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Jason Ma

Jason Ma

Fortune

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A third of the U.S. economy is already in a recession or at high risk, and another third is stagnating, Zandi warns

"Southern states are generally the strongest, but their growth is slowing."

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Fortune

Jason Ma

Dow eyes fresh highs as Nvidia gets set to report earnings amid AI bubble fears

Wall Street's faith in the staying power of AI as an investment thesis will be put to the test when Nvidia reports quarterly earnings on Wednesday.

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Fortune

Jason Ma

Gen Zer who built multimillion-dollar companies says work-life balance is a trap and lists 5 ways to ‘optimize ruthlessly’ during your peak years

"When you front-load success early, you buy the luxury of choice for the rest of your life."

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Fortune

Jason Ma

The Federal Reserve could start resembling the Supreme Court

Fed governors typically step down before their terms expire, but they may stay on until a president from their political party is in the White House.

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Fortune

Jason Ma

Russia is ‘teetering on the brink of a recession’ and headed for a disastrous harvest, while Putin’s other top source of cash plunges

"We also think there's a significant probability of Russia's economy slipping into a technical recession in the coming quarters."

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Fortune

Jason Ma

The Fed is starting to worry about the housing market now

"A few participants noted a weakening in housing demand, with increased availability of homes for sale and falling house prices."

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Fortune

Jason Ma

Powell ‘holds the key’ to the next Fed rate move as divided policymakers will likely fail to reach a consensus again, JPMorgan says

Another contested meeting would mark further deviation from the Fed's traditional consensus-driven decision-making process.

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Fortune

Jason Ma

Winter is coming: U.S. will be most vulnerable to a recession late this year and early next as tariff and immigration fallout peak, top economist says

With the economy facing many threats, it wouldn’t take much to push it into recession, Mark Zandi warns.

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Fortune

Jason Ma

Sergey Brin told Google’s AI workers that working 60 hours a week is the ‘sweet spot’

"I think we have all the ingredients to win this race, but we are going to have to turbocharge our efforts."

19.08.2025 5

Fortune

Jason Ma

Massive AI spending has a ‘crowding out’ effect that could slow other sectors, top economist says

“We’re notoriously undersupplied in our housing market. Does that mean it’s going to be even more difficult for us to build homes?”

18.08.2025 9

Fortune

Jason Ma

Dow futures rise as updates this week from the Fed and top retailers will test Wall Street’s big rally

Fed minutes are due, and top retailers will report earnings in the coming week. But the main attraction will be Jerome Powell's speech on Friday.

18.08.2025 40

Fortune

Jason Ma

Fed Chair Jerome Powell may seriously disappoint Wall Street at Jackson Hole

"It will be difficult for policymakers to tease out one-off tariff effects from longer-lasting inflationary pressures."

18.08.2025 20

Fortune

Jason Ma

We still aren’t sure what’s going on with tariffs and inflation — or what will happen next

"Despite this firmness, the tariff pass-through effect on consumer prices arguably has been less bad than expected so far."

17.08.2025 9

Fortune

Jason Ma

Trump’s reciprocal tariffs could be struck down as soon as this month — and the administration is warning of economic apocalypse

"In short, the economic consequences would be ruinous, instead of unprecedented success."

17.08.2025 30

Fortune

Jason Ma

Airfares are surging again after a months-long slump as carriers trim flights to ease a capacity glut

The latest consumer price index report showed airfares jumped 4% in July from June, marking the first monthly increase since January.

17.08.2025 6

Fortune

Jason Ma

Trump could trigger a financial crisis in Russia — if he wants to — but has backed off from his threat of ‘very severe consequences’

"Trump can squeeze the Russians; he seems to forget that the United States holds the cards, not Moscow."

16.08.2025 5

Fortune

Jason Ma

Trump says ‘we didn’t get there’ but touts progress as meeting with Putin ends without a deal to stop Ukraine war

"We had an extremely productive meeting, and many points were agreed to and there are just a very few that are left."

16.08.2025 9

Fortune

Jason Ma

You’re welcome, world: U.S. tariffs may cool inflation for the rest of the global economy 

"We doubt that US tariffs will significantly affect inflation in the rest of the world, but if anything, the effect could be mildly disinflationary."

