Shark Tank star Kevin O'Leary predicts economic chaos

Shark Tank star Kevin O'Leary predicts "real chaos" in the US economy within months due to rising interest rates and mortgage costs, which pose a major threat to households and small businesses. O'Leary argues that the neglect of small and mid-sized firms in favor of large companies will lead to a rebalance and potential economic turmoil.

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8/27/2023

'Shark Tank' star Kevin O'Leary warns soaring interest rates will cause 'real chaos' for US economy

Investor Kevin O'Leary warns that the US housing market will face "real chaos" in September due to the dire situation created by high mortgage rates and the troubled banking market.

8/29/2023

Kevin O’Leary Says Warren Buffett Selling $8 Billion Worth of Stock Is Almost Meaningless and Won’t Crash the Stock Market

Warren Buffett's recent sale of $8 billion worth of stock is seen by some as a precautionary move against an upcoming recession, while others believe it is simply a diversification strategy and that the market is not concerned; however, Kevin O'Leary predicts chaos for the U.S. economy due to potential interest rate hikes.

8/31/2023

'Shark Tank' investor Kevin O'Leary says it's weird there's no recession yet — and predicts mortgage rates will exceed 8%

Despite market concerns of a looming recession, Kevin O'Leary states that the US economy remains strong, attributing low unemployment and the remote-working trend as key factors driving demand for rentals and homes, though he warns of rising mortgage rates to come.

9/4/2023

Kevin O'Leary warns of economic chaos, with the Fed's aggressive rate hikes set to crush small businesses

Kevin O'Leary warns that the Federal Reserve's aggressive interest-rate hikes could cause economic chaos, especially for small businesses.

9/12/2023

O'Leary Warns of 'Economic Chaos' for Small Businesses as Biden Policies Favor Big Corporations

Kevin O'Leary is concerned about the negative impact of the Biden administration's economic policies on small businesses, particularly in light of rising interest rates and the lack of support compared to large corporations.