Trump's tariffs shutting down US businesses laying off workers.

[k1976]

This is also an opinion…but iMHO,it deserve a few seconds of our lifetime

Warren Buffett Convinced Me To Focus More On Stocks And Less On Crypto, eToro CEO says

David Okoya
Thu, May 22, 2025 at 11:15 PM GMT+8 3 min read

https://www.interactivebrokers.com.sg/mkt
Start investing today!interactive brokers•
Ad

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.

• eToro CEO Yoni Assia has suggested that advice from Warren Buffett influenced the firm to maintain a stock trading focus over cryptocurrencies.
• According to Assia, eToro was early to cryptocurrencies.
• eToro had an impressive debut on the Nasdaq.

It is no secret that Berkshire Hathaway (NYSE:BRK, BRK.B)) CEO Warren Buffett, one of the most famous investors ever, is no fan of cryptocurrencies, once describing Bitcoin, the largest cryptocurrency by market capitalization, as “rat poison squared.”

And when the Oracle of Omaha speaks, people tend to listen. In one example of this, eToro (NASDAQ:ETOR) CEO Yoni Assia recently revealed that Buffett convinced him not to bet too much on cryptocurrencies.

 

[Leongsam]

Intermission....

 

[k1976]

Another humble opinion

JP Morgan chief warns of ‘complacency’ as markets look past credit downgrade​

Jamie Dimon says possibility of stagflation far higher than investors realize as markets shake off Moody’s triple-A cut

Callum Jones in New York
Mon 19 May 2025 21.38 BST
Share


JP Morgan’s chief executive, Jamie Dimon, warned on Monday that investors were being too complacent as markets shook off news that the US has lost its last triple-A credit rating amid fresh concern over the federal government’s burgeoning debt pile.

Credit ratings agency Moody’s dealt a blow to Washington on Friday when it stripped the US of its top-notch rating, downgrading the world’s largest economy by one notch to AA1 and become becoming the last of the big three agencies to drop its triple-A rating for the US.


The announcement unnerved markets on Monday morning, but stock markets had recovered by the end of the day.

 

[k1976]

Dimon Warns of US Stagflation Risk, Says Fed Right to Hold​

WATCH: Dimon says the Federal Reserve is “doing the right thing to kind of wait and see before they decide.”Source: Bloomberg

By Ambereen Choudhury and Haslinda Amin

May 22, 2025 at 12:12 PM GMT+8
Updated on
May 22, 2025 at 9:27 PM GMT+8
Save
Translate

Takeaways NEW​

Subscribe to Economics Daily for the latest news and analysis.

Jamie Dimon said he can’t rule out the possibility of stagflation as the US grapples with huge risks from geopolitics, deficits and price pressures.

Have a confidential tip for our reporters? Get in Touch
Before it’s here, it’s on the Bloomberg Terminal

​

 

[k1976]

Jamie Dimon warns that stagflation, an economic nightmare scenario, is still a risk​

By Anna Cooban, CNN
Published 6:49 AM EDT, Thu May 22, 2025

Qilai Shen/Bloomberg/Getty Images
JPMorgan Chase CEO Jamie Dimon.
LondonCNN —
JPMorgan Chase CEO Jamie Dimon isn’t ruling out stagflation in the United States, citing risks posed by large government budget deficits, including in America, and the disruption to global trade induced by US tariffs.

The term refers to a nightmare combination of economic stagnation or even a recession and rising inflation. It’s a very tricky scenario for central banks to navigate: raising interest rates to rein in inflation risks stifling growth and pushing up unemployment, but cutting interest rates to juice the economy could stoke inflation.

“There’s a chance that (we’ll) have stagflation (in the US),” Dimon told Bloomberg Television in Shanghai, China, Thursday. The billionaire stressed that he was not making a prediction but that “we have to be prepared for something like that.”

Global fiscal deficits are inflationary. I think the remilitarization of the world is inflationary. The restructuring of trade is inflationary. And this is not all an American thing,” he added.




Jamie Dimon continues to warn of recession, despite pullback in China tariffs
Dimon’s comments come as President Donald Trump is trying to pass a “big, beautiful bill” through Congress that would slash taxes for Americans — a move the nonpartisan Congressional Budget Office estimates would add trillions of dollars to the federal deficit over the coming years.

On Monday, Dimon told investors he believes that the odds of stagflation are likely twice that of what others have projected.

He also said that the full effects of Trump’s tariffs have yet to be felt and that markets are exhibiting an “extraordinary amount of complacency” in the face of those and other risks.

