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You Searched For "Mario Gabelli" and got 20 results


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Theron Mohamed   


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Mario Gabelli is bracing for a 2nd-half recession, more banking fallout, and pressure on stocks and house prices. The billionaire investor told us why.

Gabelli expects the Fed to keep hiking interest rates despite the banking fiasco, and government sp…

Theron Mohamed   


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Theron Mohamed   


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Billionaire investor Mario Gabelli has scored a 6,200% gain on Warren Buffett's Berkshire Hathaway

The Gamco Investors chief bought Berkshire "A" shares at an average price of $6,000 in the late 198…

Theron Mohamed   


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Six Of The Most Brilliant Hedge Fund Managers Played In A Secret Poker Tournament Last Night

There was a $50,000 buy-in and all told the event raised over $300,000 for charity. David Einhorn (…

Linette Lopez   


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4 mins read

What you need to know about Skydance's bid for Paramount, from financing a deal worth $32 billion to its plans for the media empire

Skydance and its private equity backer are wooing Paramount. The newest bid: a premium for common s…

Hayley Cuccinello   


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US stocks drop as traders digest jobs data that shows hiring slowed in March

The Federal Reserve's year-long campaign to cool down the economy may finally be weighing on the la…

Morgan Chittum   


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US stocks end mixed as soft jobs data revives fears of a looming recession

UBS Global Wealth Management's CIO said recession risks have increased. Meanwhile, the Nasdaq shed …

Morgan Chittum   


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Copper falls below $7,000 a ton for the first time in 2 years, flashing a potential recession signal

The commodity, which is seen as a key economic bellwether, is currently in a bear market.

George Glover   


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Billionaire investor Ray Dalio said that stagflation will force the Fed to slash interest rates by 2024

"We are in a tightening mode… the pain of that will become great," Bridgewater co-CIO Dalio told th…

George Glover   


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Billionaire investor Stanley Druckenmiller reveals new bet against the S&P 500 — and piled into energy stocks last quarter

Druckenmiller's fund bought put options against the benchmark index, and added the likes of Teck Re…

Zahra Tayeb   


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Legendary investor Howard Marks says to snap up cheap assets now, as "waiting for the bottom is a terrible idea"

The Oaktree Capital Management investing chief told the Financial Times that he's buying the dip no…

George Glover   


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Cathie Wood warns the Fed is ignoring dangerous signals and risks plunging the US into a recession with its huge rate hikes

The US central bank is ignoring three indicators that show inflation is already easing, according t…

George Glover   


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Central banks must prioritize inflation over recession in a 'historically unprecedented' situation, BIS urges

"The new inflationary environment has changed the balance of risks. Central banks have not faced th…

George Glover   


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The US's top energy advisor urges India not to buy too much Russian oil — and says Moscow's revenues are now higher than before the war

India has ramped up its purchases of Russian oil from 100,000 barrels per day to 800,000, according…

Harry Robertson   


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Economist Stephen Roach says the US is headed for stagflation, and warns markets aren't accounting for massive Fed tightening

Roach said the Federal Reserve would have to hike interest rates even more aggressively to get infl…

Hamza Fareed Malik   


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Cathie Wood's Ark Invest has seen all its gains wiped out in a nightmarish 2022 but investors aren't losing faith

Analysts told Insider that Wood continues to appeal as "a sort of messiah figure" despite suffering…

George Glover   


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Global stocks rally and the yuan jumps after Biden says he's weighing cutting tariffs on China

US stock futures rose as investors' fears about the global economy appeared to cool somewhat.

Harry Robertson   


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Global stocks slip as traders wait for key US inflation data, due amid a surge in gas prices

The sharp rise in US gas prices has economists questioning their belief that consumer price inflati…

Harry Robertson