Junk Bond Warning, Buffett's Tax Views, Trump's Trust, Musk's UBI Prediction, And Mortgage Rates: This Week In Economy

Rounak Jain

March 02, 2025

The past week was a whirlwind of economic signals, investor insights, political trust ratings, futuristic predictions, and housing market trends. From an economist’s warning about junk bond spreads to Warren Buffett’s take on corporate taxes, the news was buzzing with intriguing stories. