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Jason Ma

Jason Ma

Fortune

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U.S. economic growth will eclipse China's by 2031, and the transformation Beijing needs for a revival may take 'several decades, if not longer,' top demographer says

"Historically, no country has managed to achieve 4% growth in the subsequent 12 years after the elderly made up 15% of the population."

27.05.2024 60

Fortune

Jason Ma

'Bond King' Bill Gross warns Trump would worsen deficits and be 'more disruptive' for the bond market than Biden

"Trump is the more bearish of the candidates simply because his programs advocate continued tax cuts and more expensive things."

27.05.2024 60

Fortune

Jason Ma

You don't have to be a programmer to cash in on artificial intelligence. AI skills in these non-tech professions come with massive wage increases

Job postings in the U.S. that seek lawyers with AI skills promise wages that are 49% higher than ads for lawyers without AI skills.

26.05.2024 8

Fortune

Jason Ma

Buyers are gaining the upper hand in the housing market as top real estate CEO warns sellers on high asking prices: 'The sharks come out, and it will hurt you even more'

"It is a different environment. We are now seeing more sellers than buyers," Compass CEO Robert Reffkin said.

26.05.2024 10

Fortune

Jason Ma

Cutting out this phrase from a half-century-old law would save homebuyers $175,000 and help tackle the housing crisis, economists say

"It could transform the dream of homeownership for millions of Americans into reality."

26.05.2024 30

Fortune

Jason Ma

Gen Z makes bigger 401(k) gains than millennials, while Gen X tops boomers on key milestone, Fidelity says

The average 401(k) balance for Gen Z increased 15% to $11,300, compared to an 11% increase to $59,800 for millennials, Fidelity said.

25.05.2024 20

Fortune

Jason Ma

Top China VC Kai-Fu Lee says his prediction that AI will displace 50% of jobs by 2027 is 'uncannily accurate'

"But when gen AI came out, I think everybody's on the bandwagon and believing that is the correct pace."

25.05.2024 10

Fortune

Jason Ma

Nvidia is about to report first-quarter earnings: Here's what Wall Street expects as growth looks set to cool

Analysts see Nvidia's earnings per share soaring 474% to $5.22, with revenue up 241% to $24.5 billion.

20.05.2024 50

Fortune

Jason Ma

'Copper is the new oil,' and prices could soar 50% as AI, green energy, and military spending boost demand, top commodities analyst says

"But I go back to the 2000s, I was bullish on oil then as I am on copper today."

19.05.2024 10

Fortune

Jason Ma

Consumers are so demoralized by inflation and high rates they've given up on saving for the American Dream and are spending money instead, economist says

"This positive spending is not a reflection of some sort of internalized secret sense of confidence that consumers have."

19.05.2024 20

Fortune

Jason Ma

Tesla chair says life-changing wealth boosts her independence as she blasts judge's critique of 'lackadaisical' oversight of Elon Musk—'That is crap'

“I had to look up that word . . . I will tell you, anybody who knows me, knows that I am not lackadaisical, now that I know what that word...

19.05.2024 70

Fortune

Jason Ma

Taylor Swift's Eras Tour is cheaper for Americans to see in Europe than in the U.S.—thanks to the strong dollar and EU regulations

Traveling to Sweden from New York to see Taylor Swift would cost about $1,300. That includes $300 for a concert ticket, $700 for a roundtrip...

18.05.2024 20

Fortune

Jason Ma

Texas power prices briefly soar 1,600% as a spring heat wave is expected to drive record demand for energy

For about one hour late Friday, day-ahead prices on ERCOT's website jumped as high as $688 per MWh.

18.05.2024 30

Fortune

Jason Ma

The housing crisis in the U.S. is flipped upside down in Japan, where each home that's occupied could be next to an empty one by 2033

The number of vacant residential properties in Japan has hit 8.99 million, an increase of 500,0000 from 2018 and an 80% surge from 20 years ago.

13.05.2024 90

Fortune

Jason Ma

Here are horror stories about super-rich tenants who can afford to buy luxury property in Manhattan but choose to rent instead 

"They’re very wealthy, and it’s very challenging to nail them down, as they also have the assets to fight.”

12.05.2024 20

Fortune

Jason Ma

Armed with the mighty dollar, Americans are rushing to go on cheap vacations overseas—and it's hurting the U.S. economy, Wells Fargo says

A gauge of American tourism overseas recently hit its highest level since 2005, when the U.S. dollar was also strong.

