Central banks worldwide raise borrowing costs, driving up interest rates. Short sellers bet over $1tn against US stocks while Goldman Sachs names 50 top-performing stocks. Warren Buffett donates $5bn in charity shares.
Federal Reserve Chair Jerome Powell warns inflation is high, and interest rates could rise soon. The Fed needs to balance keeping the economy stable while cooling inflation. Goldman Sachs advises investors to consider hedging for a potential recession.
Stocks are expected to fall 15% due to AI hype overshadowing recession warning signals, warns Phillip Wool from $17bn asset manager Rayliant. Weak market breadth & rising interest rates also threaten stocks.
The U.S. stock market has rebounded after 15 tumultuous months and experts suggest 30 promising stocks immune to inflation. Tesla is a top AI bet and value stocks may outperform in the imminent recession. However, Moscow's seizure legislation and Bitcoin dip cause concern.
ChatGPT is a powerful tool for managing your finances with impressive speed and accuracy. Its AI chatbot can personalize a financial plan based on your income, spending, and debts. While not a replacement for human financial advisors, ChatGPT can be a helpful starting point for your financial planning.
Explore the evolution of tech policy from Obama's optimism to Harris's vision at the Democratic National Convention. What's next for Democrats in tech?