The US Federal Reserve has kept its benchmark interest rate steady since January as Trump’s erratic trade policy has injected a huge amount of uncertainty into the world’s largest economy — in turn provoking robust criticism from Trump who would like to see rates fall.

In his Thursday interview at JPMorgan’s China Summit, Dimon disagreed with the idea that the Fed was operating in a “sweet spot.”

“The (US) economy has been doing well… we’ve effectively been in a soft landing,” he said, referring to the central bank’s success in bringing inflation down without tipping the economy into recession. But he added: “That does not tell you what the future’s going to be.”

 

[Leongsam]

 

[Leongsam]

Jamie Dimon warns that stagflation, an economic nightmare scenario, is still a risk​

By Anna Cooban, CNN
Published 6:49 AM EDT, Thu May 22, 2025

Qilai Shen/Bloomberg/Getty Images
JPMorgan Chase CEO Jamie Dimon.
LondonCNN —
JPMorgan Chase CEO Jamie Dimon isn’t ruling out stagflation in the United States, citing risks posed by large government budget deficits, including in America, and the disruption to global trade induced by US tariffs.

The term refers to a nightmare combination of economic stagnation or even a recession and rising inflation. It’s a very tricky scenario for central banks to navigate: raising interest rates to rein in inflation risks stifling growth and pushing up unemployment, but cutting interest rates to juice the economy could stoke inflation.

“There’s a chance that (we’ll) have stagflation (in the US),” Dimon told Bloomberg Television in Shanghai, China, Thursday. The billionaire stressed that he was not making a prediction but that “we have to be prepared for something like that.”

Global fiscal deficits are inflationary. I think the remilitarization of the world is inflationary. The restructuring of trade is inflationary. And this is not all an American thing,” he added.


Jamie Dimon continues to warn of recession, despite pullback in China tariffs
Dimon’s comments come as President Donald Trump is trying to pass a “big, beautiful bill” through Congress that would slash taxes for Americans — a move the nonpartisan Congressional Budget Office estimates would add trillions of dollars to the federal deficit over the coming years.

On Monday, Dimon told investors he believes that the odds of stagflation are likely twice that of what others have projected.

He also said that the full effects of Trump’s tariffs have yet to be felt and that markets are exhibiting an “extraordinary amount of complacency” in the face of those and other risks.

The US Federal Reserve has kept its benchmark interest rate steady since January as Trump’s erratic trade policy has injected a huge amount of uncertainty into the world’s largest economy — in turn provoking robust criticism from Trump who would like to see rates fall.

In his Thursday interview at JPMorgan’s China Summit, Dimon disagreed with the idea that the Fed was operating in a “sweet spot.”

“The (US) economy has been doing well… we’ve effectively been in a soft landing,” he said, referring to the central bank’s success in bringing inflation down without tipping the economy into recession. But he added: “That does not tell you what the future’s going to be.”

He does not have a good track record so I would take his pessimism with a pinch of salt.

 

[k1976]

Current Bond King opinion

Opinion:​

Easy money was never meant to last forever: Expect a 4% return on cash, 5% on bonds and 6% from stocks.​

By


Charlie Garcia
Last Updated: April 25, 2025 at 1:16 p.m. ET
First Published: April 24, 2025 at 7:35 a.m. ET

DoubleLine bond-fund manager Jeff Gundlach says to expect volatility and manage risk deliberately.
Investment firm DoubleLine released a conversation earlier this week featuring none other than the “bond king” himself, DoubleLine founder and Chief Executive Jeffrey Gundlach, and Bianco Research’s Jim Bianco. The two market veterans dissected President Donald Trump’s latest “reciprocal” tariffs like the seasoned economic surgeons they are.

(Watch the entire illuminating chat here. Their meeting was held before Trump walked back his threats to fire Federal Reserve Chair Jerome Powell, and before U.S. Treasury Secretary Scott Bessent outlined the Trump administration’s softer approach to its trade strategy.)

Read: Scott Bessent offers a gentler message, saying ‘America First’ does not mean ‘America alone’



In his remarks, Gundlach calmly explained why the financial markets are currently bouncing around unpredictably. He and Bianco navigated the minefield of tariff-induced inflation and Europe’s surprising financial resurgence, and they reminded us that American workers might end up footing the bill for all this geopolitical bravado.

It’s exactly the sort of incisive financial clarity investors — and politicians pretending to understand economics — need right now.


Read: The Treasury market is tipping its hand. Stock investors aren’t seeing it.

