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Jason Ma

Jason Ma

Fortune

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Now that Joe Biden has dropped out of the race, what happens to his campaign money?

"A major party’s presumptive nominee stepping down months before Election Day is not an ordinary event, but it is also not a crisis."

22.07.2024 10

Fortune

Jason Ma

Here’s how Wall Street and business leaders are reacting to Biden’s exit from the presidential race; ‘Father time is undefeated’

"Biden stepping down is a whole new level of political uncertainty. This may be the catalyst for market volatility that is overdue."

21.07.2024 3

Fortune

Jason Ma

The U.S. reigns supreme in AI startups while China ensures chatbots have ‘core socialist values’

The number of AI companies founded in the U.S. between 2013 and 2023 totaled 5,509, more than all the other countries combined, S&P Global said.

21.07.2024 7

Fortune

Jason Ma

‘Black Swan’ investor warns the ‘greatest bubble in human history’ is about to pop and stocks could lose more than half their value

The federal government will have less capacity to respond, and the economy could enter a recession by the end of this year, Mark Spitznagel predicted.

21.07.2024 20

Fortune

Jason Ma

The Supreme Court’s ‘Chevron’ ruling is an existential threat to the ‘American economic miracle’ and will make the U.S. more like Europe, Lazard chair says

"By restricting the executive branch’s ability to craft and enforce regulations, the Supreme Court has opened the door to the Balkanization of the...

20.07.2024 2

Fortune

Jason Ma

A new round of Trump tariffs on China would drastically slow its economy

Donald Trump has said he could impose a 60% tariff on Chinese imports if he returns to the White House.

20.07.2024 3

Fortune

Jason Ma

‘Trump’s voters are energized, Biden’s voters are demoralized’ after the shooting, and Democrats will shy away from attacks, polling expert says

"In recent months, President Trump has benefited from more passionate and engaged followers than the Biden campaign, but the shooting will turn that...

15.07.2024 40

Fortune

Jason Ma

What investors should look for as Wall Street prices in a new political and financial outlook after the Trump shooting

Analysts have warned that Trump's plans to impose across-the-board tariffs, extend tax cuts, and limit immigration will be inflationary.

14.07.2024 10

Fortune

Jason Ma

Here’s how top CEOs and execs are reacting to the Trump rally shooting; Bill Ackman to announce endorsement

"I pray for President Trump’s rapid recovery. My thoughts are with him, the other victims and the Trump family. I strongly condemn this violence,"...

14.07.2024 9

Fortune

Jason Ma

Trump assassination attempt makes election win more likely, and Americans’ willingness to use political violence may be highest since the Civil War, Ian Bremmer says

"This is the worst sort of event that can happen in that environment, and I deeply worry that this presages much more political violence and social...

14.07.2024 20

Fortune

Jason Ma

Elon Musk endorses Trump after shooting at campaign rally as political risk expert warns ‘US democracy in crisis’

"I fully endorse President Trump and hope for his rapid recovery," Musk tweeted.

14.07.2024 20

Fortune

Jason Ma

Call your shot: Investors are buying individual stocks at a record pace as market-beating bets dwindle to lowest ever

The percentage of S&P 500 stocks that are outperforming the index has fallen to a record low, diving below 25%, according to Apollo Global Management.

14.07.2024 8

Fortune

Jason Ma

U.S. corporate bankruptcies are soaring above the pandemic-era peak, adding to the economic alarm bells piling up

June saw 75 filings, up from 62 in May and above the pandemic-era peak of 74 in July 2020, according to S&P Global Market Intelligence.

13.07.2024 7

Fortune

Jason Ma

Janet Yellen is a fan of ‘Diners, Drive-ins and Dives,’ In-N-Out burgers, and visiting restaurants to go beyond economic data

"I certainly look at national data sets to understand what’s happening in the economy, but talking to people about what they’re experiencing is...

13.07.2024 9

Fortune

Jason Ma

Lumber prices are nearing all-time lows but could be headed for a rebound, executive says. ‘We are extremely, extremely cheap’

"Maybe we've started to recognize that this has finally capitulated and prices are ready to do something else."

08.07.2024 10

Fortune

Jason Ma

College isn’t just expensive for students, it’s also expensive for colleges—and the squeeze is worsening for private schools

Fitch Ratings said recent tuition increases at private colleges and universities still weren't enough to keep pace with rising expenses.

