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    Authors ::

    Jennifer Sor

    38 posts •


    'Big Short' investor Danny Moses says to stay away from Tesla stock as Elon Musk's brand deteriorates
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    warroom 2022-12-16 21:18

    'Big Short' investor Danny Moses says to stay away from Tesla stock as Elon Musk's brand deteriorates

    RealVision/YouTube Tesla stock is all about Elon Musk's brand, and that's being damaged with his Twitter circus show, according to "Big Short" investor Danny Moses. "We're getting frustrated here, because...

    Jennifer Sor
    J Jennifer Sor
    2 min read
    Sam Bankman-Fried is a world-class manipulator and the implosion of FTX is an 'old-school fraud,' Congressman says
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    warroom 2022-12-14 01:02

    Sam Bankman-Fried is a world-class manipulator and the implosion of FTX is an 'old-school fraud,' Congressman says

    Sam Bankman-Fried, founder and CEO of FTX, testifies during a Senate Committee hearing about "Examining Digital Assets: Risks, Regulation, and Innovation," on Capitol Hill in Washington, DC, on February 9,...

    Jennifer Sor
    J Jennifer Sor
    2 min read
    US stocks finish mixed amid fears of more Fed hawkishness after hot jobs report
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    warroom 2022-12-03 04:07

    US stocks finish mixed amid fears of more Fed hawkishness after hot jobs report

    Trader Leon Montana works on the floor of the New York Stock Exchange stocks NYSE worryAP Photo/Richard Drew US stocks closed mixed on Friday after November's job report clocked in above economists' expectations. The...

    Jennifer Sor
    J Jennifer Sor
    2 min read
    The jobs report was likely distorted and there's plenty of room for the Fed to taper rate rate hikes and pause in the first quarter of 2023, JPMorgan Asset Management chief strategist says
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    warroom 2022-12-03 00:15

    The jobs report was likely distorted and there's plenty of room for the Fed to taper rate rate hikes and pause in the first quarter of 2023, JPMorgan Asset Management chief strategist says

    Chairman of the Federal Reserve nominee Jerome Powell testifies during his confirmation hearing before the Senate Banking, Housing and Urban Affairs Committee November 28, 2017 on Capitol Hill in Washington, DC.Alex...

    Jennifer Sor
    J Jennifer Sor
    2 min read
    The US Justice Department wants the fraud allegations against FTX to be investigated
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    warroom 2022-12-02 22:08

    The US Justice Department wants the fraud allegations against FTX to be investigated

    Sam Bankman-Fried.Jabin Botsford/Getty Images US Justice Department is pushing for an independent examiner to look into allegations of fraud against FTX. Authorities were already investigating FTX, and are now seeking a...

    Jennifer Sor
    J Jennifer Sor
    1 min read
    Recession predictions are too complacent, and there isn't enough evidence that a coming downturn will be short and shallow, Mohamed El-Erian says
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    warroom 2022-11-30 02:44

    Recession predictions are too complacent, and there isn't enough evidence that a coming downturn will be short and shallow, Mohamed El-Erian says

    Mohamed El-Erian, Chief Economic Advisor of Allianz and Former Chairman of President Obama's Global Development Council, speaks during the Milken Institute Global Conference in Beverly HillsReuters There's not enough...

    Jennifer Sor
    J Jennifer Sor
    2 min read
    Oil markets are headed for an 'incredible' week, with a significant chance of another production cut by OPEC just ahead of fresh EU sanctions
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    warroom 2022-11-30 01:20

    Oil markets are headed for an 'incredible' week, with a significant chance of another production cut by OPEC just ahead of fresh EU sanctions

    The OPEC+ group of oil producing countries abandoned output talks on Monday.Ramzi Boudina/Reuters There's a big chance OPEC+ could slash production quotas again, spelling trouble for energy markets ahead of EU...

    Jennifer Sor
    J Jennifer Sor
    2 min read
    The stock market in 2023 will have less pain but no gains as companies see anemic earnings growth, Goldman Sachs says
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    warroom 2022-11-27 20:30

    The stock market in 2023 will have less pain but no gains as companies see anemic earnings growth, Goldman Sachs says

    REUTERS/Brendan McDermid Poor earnings growth will stretch into 2023, meaning investors should prepare for a year with no gains, Goldman Sachs said. That's because high interest rates will continue to weigh on corporate...