12.05.2024 20

Fortune

Jason Ma

China's economy is headed for a 'dead-end,' and Beijing won't do anything to stop that, scholar says

"Years of erratic and irresponsible policies, excessive Communist Party control and undelivered promises of reform have created a dead-end Chinese...

12.05.2024 60

Fortune

Jason Ma

Jim Simons was a math and investing genius, but also a management wiz. Here are some of his lessons on leadership

“My biggest contribution was to hire great young people into the business,” Jim Simons said in 2019.

11.05.2024 50

Fortune

Jason Ma

Hedge fund billionaire Ken Griffin says college protests are the result of a ‘cultural revolution’ and Harvard should ’embrace our Western values’

"Harvard will embrace our Western values that have built one of the greatest nations in the world, foster those values with students, and ask them...

11.05.2024 40

Fortune

Jason Ma

The U.S. economy is headed for a hard landing, and Fed rate cuts won't be enough to rescue it, Citi says

"The next stage of the policy cycle is a weakening of the labor market. Once it starts gradually weakening, it then weakens more sharply. I think...

06.05.2024 90

Fortune

Jason Ma

$3 trillion could be injected into the U.S. economy without any federal spending by tweaking this corner of the mortgage market, 'Oracle of Wall Street' says

"Rarely have I seen such a true win-win scenario for the government, Wall Street and the U.S. consumer."

05.05.2024 30

Fortune

Jason Ma

Gen Z will pay dearly for this U.S. blunder on the massive debt that boomers, Gen X, and millennials are dumping on them, former White House economist warns

"Half of young adults don’t think they will ever afford a home, yet they will be asked to pay for their grandparents’ profligacy."

05.05.2024 50

Fortune

Jason Ma

Elon Musk has turned Tesla into a meme stock as he tells Wall Street to value the EV maker like an AI company, top economist says

"The fundraiser, cheerleader, and coach for teams developing real technologies has become a meme-stock carnival barker."

05.05.2024 50

Fortune

Jason Ma

Warren Buffett warns on AI, teases succession, and hints at possible investment during Berkshire Hathaway's annual meeting

“I trust my children and my wife totally, but that doesn’t mean I ask them what stocks to buy,” Buffett said.

04.05.2024 50

Fortune

Jason Ma

Top Boeing executive weighs in on qualities the next CEO should have as the search for a new boss takes more twists and turns

In a note distributed to investors on Thursday, JPMorgan analysts recounted a recent meeting they had with Boeing CFO Brian West.

04.05.2024 20

Fortune

Jason Ma

Jerome Powell may not rule out future rate hikes as the Fed gets ready to meet amid stubborn inflation

Some analysts on Wall Street think Powell will say rate hikes aren't the base case but will depend on economic data and can't be ruled out.

29.04.2024 20

Fortune

Jason Ma

The U.S. economy is actually a 'wolf in sheep's clothing' as the weak GDP report masks underlying strength, Wells Fargo says

"Higher rates are intended to cool consumer demand; the trouble for the Fed is: it's not working."

28.04.2024 40

Fortune

Jason Ma

Global debt hasn't been this bad since the Napoleonic Wars, says World Economic Forum president

"We haven't seen this kind of debt since the Napoleonic Wars. We're getting close to 100% of global GDP in debt."

28.04.2024 40

Fortune

Jason Ma

It's time to talk about the 'dirty word' on Wall Street as 'whiffs of stagflation' intrude on markets, chief strategist says

"And that's why it was kind of shocking to see bond yields rise on a day where GDP was a big miss."

28.04.2024 40

Fortune

Jason Ma

The CEO of packaged-food giant Kraft Heinz is obsessed with healthy eating and exercise—but also snacks on Lunchables several times a week

Kraft Heinz CEO Carlos Abrams-Rivera eats just two meals a day, between 11 a.m. and 7 p.m., as part of his intermittent-fasting routine.

27.04.2024 10

Fortune

Jason Ma

Billionaire investor Ron Baron gets a first-hand demonstration of Tesla's autonomous driving tech: 'I want to see Steve Jobs' house'

"Then it pulls up and makes a left hand turn and then goes in front of Steve Jobs' house," Baron told CNBC.

27.04.2024 20

Fortune

Jason Ma

A U.S. manufacturing renaissance won't create many good jobs—just look at Germany, S. Korea and China, Harvard economist says

"Whether we like it or not, services such as retail, care work, and other personal services will remain the primary engine of job creation."

