Recession

The "Shark Tank" investor is worried about the impact that the central bank's tightening campaign could have on small businesses.

Jeremy Siegel says a brighter earnings outlook, and the prospect of no more interest-rate hikes until at least December, are good news for stocks.

The Rosenberg Research president explained his grim economic outlook in a new interview. These are the biggest takeaways.

"It seems the lights are going out all over the US smaller-cap corporate sector," says Societe Generale's Albert Edwards.

The cooling of labor market tells investors that the Fed may finally be able to make a dovish pivot on monetary policy.

"We've had the biggest interest rate shock since 1981, Rosenberg said, noting that a severe recession followed in 1982.

JPMorgan Asset Management's David Kelly shared why he's cautiously optimistic about the US economy, and where investors should put their money now.

"Credit card borrowing costs are the highest since records began in 1972 so there is going to be a lot of pain out there," ING Economics said.

The many risks to stocks include AI disappointment, an economic slowdown, and more banking woes, says Tudor Investments' Ulrike Hoffmann-Burchardi.

"Boy, the data are surprising to the upside," the bank's global chief economist Seth Carpenter said Wednesday.

Higher interest rates haven't caused a recession or spike in unemployment yet, but Americans should put some cash on the side, Kevin O'Leary says.

The Federal Reserve will struggle to bring inflation down to its 2% target without triggering a recession, Key Advisors' Eddie Ghabour says.

The share of people who are optimistic about their current financial situation decreased, while those citing "bad conditions rose.

Financial planner Hanna Horvath says bulking up your emergency fund and taking courses to advance your career are smart moves.

David Rosenberg expects stocks to slump as economic woes mount, and says many homeowners are trapped after striking cheap mortgage deals in the past.

"When you go from record-low mortgage rates to levels that we haven't seen for almost 20 years, you've destroyed both demand and supply," El-Erian said.

Buffett's company has sold stocks and amassed cash, signaling he expects a recession and plans to scoop up the bargain assets that emerge, Steve Hanke says.

Four Big Tech companies - Apple, Microsoft, Tesla, and Meta - have lost a combined $625 billion in market value this month.

"This financial euphoria episode has gone to a sustained high that makes the dot-com bubble look like small change," says Bill Smead.

Rolex made a surprise move deeper into the retail space, sending shares of independent seller Watches of Switzerland down about 21%.