Charlie Munger reportedly warns of trouble for the U.S. professional assets marketplace

Key Details

Charlie Munger reportedly thinks there is issues ahead for the U.S. commercial property marketplace.
The 99-calendar year-aged investor instructed the Financial Periods that U.S. banking institutions are packed with “bad financial loans” that will be vulnerable as “terrible occasions appear” and residence costs drop.
“It truly is not nearly as lousy as it was in 2008,” he told the Monetary Occasions in an job interview. “But issues takes place to banking just like difficulties comes about in all places else.”

Resource

Finance

Stocks making the biggest premarket moves: Target, Lowe’s, Snowflake and more

August 20, 2025

Check out the companies making the biggest moves in premarket trading: Target — The big box retailer sank 10.5% after announcing CEO Brian Cornell will be replaced by Chief Operating Officer Michael Fiddelke on Feb.1. Target also posted a second-quarter earnings and revenue beat, although its sales and traffic declined, and reiterated its full-year outlook. […]

Finance

Stocks making the biggest moves midday: Home Depot, Intel, Viking Therapeutics, Nvidia and more

August 19, 2025

These are some of the stocks making the biggest moves during midday trading: Viking Therapeutics — Shares tumbled 42% after phase 2 trial results showed Viking’s experimental oral obesity drug had more side effects than expected. About 20% of the patients in the trial quit using the drug due to symptoms such as nausea and […]

Finance

Bessent says interviews for ‘incredible group’ of potential Fed chairs will start after Labor Day

August 19, 2025

Key Points Treasury Secretary Scott Bessent said he will begin interviewing candidates for Fed chair soon as the White House whittles down what has suddenly become a crowded field of 11 candidates. In a CNBC “Squawk Box” interview, Bessent repeated the administration’s desire for easing, saying it would help the moribund U.S. housing market. Source