For those who don’t spend their days watching bond markets (a group of normal people I deeply envy), Gundlach is affectionately known as Wall Street’s “bond sing” — presumably because “supreme commander of fixed-income instruments” wouldn’t fit neatly on a business card.

Gundlach, you see, specializes in presenting uncomfortable truths without ever appearing uncomfortable himself. When he starts warning about economic tides shifting, it’s wise to pay attention.

 

[k1976]

Why Legendary Fund Manager Bill Gross Does Not Advise You to "Buy the Dip"​

By
PETER GRATTON

Updated April 08, 2025
Fact checked by
STELLA OSOBA

Bloomberg/Getty Images
Sometimes, relatively good news over a long enough time makes for bad habits. In recent years, drawdowns that have been followed by comparatively quick recoveries have often rewarded those "buying the dip"—market drops from recent averages.1 But those favorable market conditions were never meant to last, a hard truth often crowded out by Reddit threads and headlines from less-scrupulous investing sites promising major gains ahead with not a little macho language about going in where angels fear to tread.


Historically, drawdowns don't always just bounce back—witness the lost decade of the 2000s when the S&P 500 Index had negative returns after the dot-com bust and global financial crisis. Legendary investor Bill Gross, the "Bond King" behind $270 billion in funds at PIMCO, thus has a blunt warning for those looking to scoop up supposed bargains during market tumult. "I think it's a very dangerous period of time. It's not necessarily a period for stockholders to reach in and try and grab a bargain, like catching a falling knife," he told CNBC.2 We explain his rationale below.

 

[Leongsam]

Current Bond King opinion

Opinion:​

Easy money was never meant to last forever: Expect a 4% return on cash, 5% on bonds and 6% from stocks.​

That will last me till the end of my time.

 

[k1976]

That will last me till the end of my time.

Mee too

 

[k1976]

This downtrend can be extended quite long very similar to 100yrs ago

 

[syed putra]

Intermission....

Isn't this a Zionist band?

 

[Hypocrite-The]

"Might".

CNBC?

 

[Hypocrite-The]

Current Bond King opinion

Opinion:​

Easy money was never meant to last forever: Expect a 4% return on cash, 5% on bonds and 6% from stocks.​

By


Charlie Garcia
Last Updated: April 25, 2025 at 1:16 p.m. ET
First Published: April 24, 2025 at 7:35 a.m. ET

DoubleLine bond-fund manager Jeff Gundlach says to expect volatility and manage risk deliberately.
Investment firm DoubleLine released a conversation earlier this week featuring none other than the “bond king” himself, DoubleLine founder and Chief Executive Jeffrey Gundlach, and Bianco Research’s Jim Bianco. The two market veterans dissected President Donald Trump’s latest “reciprocal” tariffs like the seasoned economic surgeons they are.

(Watch the entire illuminating chat here. Their meeting was held before Trump walked back his threats to fire Federal Reserve Chair Jerome Powell, and before U.S. Treasury Secretary Scott Bessent outlined the Trump administration’s softer approach to its trade strategy.)

Read: Scott Bessent offers a gentler message, saying ‘America First’ does not mean ‘America alone’



In his remarks, Gundlach calmly explained why the financial markets are currently bouncing around unpredictably. He and Bianco navigated the minefield of tariff-induced inflation and Europe’s surprising financial resurgence, and they reminded us that American workers might end up footing the bill for all this geopolitical bravado.

It’s exactly the sort of incisive financial clarity investors — and politicians pretending to understand economics — need right now.


Read: The Treasury market is tipping its hand. Stock investors aren’t seeing it.

For those who don’t spend their days watching bond markets (a group of normal people I deeply envy), Gundlach is affectionately known as Wall Street’s “bond sing” — presumably because “supreme commander of fixed-income instruments” wouldn’t fit neatly on a business card.

Gundlach, you see, specializes in presenting uncomfortable truths without ever appearing uncomfortable himself. When he starts warning about economic tides shifting, it’s wise to pay attention.

4% on cash? Better than Singkiesland

 

[syed putra]

Fake news.

View attachment 220957​

Ok. What about this?

 

[syed putra]

Let Prof Jeffrey Sachs explain (no fake news here):

Actually the tariffs created huge disruption in trade.
And importers in the US suffered due to tariffs payment. Money they could have invested elsewhere ended up paying taxes.
But tech companies are exempted. Apple. Android phones, laptops provide huge revenue streams to big tech.

 

[Leongsam]

Ok. What about this?

The numbers may be down but I'm sure the it's not a "crisis". Nothing but fearmongering headlines designed to discredit the greatest President ever.

 

[syed putra]

 

[syed putra]