Morgan Stanley raises recession odds for the next year as inflation surges
The risk of a recession in the U.S. is growing rapidly, according to Morgan Stanley economists, as stubbornly high inflation threatens to weigh on economic activity.
Market sell-off presents an opportunity, ‘the sky is not falling’: strategist
Hennessy Funds chief market strategist Neil Hennessy and Creative Planning CEO Peter Mallouk discuss where to invest as the market plummets on ‘The Claman Countdown.’
LendingClub CEO: We’re disrupting banking from within
Scott Sanborn explains how they are helping customers consolidate debt on ‘The Claman Countdown.’
Housing supply and demand has normalized: Angi CEO
Angi CEO Oisin Hanrahan discusses how supply chain issues are impacting home services on ‘The Claman Countdown.’
Fed not equipped to get inflation under control: Market analyst
The Cow Guy Group founder Scott Shellady and TJM Investments managing director Tim Anderson analyze the impact of inflation and gas prices on the retail sector.
Federal Reserve doing ‘very little’ to alleviate financial pain: Marc Lopresti
The Strategic Funds managing director discusses the Federal Reserve and their response to rising costs in the retail sector on ‘Mornings with Maria.’
Investment expert warns US in 'largest bubble of our lifetime'
Eddie Ghabour, the co-founder of Key Advisors Group LLC, warns the Fed is 'going to suck liquidity out of the system' and the bubble 'is going to burst.'
US gas prices 'knocking on the door' of $5: Energy expert
The Schork Group principal Stephen Schork says the U.S. doesn't have the oil refinery capacity to meet demand.
Lowe's sales disappoint as late spring hurts seasonal demand
Americans hunkered down during the lockdowns engaged in more do-it-yourself (DIY) home projects, lifting sales of paint and building materials at Lowe's and bigger rival Home Depot in 2020.
Target profit halves on rising costs, warns of bigger margin hit
The bleak results come a day after larger rival Walmart Inc cut its annual profit view, even though both retailers clocked better-than-expected quarterly sales.
Here’s what Warren Buffet is buying and selling
Great Hill Capital chairman Thomas Hayes and Revere Securities managing director Scott Fullman discuss if now is the time to start buying on ‘The Claman Countdown.’
Ramp corporate card takes on AMEX and BOA
Ramp co-founder and CEO Eric Glyman reveals his plan to disrupt the travel industry on ‘The Claman Countdown.’
Tanger CEO: Inflation drives consumers to look for value
Tanger CEO Stephen Yalof discusses the new Nashville location and the state of retail on 'The Claman Countdown.'
US recession more likely 2023-24 issue: Market expert
BMO Capital Markets chief investment strategist Brian Belski predicts the market is entering 'recovery mode.'
US 'heading to a mild recession': Investment expert
Potomac Wealth Advisors President Mark Avallone argues a recession is 'more than likely,' but the focus should be on 'the depth' as a mild one 'could be very manageable.'
Walmart cuts full-year profit forecast as fuel, labor costs spike
The company has fared better than most rivals in maintaining inventory levels due to its massive scale and negotiating power with suppliers, but costs have soared as it expedited shipments and chartered cargo ships to get products on shelves.
Bitcoin is like the Microsoft of the crypto world: Tim Draper
Draper Associates founding partner analyzes the crypto collapse and if stablecoins will survive on ‘The Claman Countdown.’
Can’t say the stock market lows of 2022 are in: Trader
SlateStone Wealth chief market strategist Kenny Polcari and T3 Trading CSO Scott Redler assess the recent stock market reversal on ‘The Claman Countdown.’
Affirm CEO tells shareholders how he will turn the stock around
Affirm co-founder and CEO Max Levchin discusses how consumers can regain spending power as inflation surges on ‘The Claman Countdown.’