    Jennifer Sor
    J Jennifer Sor
    2 min read
    The EU still won't buy Russian oil even with a price cap, Energy Aspects' Amrita Sen says
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    warroom 2022-11-27 20:00

    The EU still won't buy Russian oil even with a price cap, Energy Aspects' Amrita Sen says

    File photo of pump jacks at the Lukoil-owned Imilorskoye oil field outside the west Siberian city of Kogalym, RussiaThomson Reuters The European Union's upcoming ban on Russian oil supersedes a price cap, Energy Aspects...

    Jennifer Sor
    J Jennifer Sor
    2 min read
    Russia is reportedly asking Western countries to ease sanctions amid talks to extend the Black Sea grain export deal
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    warroom 2022-11-05 01:35

    Russia is reportedly asking Western countries to ease sanctions amid talks to extend the Black Sea grain export deal

    REUTERS/Maxim Shemetov Russia is reportedly asking the West to exempt a key lender from sanctions, sources told Reuters. But a spokesperson from the European Commission told Reuters that sanctions already allow for the...

    Jennifer Sor
    J Jennifer Sor
    1 min read
    Inflation is in its final stages and could soon roll over, causing bond yields to peak and stocks to stabilize, JPMorgan says
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    2022-11-02 01:14

    Inflation is in its final stages and could soon roll over, causing bond yields to peak and stocks to stabilize, JPMorgan says

    The drop in commodities has raised hopes that inflation will start to cool.SolStock/Getty Images Inflation figures could soon rollover and disinflation may take hold, JPMorgan said Tuesday.  The bank pointed to four...

    2 min read
    US stocks trade mixed as GDP lifts sentiment while investors brace for next wave of mega-cap earnings
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    warroom 2022-10-28 03:04

    US stocks trade mixed as GDP lifts sentiment while investors brace for next wave of mega-cap earnings

    A trader works on the floor of the New York Stock Exchange shortly after the opening bell in New York, U.S., January 24, 2020.Lucas Jackson/Reuters US stocks traded mixed on Thursday as GDP figures surprised to the...

    Jennifer Sor
    J Jennifer Sor
    1 min read
    The freefall in tech and other growth stocks shows Wall Street grappling with 'the revenge of the old economy', Goldman Sachs commodities chief says
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    warroom 2022-10-28 00:58

    The freefall in tech and other growth stocks shows Wall Street grappling with 'the revenge of the old economy', Goldman Sachs commodities chief says

    Spencer Platt/Getty Images The plunge in tech and growth stocks is the "revenge of the old economy," Goldman Sachs' commodities said. Jeff Currie pointed to prior underinvestment in energy and industrials,...

    Jennifer Sor
    J Jennifer Sor
    1 min read
    The stock market is on a 'rollercoaster to nowhere', and the full effect of tighter financial conditions has not yet been felt, Morgan Stanley investment chief says
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    warroom 2022-10-20 00:50

    The stock market is on a 'rollercoaster to nowhere', and the full effect of tighter financial conditions has not yet been felt, Morgan Stanley investment chief says

    Traders celebrating a record-setting day of shorting volatility.Reuters / Charles Platiau Stocks are on a "rollercoaster to nowhere," Morgan Stanley Wealth Management's Lisa Shalett said.  Investors are too...

    Jennifer Sor
    J Jennifer Sor
    2 min read
    EU ramps up Russian LNG purchases by 50% this year as Moscow cuts off natural gas pipeline supplies
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    warroom 2022-10-19 02:23

    EU ramps up Russian LNG purchases by 50% this year as Moscow cuts off natural gas pipeline supplies

    LNG tanker.VCG/Getty Images The EU ramped up its purchases of Russian LNG this year, as Moscow slashes gas supplies via pipeline. Imports of Russian LNG totaled 15 billion cubic meters through September, up 50% from...

    Jennifer Sor
    J Jennifer Sor
    2 min read
    S&P 500 closes at new low for 2022 and Dow falls 458 points as sell-off resumes on recession fears
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    warroom 2022-09-30 03:11

    S&P 500 closes at new low for 2022 and Dow falls 458 points as sell-off resumes on recession fears

    Lucky-photographer/Shutterstock Major US indexes plunged Thursday after staging a relief rally in the prior session.  UK prime minister Liz Truss stood by proposed tax cuts, despite a chorus of vocal critics. US...

    Jennifer Sor
    J Jennifer Sor
    2 min read
    Natural gas supplies will grow even tighter in 2023, and its 'very obvious' who was behind the Nord Stream pipeline sabotage, IEA chief says
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    warroom 2022-09-30 01:07

    Natural gas supplies will grow even tighter in 2023, and its 'very obvious' who was behind the Nord Stream pipeline sabotage, IEA chief says

    Fatih Birol warned summer could be difficult for energy markets.Anadolu Agency/Getty Images Gas supplies will tighten into next year as constraints continue to mount, IEA chief Fatih Birol said. Birol's supply warning...

