade was 250.5%. But there’s no question some big-name stocks didn’t keep pace along the way. Fannie Mae’s Difficult Decade One market...