-
Elite Investor Stanley Druckenmiller Slams Janet Yellen For Failing To Lock In Cheap Debt: 'Worst Mistake In Treasury History'
Wednesday, November 1, 2023 - 11:16pm | 549Renowned investor Stanley Druckenmiller has strongly criticized Treasury Secretary Janet Yellen for what he calls the “worst mistake in the history of the Treasury,” leading the U.S. towards a potential debt crisis. Druckenmiller, a billionaire investor and head of the...
-
Jim Cramer Predicts Potential Stock Market Rally Triggered By Jobs Report: 'Certainly Have Plenty Of Tinder'
Thursday, October 5, 2023 - 4:27am | 688Jim Cramer indicated that a market rally could be on the horizon, driven by the upcoming September jobs report. This comes after a few challenging weeks for Wall Street. CNBC reported Cramer stating, “We certainly have plenty of tinder for a rally — there are some Kingsfords...
-
Interest Rates Are Killing Our Industry': Businesses React As Jerome Powell Warns Of Further Rate Hike
Tuesday, August 29, 2023 - 5:08am | 450The Dallas Fed’s Texas Manufacturing survey indicates that the Federal Reserve’s steady interest rate hikes are adversely influencing the economy, Business Insider reported. The August survey shows a drop in the production index, a measure of factory activity in Texas. It fell six...