15.08.2025 6

Fortune

Jason Ma

Trump extends China tariff truce by another 90 days, pushing new deadline to November

For now, the extension of a truce means that US tariffs on Chinese goods this year stand at 30%.

12.08.2025 10

Fortune

Jason Ma

When the next recession hits, whoever is president will face intense pressure to cut tariffs, so don’t rely on them for revenue, top economist says

"There's going to be a strong incentive on that president's part to say, 'OK, I'm going to cut the taxes.'"

11.08.2025 3

Fortune

Jason Ma

Dow futures rise as Wall Street and the Fed brace for updates on how much Trump’s tariffs are stoking inflation

The consumer price index for July will come out on Tuesday, and Wall Street expects a 0.2% monthly overall increase and a 0.3% uptick in the core CPI.

11.08.2025 4

Fortune

Jason Ma

This unprecedented shift in unemployment suggests AI could strand white-collar knowledge workers in a jobless recovery after the next recession

"A much larger unemployment risk and anemic recovery prospects for these workers might cause the next labor market downturn to look pretty dismal."

11.08.2025 6

Fortune

Jason Ma

More than half of industries are already shedding workers, a ‘telling’ sign that’s accompanied past recessions, top economist says

"Things could still turn around if the economic policies weighing on the economy soon lift. But that looks increasingly unlikely."

10.08.2025 8

Fortune

Jason Ma

Sam Altman says the AI talent war is a bet that a ‘medium-sized handful of people’ will make superintelligence breakthroughs

"I'm not I'm not totally sure what's gonna happen, but it is a crazy intense comp for a very small number of people right now."

10.08.2025 10

Fortune

Jason Ma

Putin will meet Trump as a ‘fiscal crunch’ is about to hit Russia’s war machine 

"Though that may not be enough to compel Putin to seek peace, it does suggest that the walls are closing in on him."

10.08.2025 10

Fortune

Jason Ma

A new bull market has begun and is still in the early stages, so buy the dips, top Wall Street analyst says

Wilson's view is part of an increased sense of optimism on Wall Street as fears over tariffs ease with the signing of several trade deals.

10.08.2025 10

Fortune

Jason Ma

Trump’s pick for the Fed ‘fuels an existential threat’ as central bank independence is targeted, JPMorgan says

"The main threat to the Fed independence is not politically motivated turnover shifting the outcome of votes."

09.08.2025 7

Fortune

Jason Ma

America’s F-35 is stealthy in combat but lights up the radar in Trump’s trade war

The latest blowback came after Trump's 39% tariff on Switzerland went into effect, prompting lawmakers there to demand the government scrap its F-35...

08.08.2025 4

Fortune

Jason Ma

Here’s what the doomsayers are getting wrong about the job market, according to a Wall Street veteran

"This implies that the weak gains in payrolls in recent months might have something to do with the supply of labor."

04.08.2025 3

Fortune

Jason Ma

Dow futures drop as recession alarm bells jolt Wall Street awake from dreams of a gravity-defying economy

With Wall Street now more attuned to economic risks like Trump's trade war, the tariffs that will go into effect on Thursday may get more scrutiny.

04.08.2025 6

Fortune

Jason Ma

US trade advisor says Trump tariff rates are ‘pretty much set’ after deadline was pushed back

The tariffs will kick in on August 7 instead of August 1, which had previously been touted as a hard deadline.

04.08.2025 10

Fortune

Jason Ma

Wall Street’s view of a ‘Kevlar economy’ has just been shattered, but red flags were lurking under the radar

"Something always goes wrong eventually — whether it’s a risk hiding in plain sight or something you couldn’t see coming."

04.08.2025 6

Fortune

Jason Ma

Top economist warns the U.S. is ‘on the precipice of recession’ — and it will be hard for the Fed to come to the rescue

"Consumer spending has flatlined, construction and manufacturing are contracting, and employment is set to fall."

03.08.2025 3

Fortune

Jason Ma

The Federal Reserve’s power: Congress giveth and Congress can taketh away

"Don't forget, our Federal Reserve is not at all a part of our Constitution. It's a creature of the U.S. Congress, created by the Federal Reserve Act...

