Read these 20 books if you want to level up your knowledge of the stock market
Strategists' recommended reading list includes Michael Lewis' "The Big Short" and Jeremy Siegel's "Stocks for the Long Run".
Morgan Chittum
Investing Reporter
A billionaire investor who predicted the '08 crisis and the post-COVID inflation spike sees 'significant' recession risk and a prolonged period of low asset returns
The US economy is in an "extraordinarily dangerous and confusing" time, which will result in "a lengthy period of low returns," Paul Singer said.
Russia is undergoing 'reverse industrialization' as limited resources force a retreat from high tech industries, Finland's central bank says
"Russia is stuck ineluctably on a path to lower potential growth and a bleak economic future," the Finnish central bank said.
US stocks jump as markets brace for May jobs report and debt ceiling bill nears finish line
The May employment report will be released on Friday, one of the last big pieces of economic data before the Fed's next policy meeting.
Galaxy Digital CEO Mike Novogratz says the 'dog days of summer' came early for crypto as bitcoin posts worst month since November
"The dog days of summer started early in crypto," Galaxy Digital's Mike Novogratz said. "That doesn't make me thrilled."
US stocks fall to start June as traders watch debt ceiling bill move through Congress
Investors are also looking to the Fed's next policy meeting June 13-14, when central bankers will decide their next move.
Tech stocks are booming in 2023 - but there are 3 specific names that investors should be paying attention to, analyst says
Evercore's Mark Mahaney says Meta, Uber, and Amazon present key buying opportunities for investors.
Binance eyes staff cuts as the world's biggest crypto exchange says it's 're-evaluating' talent to position for the next bull run
"This is not a case of rightsizing, but rather, re-evaluating whether we have the right talent and expertise in critical roles," Binance told Insider.
Bitcoin is on track for its first monthly drop of the year, stalling 2023's huge rally as macro uncertainty builds
Bitcoin has slipped in May, but is still up big in 2023. Market experts say the rally has taken a breather as traders assess the macro picture.
Bitcoin is on a tear in 2023. Here's where 4 crypto pros see the coin headed by the end of the year.
One crypto startup exec told Insider that bitcoin can't hit a record high until US inflation is finally under control.
Marvell follows Nvidia's rally, surging 29% after chip maker cites AI as 'key growth driver'
Nvidia stock skyrocketed this week, driving a fresh AI frenzy after reporting stellar earnings and strong guidance.
The AI-fueled stock market rally is 'overextended' and similar to the dot-com era mania, veteran economist David Rosenberg warns
"I think that we have a price bubble," veteran economist David Rosenberg said, comparing the market cycle to the dot-com era's collapse.
US stocks trade mixed as investors cheer Nvidia earnings and assess debt ceiling talks
The Nasdaq Composite surged after Nvidia posted stellar quarterly results and gave investors even more to hope for with strong guidance.
Markets are wrong to think global central banks are about to cut rates and inflation is going to stick around for longer, 'Dr. Doom' economist Nouriel Roubini says
"The big surprise this year is going to be inflation is not going to fall as much as central banks expect," Nouriel Roubini said.
US stocks jump as Nvidia leads tech rally and investors wait on debt ceiling progress
Nvidia's huge quarterly earnings report led the Nasdaq higher, as investors pile into one of the clear leaders in the early days of the AI gold rush.
It seems 'almost certain' the US won't have enough cash to pay all of its bills by June 1 if lawmakers don't raise the debt ceiling, Janet Yellen warns
The Treasury Secretary thinks "a deal is possible," adding that officials are "working toward an agreement that could command bipartisan support."
The disgraced cofounder of failed crypto company Terraform Labs will remain in jail after his bail was reportedly revoked in Montenegro
Do Kwon is facing a charge of allegedly forging a passport after trying to fly from Montenegro to Dubai.
Be cautious of AI 'euphoria' as the sector is not a near-term investment play, Goldman Sachs' top stock strategist says
"The AI trade is likely to play out over a longer-term period of time," Goldman's David Kostin said.
The stock market has been remarkably resilient as the US economy faces these 3 major uncertainties, Mohamed El-Erian says
The US economy could face a debt ceiling crisis, more interest rates hikes, and tightening credit conditions, according to Mohamed El-Erian.
Yelp surges 14% after activist investor reportedly calls on board to explore a sale
Activist investor TCS Capital said that Yelp could rake in nearly double its current share price, the Wall Street Journal reported.