07.07.2024 4

Fortune

Jason Ma

The Fed could slash rates by 200 points over 8 straight meetings as the economy heads for a sharper downtrend, Citi says

Citi sees the Fed slashing rates from 5.25%-5.5% now to 3.25%-3.5% by July 2025.

07.07.2024 10

Fortune

Jason Ma

S&P 500 investors vs. actively managed funds: 2024 is an even better year for buying and holding the index

According to data from Morningstar Direct, just 18.2% of actively managed funds whose primary prospectus benchmark is the S&P 500 are outperforming...

07.07.2024 5

Fortune

Jason Ma

One of the most accurate recession indicators is close to sounding the alarm as unemployment continues to rise

While the current jobless rate is still historically low, its rate of increase could be a sign of deteriorating economic conditions.

06.07.2024 9

Fortune

Jason Ma

Gen Z is a conspicuous outlier on what it takes to live comfortably and feel financially secure

Gen Z respondents said they need to make $200,000 a year to feel comfortable or financially secure.

06.07.2024 9

Fortune

Jason Ma

The U.S. deficit is nearly as big a Russia’s economy, and there’s a ‘vicious’ feedback loop that could make it worse

The CBO's new estimate for the fiscal 2024 deficit is now $1.9 trillion, up from its prior view for $1.6 trillion issued in February and up from the...

01.07.2024 8

Fortune

Jason Ma

A divergence in the stock market is now the biggest it’s ever been, signaling more vulnerability ahead, economist says

The top 10 companies in the S&P 500 account for 35% of the index's market value but only 23% of its earnings, according to Apollo Global...

30.06.2024 5

Fortune

Jason Ma

This decades-long trend in home prices has been ‘flipped on its head’ amid a big shift in the housing market

"That shows the consumer adjusting to a smaller home, taking less space and trying to get back into that range of affordability."

30.06.2024 10

Fortune

Jason Ma

Execs should urge workers to return to the office to help San Francisco, Fed president says

"Talk about what you need to fix and also encourage your people to come back to work," San Francisco Fed President Mary Daly said.

30.06.2024 6

Fortune

Jason Ma

The housing market’s lock-in effect could last into the next decade as mortgage rates stay high even with Fed cuts, BofA says

"The US housing market is stuck, and we are not convinced it will become unstuck anytime soon."

29.06.2024 5

Fortune

Jason Ma

Nvidia will produce such a massive ‘cash gusher’ that it will have to buy back more stock because all that money has nowhere else to go, analyst says

Melius Research projects Nvidia will generate $270 billion in cash over the next three years, potentially setting the stage for huge shareholder...

29.06.2024 20

Fortune

Jason Ma

Top antitrust official raises red flag on dynamic pricing and warns of biggest ‘extraction of monopoly power’ ever

"Companies are getting better at figuring out how to maximize profits. The more information they have about who you are and what you’re willing to...

24.06.2024 10

Fortune

Jason Ma

The Wall Street strategist who nailed 2023’s stock rally sees the S&P 500 soaring more than 170% to 15,000 by end of this decade

"The adoption rate of AI is staggering, but the use case is important because there's a labor shortage," Tom Lee said.

23.06.2024 10

Fortune

Jason Ma

Billionaires vs. millionaires: America’s wealthy are more eager than Janet Yellen to tax the super-wealthy

A majority of American millionaires are in favor of a proposal to require the world's billionaires to pay taxes worth at least 2% of their overall...

23.06.2024 10

Fortune

Jason Ma

Peloton keeps losing top instructors, adding pressure on the fallen fitness unicorn

Earlier this month, popular instructors Kristin McGee, Kendall Toole, and Ross Rayburn announced they were leaving.

23.06.2024 8

Fortune

Jason Ma

AI automation in the workplace is about to reach a major tipping point

According to a survey of CFOs by Duke University’s Fuqua School of Business and the Federal Reserve Banks of Richmond and Atlanta, plans to use AI...

22.06.2024 8

Fortune

Jason Ma

San Francisco home crashes more than 60% in value after listing says buyers must wait decades to move in

"Tenant's current lease appears to grant tenants strong long term rent rate amount restrictions, unconventional method of rental payment, and possible...

22.06.2024 7

Fortune

Jason Ma

Gen X is the least confident about retirement as 'crunch time' nears—and has done less to prepare than boomers or millennials

"Gen Xers are reaching crunch time for retirement planning. For Gen Xers, retirement is no longer this far off idea."

17.06.2024 10

Fortune

Jason Ma

The U.S. economy is the most dynamic it's ever been as AI and infrastructure overpower Fed rate hikes, 'Big Short' investor Steve Eisman says

"Definitely hold on to your Apple position," he said. "It's too central a figure in the whole story."