03.08.2025 20

Fortune

Jason Ma

The shock jobs report sets off this recession alert and holds fresh clues that AI may be boosting unemployment, JPMorgan says

"In episodes when labor demand slides with a growth downshift, it is often a precursor to retrenchment."

02.08.2025 8

Fortune

Jason Ma

Warren Buffett’s Berkshire Hathaway sold stocks and didn’t snap up bargains even as markets crumbled after ‘Liberation Day’

Berkshire was a net seller of stocks for the 11th straight quarter, offloading $6.92 billion during the second quarter and buying $3.9 billion.

02.08.2025 7

Fortune

Jason Ma

Shockingly bad jobs report reveals a months-long stall and may trigger Fed rate cuts soon. ‘Powell is going to regret holding rates steady’

"September is a lock for a rate cut and it might even be a 50-basis point move to make up the lost time."

01.08.2025 40

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Jason Ma

As if the trade war never happened, stocks could pull off a feat not seen since the late-1990s boom

"This year reminds us of the classic Charles Dickens quote, 'It was the best of times, it was the worst of times.'"

29.07.2025 20

Fortune

Jason Ma

Facing Russia’s war on Ukraine, the EU couldn’t risk fighting a trade war with the U.S., analyst says

“At the end of the day, the EU needs U.S. weapons to keep Ukraine afloat into its struggle for survival against Russia.”

28.07.2025 8

Fortune

Jason Ma

Trump scores another big trade deal after securing promise of massive investment, but China will be less willing to cave, analyst says

"The biggest piece in the trade deal puzzle still remains, and the Chinese are unlikely to be as willing to fold."

28.07.2025 8

Fortune

Jason Ma

Dow futures rise on US-EU trade pact as investors brace for fast and furious week of earnings, China talks, Fed, GDP, jobs report, tariff deadline

Investors will not be able to look away over the coming week as every single day could produce significant market-moving news.

28.07.2025 7

Fortune

Jason Ma

US and EU reach a trade deal that sets 15% tariff rate and pledges hundreds of billions in investments

Trump said the EU will invest $600 billion in the U.S. and buy $750 billion of U.S. energy.

27.07.2025 5

Fortune

Jason Ma

‘US exceptionalism roars back’ as markets defy doomsayers and draw record foreign inflows after panic over Trump tariffs

"The hurdle for the US to experience genuine capital flight is high and certainly wasn’t breached in April."

27.07.2025 10

Fortune

Jason Ma

Here’s how the Federal Reserve funds itself, including renovations, without taxpayer dollars

Unlike the Pentagon and a new weapons system that has blown through its budget, the Fed and its operations are funded differently.

27.07.2025 10

Fortune

Jason Ma

US-Japan trade deal gives Trump control over $550 billion in investments. It could be ‘vapor ware’ — and a model for other countries

Analysts at Bank of America said that the Japan deal "looks like a reasonable blueprint" for other auto-exporting countries like South Korea.

26.07.2025 3

Fortune

Jason Ma

Gwyneth Paltrow tackles Astronomer’s most common questions as ‘very temporary’ spokesperson — ‘OMG! What the actual f’

"Astronomer has gotten a lot of questions over the last few days, and they wanted me to answer the most common ones," she said. 

26.07.2025 4

Fortune

Jason Ma

Stocks hit fresh all-time highs as strong earnings continue to power market rally

After the first week of this earnings season, 73% of companies beat per-share profit estimates, above the first-week average of 68%, according to...

21.07.2025 2

Fortune

Jason Ma

A weak housing market could deliver rate cuts and rescue the Fed from Trump

"Toward the end of the year, the housing market may become a bigger deal for inflation than tariffs," Comerica Bank chief economist Bill Adams said.

21.07.2025 10

Fortune

Jason Ma

Top economist sounds the alarm even louder on the housing market and says homebuilders are ‘giving up’

"A big tell is that many builders are delaying their land purchases from the land banks. New home sales, starts, and completions will soon fall."

21.07.2025 30

Fortune

Jason Ma

Dow futures dip as investors brace for a big week of earnings, housing market data and Jerome Powell

On Tuesday, Federal Reserve Chairman Jerome Powell and Governor Michelle Bowman are due to speak at a banking conference.

21.07.2025 9

Fortune

Jason Ma