Global recession is inevitable if Strait of Hormuz stays shut, says Citadel's Ken Griffin
A prolonged blockage of the Strait of Hormuz for the next six to 12 months will mean an unavoidable recession, the billionaire investor said.…
Category: Business & Finance
Analyst Warns That Oil Prices Threaten Banks
JP Morgan’s earnings look strong, but the real story is beneath the surface says Baird Senior Research Analyst…
Blackstone’s Joan Solotar says investors should separate ‘signal from the noise’ in private credit
Joan Solotar, global head of Blackstone Private Wealth, said the capital flight from private credit isn't justified by the…
ECB's Lagarde on Iran War's Economic Impact, Rates and AI
European Central Bank President Christine Lagarde discusses the impact of the war in Iran and AI on the…
Katrina Dudley on Oil Prices, Market Impact of War In Iran
Katrina Dudley, senior investment strategist at Franklin Templeton, discusses energy prices and market impacts of the war in…
Goldman Sachs Private Credit Fund to Sell $500 Million Bond
A Goldman Sachs Group Inc. private credit fund is selling high-grade bonds on Tuesday, according to people with…
Bessent Warns on Global Imbalance, China Trade Surplus
US Treasury Secretary Scott Bessent said, “the world cannot take a China with a trillion-dollar trade surplus,” as…
Credo’s stock surges. Here’s why its new acquisition ‘makes perfect sense.’
Bringing silicon photonics technology in-house will improve supply chain and cost structure, one analyst said.…
Globalstar’s stock is soaring. Amazon is buying the company to challenge Elon Musk and Starlink.
Globalstar’s stock is heading toward an 18-year high on the back of an Amazon buyout deal, and has…
Iran war will hit UK growth the hardest of any rich economies, IMF says
The IMF said that the U.K. will be hardest hit out of all developed economies as a result…