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Jim Simons dead at 86: Billionaire math genius passes away at Manhattan home

Jim Simons dead at 86: Billionaire math genius passes away at Manhattan home
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Despite Deteriorating Economics, Equity Markets At All-Time Highs

There were several important news events this week including the Fed’s January minutes. But this took a back seat to Nvidia’s blowout top and bottom-line numbers.

United statesBob farrellCongressional budget officeMonetary policyRosenberg researchConsumer sentiment surveyUniversity of michiganYork community bankChairman powellSeven juneExisting home salesGreat recessionHome salesExisting home inventoriesBuilding permitsNew home sales

Prepare for stocks to plummet 30% and a recession to strike any day now, legendary market prophet says

Gary Shilling, a veteran economist and money manager who called the mid-2000s housing crash, says he's betting against stocks and commodities.

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