    Jennifer Sor
    J Jennifer Sor
    2 min read
    Oil prices will head back toward $100 per barrel as a supply crunch returns to the energy market, JPMorgan says
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    warroom 2022-09-25 19:30

    Oil prices will head back toward $100 per barrel as a supply crunch returns to the energy market, JPMorgan says

    Oil tanker unloads crude oil at a crude oil terminal in ZhoushanThomson Reuters Brent oil prices could head back toward $100 a barrel as supply grows tighter in the coming months, JPMorgan said. Analysts expect oil...

    Jennifer Sor
    J Jennifer Sor
    2 min read
    Russian seaborne oil exports fall to their lowest level in a year as discounts become less attractive for Asian customers
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    warroom 2022-09-20 01:30

    Russian seaborne oil exports fall to their lowest level in a year as discounts become less attractive for Asian customers

    Pramote Polyamate/Getty Images Russia's seaborne oil exports fell to their lowest levels since September 2021, according to S&P Global. The discount for Russian Urals crude compared to Brent futures also has been...

    Jennifer Sor
    J Jennifer Sor
    1 min read
    Shark Tank investor Kevin O'Leary says it 'makes no sense whatsoever' to avoid Chinese stocks and investors shouldn't ignore the world's fastest growing economy
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    warroom 2022-09-15 23:58

    Shark Tank investor Kevin O'Leary says it 'makes no sense whatsoever' to avoid Chinese stocks and investors shouldn't ignore the world's fastest growing economy

    Kevin O'Leary.Reuters/Gus Ruelas Investors shouldn't avoid Chinese stocks, Shark Tank investor Kevin O'Leary said. "To have no allocation in the Chinese market makes no sense whatsoever," he told CNBC. O'Leary...

    Jennifer Sor
    J Jennifer Sor
    1 min read
    Some retail traders are turning to gambling addiction centers after a wild 2-year ride for stocks - but clinicians' limited understanding of the condition and markets means help can be hard to come by
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    warroom 2022-09-11 19:30

    Some retail traders are turning to gambling addiction centers after a wild 2-year ride for stocks - but clinicians' limited understanding of the condition and markets means help can be hard to come by

    A croupier waits for gamblers at a table inside the Marina Bay Sands casino in Singapore April 27, 2010.Reuters/Pablo Sanchez There's been an uptick in retail investors checking into gambling treatment...

    Jennifer Sor
    J Jennifer Sor
    4 min read
    China has secured Russian gas at a 50% discount until the end of this year
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    warroom 2022-09-08 21:01

    China has secured Russian gas at a 50% discount until the end of this year

    Sergei Karpukhin/Reuters China has inked a deal for Russian natural gas at half price through the end of this year. The deal comes as Europe faces a near total cutoff from Russian gas supplies as winter nears.  Dutch...

    Jennifer Sor
    J Jennifer Sor
    2 min read
    Russia halted a natural gas shipment to Asia over payment issues, threatening blackouts in some countries
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    warroom 2022-08-25 21:26

    Russia halted a natural gas shipment to Asia over payment issues, threatening blackouts in some countries

    Asian countries have been buying more Russian oil.SONGPHOL THESAKIT/Getty Images Russia's Sakhalin Energy halted a shipment of liquefied natural gas to an Asian buyer, a report said. It's the first time gas has been...

    Jennifer Sor
    J Jennifer Sor
    2 min read
    Germany wants to shift from Russian to Canadian natural gas supplies at 'warp speed,' but developing LNG export capacity could take years
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    warroom 2022-08-24 02:07

    Germany wants to shift from Russian to Canadian natural gas supplies at 'warp speed,' but developing LNG export capacity could take years

    German finance minister Scholz holds news conference on tax revenues, in BerlinReuters Germany wants to move away from Russian natural gas at "warp speed," the German chancellor said Tuesday. Although Canada...

    Jennifer Sor
    J Jennifer Sor
    2 min read
    Natural gas-powered electricity generation in the US spiked to an all-time high last month despite soaring prices
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    warroom 2022-08-23 23:53

    Natural gas-powered electricity generation in the US spiked to an all-time high last month despite soaring prices

    US natural gas exports to Europe have surged.LOIC VENANCE/Getty Images Electricity generated from natural gas hit an all-time high in the US last month despite soaring prices. High usage is expected to exacerbate energy...

    Jennifer Sor
    J Jennifer Sor
    1 min read
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