-
'This Is Worrying': Top Economist Warns Of Stress Building In Global Financial System
Thursday, October 13, 2022 - 7:07am | 405“This is worrying," tweeted Robin Brooks, chief economist at the Institute of International Finance, a global trade group composed of the 400 most important banks and financial institutions around the globe. What Happened: Brooks warned of stress building up in the global...
-
Druckenmiller: Global Debt A Looming Problem
Friday, June 7, 2019 - 11:24am | 620Billionaire hedge fund manager Stanley Druckenmiller told CNBC Friday that the U.S. could be in trouble when the next recession hits thanks to the massive amount of corporate debt companies are holding. Druckenmiller isn’t the only expert concerned with debt levels around the world, as...
-
Dimon Thinks Governments Are Going To Crush Bitcoin One Day
Friday, October 13, 2017 - 3:46pm | 349Jamie Dimon spoke at the Institute of International Finance about cryptocurrencies. He said blockchain technology is great and he finds digital currencies and cryptocurrencies useful. JPMorgan Chase & Co. (NYSE: JPM) moves $6 trillion every day digitally and doesn't use cash. He wouldn'...
-
Icahn, Investors Bearish On Everything
Thursday, October 1, 2015 - 4:39pm | 538Volatility is the buzzword of the year. It seems like every other day, the markets are moving at swings that are normally seen as indicators of the beginnings of months-long selloffs. This buzzword has percolated into every facet of the market. Credit traders are watching more closely as rates...