Global recession is inevitable if Strait of Hormuz stays shut, says Citadel’s Ken Griffin
A prolonged blockage of the Strait of Hormuz for the next six to 12 months will mean an unavoidable recession, the billionaire investor said.
Trump says gas prices ‘could be the same’ or ‘a little bit higher’ by the midterms
The U.S. began blocking ships through the Strait of Hormuz on Monday, sending oil prices surging after peace talks failed over the weekend.
Evercore ISI pounds table on Sandisk. Bull case sees rally to $2,600
Shares of Sandisk have already rallied nearly 300% this year. Evercore’s bull case sees another 173% jump.
Tuesday, April 14, 2026: Jim Cramer discusses his next moves for the Investing Club
Post Content
Investor survey shows most bearishness in 11 months. So the contrarian call is to buy
The latest Global Fund Manager Survey from Bank of America shows sentiment fell to its most bearish reading since June 2025.
Lucid names auto industry outsider as CEO, expands Uber deal
Lucid Group has named former chairman and CEO of Schindler Group, an industrial machinery manufacturer of escalators and elevators, as its new chief executive.
Citigroup upgrades the U.S. stock market, citing ‘eventual cessation’ of U.S.-Iran war
The U.S. stock market is once again the place to be, it seems.
Treasury Secretary Bessent now says it’s OK for the Fed to wait to lower rates amid oil surge
Bessent has previously said the Fed should hasten cutting interest rates, calling reductions “the only ingredient missing” for stronger economic growth.
Here are Tuesday’s biggest analyst calls: Apple, Tesla, Amazon, GM, Crocs, Viking, Alphabet, Ford & more
Here are the biggest calls on Wall Street on Tuesday.
Wholesale prices rose 0.5% in March, much less than expected despite war impact
The producer price index was expected to increase 1.1% in March, according to the Dow Jones consensus estimate.