22.04.2024 20

Fortune

Jason Ma

Investors need to buckle up because this is the most dangerous time since the end of World War II, former top diplomat says

"This is actually the most dangerous moment, I would argue, not just since the end of the Cold War but in many ways since the end of World War II."

21.04.2024 10

Fortune

Jason Ma

The outlook for home prices has changed drastically in just the past month as Fed rate cuts look more and more distant

Freddie Mac said home prices will increase 0.5% in 2024 and 2025, after saying last month they will rise 2.5% in 2024 and 2.1% 2025.

21.04.2024 10

Fortune

Jason Ma

Longtime Tesla bull hits panic button on robo-taxis vs. Model 2: 'It would be a disaster of epic proportions'

"We've been through a lot of white-knuckle moments for Musk and Tesla," Ives said. "This is up there."

21.04.2024 50

Fortune

Jason Ma

HGTV's Property Brothers reveal the biggest mistakes new real estate investors make and predict the next hot housing market

"They get in over their heads because they've been watching those TikTok videos," said Drew Scott of the Property Brothers.

21.04.2024 20

Fortune

Jason Ma

Investors are ‘a frog in boiling water’ after brushing off the Iran-Israel conflict, top economist says 

"Given that this is a region that is vulnerable to errors of judgment, insufficient understanding of adversaries, and implementation accidents, that...

20.04.2024 9

Fortune

Jason Ma

Investors, so far, don't seem that worried about a wider conflict in the Middle East after Iran's unprecedented attack on Israel

Oil and stock futures traded largely flat Sunday evening as markets offered muted reactions to Iran launching hundreds of missiles and drones at...

15.04.2024 10

Fortune

Jason Ma

Nike's boss says remote work was hurting innovation, so the company realigned and is 'ruthlessly' focused on building a disruptive pipeline

"And in hindsight, it turns out, it’s really hard to do bold, disruptive innovation, to develop a boldly disruptive shoe on Zoom."

14.04.2024 50

Fortune

Jason Ma

Israel-Iran conflict adds to Fed's caution on rate cuts as oil prices may disrupt inflation fight—but China and OPEC+ could ease pressure, Capital Economics says

"Energy markets remain the key transmission mechanism from regional tension/conflict to the rest of the world economy."

14.04.2024 70

Fortune

Jason Ma

Markets flash early signs of risk from wider Mideast war as crypto prices sink after Iran launches wave of drones at Israel

A fuller picture of Wall Street's reaction to Iran's assault on Israel will come on Sunday evening, when futures trading opens in the U.S. for stocks,...

14.04.2024 20

Fortune

Jason Ma

Housing is unaffordable for too many Americans, and tighter land-use regulations mean higher costs, Atlanta Fed president says

"Not surprisingly, perhaps, it appears that the tighter the regulatory environment, the costlier the housing market, broadly speaking."

13.04.2024 10

Fortune

Jason Ma

Ford looks to convert Tesla owners with 'Conquest Bonus Cash,' offering $1,500 rebates for F-150 Lightning and Mustang Mach-E electric vehicles

Ford's "Tesla Competitive Conquest Bonus Cash" offers existing Tesla owners a $1,500 rebate on the F-150 Lightning and Mustang Mach-E.

13.04.2024 8

Fortune

Jason Ma

Biden proposes student-debt relief for more than 20 million additional borrowers as Gen Z becomes key vote in 2024 election

The White House estimates that the proposal would boost the number of borrowers getting relief to 30 million, which includes the 4 million who have...

08.04.2024 10

Fortune

Jason Ma

These 5 misconceptions about China's slowing economy could lead to U.S. complacency, expert warns

"While its growth has slowed in recent years, China is likely to expand at twice the rate of the United States in the years ahead."

08.04.2024 30

Fortune

Jason Ma

Offices are 'once in a generation' buying opportunities, top developer says

It's been 30 years since commercial real estate market was this bad—and that represents a generational entry point for investment, according to a...

07.04.2024 30

Fortune

Jason Ma

Elon Musk's friends to help raise $3 billion for xAI

Investors close to Elon Musk are in talks to help xAI raise $3 billion in a funding round that could value the startup at $18 billion, sources told...

06.04.2024 20

Fortune

Jason Ma

Trump’s social media platform says it’s above ‘traditional key performance indicators.’ Its auditor has substantial doubt it can continue as a going concern

Trump’s net worth sank by $1 billion after Truth Social’s parent stock fell 21.5%.

02.04.2024 7

Fortune

Jason Ma

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