global economy

Roubini Warns: The Fed May Halt Rate Cuts or Hike Rates Amid Geopolitical-Driven Inflation

On April 5, 2024, Dr. Nouriel Roubini, a respected economist (though not in the crypto community due to his anti-crypto views), who is the Chairman and CEO of Roubini Macro Associates, provided a nuanced perspective on the global economic outlook, focusing on interest rate expectations, geopolitical risks, and the performance of the US economy. His […]

Global Debt Reached a Record High of $313 Trillion in 2023, Reports Institute of International Finance

According to a recent Reuters article, global debt levels have surged to a new record high of $313 trillion in 2023. This unprecedented increase has placed developing economies in a precarious position, as they now face a fresh peak in the ratio of debt to their gross domestic product (GDP), the Institute of International Finance […]

Personal Finance Guru Andrei Jikh Explains How OpenAI’s Sora ‘Will Change The Global Economy Forever’

In a captivating YouTube video titled “Sora AI: Will Change The Global Economy FOREVER,” personal finance guru Andrei Jikh delves into the groundbreaking advancements in artificial intelligence, particularly focusing on OpenAI’s Sora. This AI technology is poised to revolutionize not just the global economy but the very fabric of content creation, filmmaking, and photography. Jikh […]

Global Economic Outlook Brightens as Inflation Recedes, with the U.S. Leading the Charge

As 2024 unfolds, the global economy is embracing a wave of optimism, marked by diminishing inflation and resilient growth that has surpassed expectations. Among developed nations, the United States is particularly noteworthy for its economic vigor. According to a report by Jeanna Smialek, Ana Swanson, Alan Rappeport and Jim Tankersley for The New York Times […]

Billionaire Investor Ray Dalio Expresses Pessimism Over Global Economy in 2024

Earlier today, Ray Dalio, the founder of Bridgewater Associates, expressed a pessimistic outlook for the global economy in 2024 during a panel discussion at the Future Investment Initiative event in Riyadh, Saudi Arabia (24-26 October 2023). David Rubenstein, the co-founder of Carlyle, moderated the discussion. The 74-year-old American, whose net worth is estimated by Forbes to be […]

JPMorgan CEO Jamie Dimon Cautions on Geopolitical Risks and Calls for ‘Real Leadership’

Jamie Dimon, the Chief Executive Officer of JPMorgan, recently expressed his concerns about the current geopolitical landscape and the need for effective leadership to navigate through it. According to CNBC, earlier today, speaking from Riyadh at Saudi Arabia’s Future Investment Initiative conference, commonly referred to as “Davos in the Desert,” Dimon compared the present situation […]

Billionaire Hedge Fund Manager Paul Tudor Jones: ‘This Might Be the Most Threatening and Challenging Geopolitical Environment I Have Ever Seen’

Paul Tudor Jones (PTJ), the founder and CIO of Tudor Investment and founder of the Robin Hood Foundation, recently spoke with Andrew Ross Sorkin and Joe Kernen on CNBC’s “Squawk Box.” PTJ emphasized that the current geopolitical uncertainty and the U.S. fiscal situation make it a perilous time for equity investors: “It’s a really challenging […]

JPM Q3 2023 Earnings: JPMorgan CEO Says ‘This May Be the Most Dangerous Time the World Has Seen in Decades’

On 13 October 2023, JPMorgan Chase (NYSE: JPM) announced its financial results for the third quarter of 2023. Jamie Dimon, the Chairman and CEO of the financial giant, provided insights into the company’s performance and future outlook in both a press release and during the earnings call. Press Release Insights Jamie Dimon stated that the […]

Legendary Investor Jim Rogers Foresees the Decline of US Dollar Dominance, Eyes Chinese Yuan as Contender

Jim Rogers, a renowned American investor and co-founder of the Quantum Fund with George Soros, conveyed that the era of the US dollar as the world’s primary currency is likely nearing its end. He indicated that the influence of the American currency is on a downward trajectory globally. Jim Rogers has gained recognition for his […]

Billionaire Ray Dalio Reverses Stance: Cash Now ‘A Relatively Attractive Asset Class’

Ray Dalio, the founder of Bridgewater Associates, spoke with David Westin, the anchor of Bloomberg Television’s “Bloomberg Wall Street Week,” at the Greenwich Economic Forum’s annual conference held on 3-4 October 2023. The 74-year-old American, whose net worth is estimated to be around $15.4 billion (as of 9 October 2023), created the asset management firm Bridgewater Associates […]

Peter Schiff Issues Grave Warnings on Soaring Oil Prices and Upcoming Financial Crisis

Recently, Peter Schiff, the CEO of Euro Pacific Capital and a long-time critic of Bitcoin, made a series of alarming statements on social media platform X, formerly known as Twitter. He also holds multiple positions in other financial firms, such as Euro Pacific Asset Management, an autonomous investment advisory service; Schiff Gold, previously known as […]

JPMorgan CEO Warns of Rising Energy Prices and Geopolitical Tensions in CNBC TV18 Interview

On 26 September 2023, Jamie Dimon, the Chairman and CEO of JPMorgan Chase (aka “JPMorgan”), engaged in a comprehensive interview with Shereen Bhan, the Managing Editor of CNBC TV18. JPMorgan Chase & Co., a leading financial services firm headquartered in the United States, boasts a global operational footprint. As of June 30, 2023, the company […]

JPMorgan Chase CEO: “We’ve Been Spending Money Like Drunken Sailors Around the World”

JPMorgan Chase & Co., a leading financial services firm headquartered in the United States, boasts a global operational footprint. As of June 30, 2023, the company reported $3.9 trillion in assets and $313 billion in stockholders’ equity. Specializing in various financial sectors such as investment banking, consumer and small business services, commercial banking, financial transaction […]

Global Economy on a Tightrope: Dr. Nouriel Roubini Warns of 10% Market Correction

Dr. Nouriel Roubini, CEO of Roubini Macro Associates and a leading authority on macroeconomics, has a history of making accurate economic forecasts. He gained widespread recognition for his 2006 warning about the impending global financial crisis, which came to fruition in 2008. With a rich academic background and extensive policy experience, Roubini has served as […]