Jim Rogers: Next bear market will be ‘the worst in my lifetime’ — here are 3 assets he’s using for 2022 crash protection The Santa Claus rally has brought the market to new highs as we enter 2022, but it’s important to remember that stocks don’t always go up in straight lines. Famed investor Jim Rogers has seen quite a few bear markets in the last half century, and he fears the biggest one yet could be right around the corner. “The next bear market will be the worst in my… Source link
Read More »‘Crash and depression’ are coming — here are the 6 simple ways he’s looking to get rich from the fallout
Kiyosaki: ‘Crash and depression’ are coming — here are the 6 simple ways he’s looking to get rich from the fallout U.S. consumer prices climbed by 6.8% in November, marking the fastest pace in 39 years. And while the stock market continues to largely shrug off inflation concerns, many well-known investors have been busy sounding the alarm. Rich Dad Poor Dad author Robert Kiyosaki is one of the more vocal ones. “Crash and Depression coming,” Kiyosaki tweeted earlier this week. “Time… Source link
Read More »Mohamed El-Erian says the Fed’s inflation screwup will ‘go down in history’ — but he’s using these 3 stocks to take advantage
Mohamed El-Erian says the Fed’s inflation screwup will ‘go down in history’ — but he’s using these 3 stocks to take advantage If a prominent economist is right, the Federal Reserve’s reaction to skyrocketing inflation is “going to go down in history as one of the worst inflation calls.” The Fed has said for months that inflation is a “transitory” trend triggered by the COVID-19 pandemic. Mohamed El-Erian, chief economic adviser at asset management firm Allianz SE, doesn’t… Source link
Read More »Warren Buffett keeps selling billions worth of stock in this frothy market — but here are 3 new places where he’s managed to find value
Warren Buffett keeps selling billions worth of stock in this frothy market — but here are 3 new places where he’s managed to find value Bloated valuations in today’s stock market aren’t exactly appealing to value investors. So it’s no surprise that the most famous value investor of all continues to reduce his stock market exposure. In Q3, Warren Buffett’s holding company Berkshire Hathaway sold a net $2 billion stock, including a complete exit of pharmaceutical giant Merck as well as… Source link
Read More »Maybe Biden should quit while he’s ahead
What if President Biden signed the big infrastructure bill Congress just passed … and then nothing much happened for the next 12 months? No more “build back better” legislation, no more Democratic infighting over social-welfare spending, no more kowtowing to Joe Manchin? If Biden’s sole focus were regaining his popularity and giving his party a fighting chance in next year’s midterm elections, he might just abandon the huge green-energy and social-welfare bill Democrats are still… Source link
Read More »Crypto founder Do Kwon explains why he’s suing the SEC
The crypto founder going on the offensive in the industry’s latest battle with the Securities and Exchange Commission (SEC) called out a lack of understanding as a big problem among regulators. Terraform Labs co-founder and CEO Do Kwon, who sued the SEC Friday to quash a recent subpoena, explained to Yahoo Finance at Monday’s All Markets Summit that regulators are still learning that some of the code and protocols launched in the sector are no longer controlled by centralized entities, but… Source link
Read More »Michael Burry’s ‘mother of all crashes’ warning is still in play — but here are 3 stocks he’s bullish on
Michael Burry’s ‘mother of all crashes’ warning is still in play — but here are 3 stocks he’s bullish on “The Big Short” guy is sounding the alarm again. Michael Burry, the hedge fund manager who famously bet against the country’s housing market in 2008, recently proclaimed in a since-deleted tweet, “Bond & stock markets depend on a Fed stripped of all credibility.” It’s not his first warning. “All hype/speculation is doing is drawing in retail before the mother of all… Source link
Read More »Snowden flouts court ruling with paid speeches, Substack: ‘He’s above the law’
Iowa State University paid $35,000 for Edward Snowden to make a digital appearance earlier this year, Yahoo Finance has learned, and the exiled leaker started a newsletter despite a court ruling that placed a permanent injunction on similar paid speeches and writings without authorization from his former government employers. The situation creates a dilemma for the U.S. government: Move to enforce the terms of the Sept. 29, 2020 court ruling, which would raise complicated legal issues, or… Source link
Read More »Broadcom CEO Says He’s Sacrificing Sales to Avoid a Future Crash
(Bloomberg) — When Broadcom Inc. reported slower sales growth than some of its peers on Thursday, Chief Executive Officer Hock Tan gave a surprising reason: It was on purpose. Even with demand for its chips surging, the company is tightly controlling which orders it fills, he said on a conference call Thursday following Broadcom’s third-quarter report. The idea is to sacrifice some current sales to avoid creating a glut in the future. “We can show bigger numbers, but that means we will… Source link
Read More »Cuomo is lucky he’s not a CEO
Outgoing New York Gov. Andrew Cuomo seems to feel like he was railroaded out of his job. During an August 10 news conference where he announced his plan to resign in two weeks, Cuomo acknowledged behaving boorishly but insisted he didn’t sexually harass any of the 11 women who have accused him of that. “I never crossed the line with anyone,” Cuomo said, “but I didn’t realize the extent to which the line has been redrawn.” Given that he’s finally resigning, maybe it doesn’t… Source link
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