Elon Musk and His Fellow Billionaires' Wealth Have Had a Rough 2022
Insider's Phil Rosen counts up how much money the wealthiest Americans have lost in 2022 - and the role of tech stocks in billionaires' net worth.
Source: businessinsider.com
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Top News In 0 Things Today - Breaking & Trending Today
Sam Bankman-Fried's FTX Saga Is Getting More Weird and Strange.
FTX directed users to wire money to a fake online electronics retailer, and SBF bought Robinhood using customer funds — Insider's Phil Rosen breaks it down.
Source: businessinsider.com
This Billionaire Investor Won't Be Fighting the Fed in 2023
Between the central bank's high interest rates and plans to reduce its balance sheet, liquidity is draining from markets. That's bad news for stocks.
Source: businessinsider.com
The Housing Market Is Slumping and More Pain Could Still Be Ahead.
Insider's Phil Rosen breaks down how labor shortages, rising costs, and soaring mortgage rates have weighed on housing - and could continue to do so.
Source: businessinsider.com
Santa Rally for Stocks Looks Unlikely - and That's Bad News for 2023
A holiday surge in stocks is looking less and less likely, which means the S&P 500's losses this year will drag into 2023.
Source: businessinsider.com