EGSI Financial CEO Talks State of Economy in the Wake of Bank Failures
Ed Siddell, CEO and chief economist at EGSI Financial, joined Cheddar News to assess the market in which the S&P 500 is riding a three-week high. Despite the positive trend, Siddell said there is still too much uncertainty in the market. "What we saw, the GDP came out [and] it's a little bit higher than what most people expected but still well below the original estimates," he said. "Consumer confidence is a little bit higher but I think that has more to do with making sure that their deposits were guaranteed."
The average rate on a 30-year mortgage fell 0.06% last week. Although the rate is much higher than it was two years ago, the decline could relieve buyers already dealing with low inventory and high prices.
As millions of Americans are set to retire, John Carter, President & COO of Nationwide Financial, shares what to expect and how consumers of all ages can better prepare for their golden years.
The heated hearing began with recorded testimony from kids and parents talking about being exploited on social media. Throughout the hours-long event, parents who lost children to suicide silently held up pictures of their dead kids.
Adtalem CEO Steve Beard addresses a report from Safkhet Capital taking the short position on the for-profit education giant, plus why he believes there should be financial recourse for student loan borrowers misled by their institutions.
CEO of Americares Christine Squires shares how the organization is helping provide medical assistance in a time of increasing instability, war, and climate-related disaster.
Doug Clinton, Deepwater Asset Management managing partner, shares tips for investors looking to take advantage of the massive boom in artificial intelligence beyond Microsoft and Nvidia.