16.06.2024 9

Fortune

Jason Ma

High home price are 'feudalizing' California as unaffordable housing markets pose existential threat to middle class, study says

There are unaffordable housing markets, and then there are "impossibly unaffordable" markets, four of which are in California, a recent study said.

16.06.2024 7

Fortune

Jason Ma

U.S. debt could threaten the economic growth that's needed to keep the burden sustainable, former IMF official says

"Even absent this dire scenario, meeting additional interest obligations as the debt ratio rises could require the federal government to cut...

15.06.2024 6

Fortune

Jason Ma

More Americans are suddenly planning to have babies and buy new homes, even as consumer sentiment sinks

The share of respondents who said that they or their partner was expecting/trying to have/adopt a baby hit the highest level since February 2023.

15.06.2024 10

Fortune

Jason Ma

Nvidia stock accounts for more than a third of the S&P 500's gains this year—and it's a big risk for investors, top economist says

"The bottom line is that the extreme concentration of returns in the S&P 500 makes investors more vulnerable to single headlines impacting the one...

15.06.2024 8

Fortune

Jason Ma

'Bond King' Bill Gross is about to make a killing on his stamp collection, but he thinks the market is due for a correction and is getting out

The Robert A. Siegel auction house said "this collection promises to set a new high-water mark for stamp collecting when it crosses the auction...

10.06.2024 10

Fortune

Jason Ma

IMF officialdelivers stark warning on AI's potential to turn an ordinary downturn into an severe economic crisis

"I believe there is a real need to have parallel effort to make sure that we're also AI-proofing the global economy."

09.06.2024 9

Fortune

Jason Ma

The housing market shows that the tool the Fed is using to lower inflation is doing the exact opposite, former White House adviser says

"This breakdown in the housing supply pipeline is lifting the cost of buying and renting, driving up the very measure of inflation on which the Fed is...

09.06.2024 10

Fortune

Jason Ma

Remember, the U.S. doesn't have to pay off all its debt, and there's an easy way to fix it, Nobel laureate Paul Krugman says

"Given the political will, we could resolve debt concerns quite easily."

08.06.2024 5

Fortune

Jason Ma

RH's CEO holds 10-hour 'adventures' with execs and says 'I don’t yell at people—I yell at the problem'

RH, formerly known as Restoration Hardware, was a favorite on Wall Street when shares soared during the early stages of the pandemic.

08.06.2024 10

Fortune

Jason Ma

Jensen Huang created a unique culture at Nvidia that allows the AI chip leader to move 'very, very fast'

Nvidia CEO Jensen Huang organized the company around projects rather than traditional hierarchies.

08.06.2024 20

Fortune

Jason Ma

Home prices could start falling this summer, marking the 'first domino to fall' on the way to a weaker economy, strategist says

"The housing market is really the first domino to fall on what we think is going to be a slower growth story down the road."

03.06.2024 20

Fortune

Jason Ma

Elon Musk reportedly cussed out a JPMorgan exec years ago, but his cold war with Jamie Dimon may be starting to thaw

Any improvement in their relationship could clear the way for the largest bank by market cap to do more business with billionaire Musk or his...

02.06.2024 20

Fortune

Jason Ma

JPMorgan will play more 'Moneyball' as the Wall Street giant expands use of an AI tool to help portfolio managers 'correct for bias'

The AI tool is designed to show users “how they and the market have behaved in similar circumstances and helps them correct for bias and improve...

02.06.2024 20

Fortune

Jason Ma

Jerome Powell's Federal Reserve is stuck in a self-defeating paradox that makes cutting rates more difficult, economist warns

"You can call this the Fed Cut Reflexivity Paradox: The more the Fed insists that the next move in interest rates is a cut, the more financial...

02.06.2024 70

Fortune

Jason Ma

Nvidia's market cap could more than triple to $10 trillion as it enjoys an 'impenetrable' advantage over AI rivals, analyst says

"The same thing is happening with Nvidia, which is that the CUDA platform is what software engineers, AI engineers are learning in order to program...

01.06.2024 10

Fortune

Jason Ma

Top CEOs who answer to shareholders 'don't want to risk public blowback' for supporting Trump, despite billionaires lining up to back him, analyst says

"If you're looking for the average Fortune 500 CEO or C-suite person who has to answer to shareholders, they're going to be awfully circumspect about...

01.06.2024 30

Fortune

Jason Ma

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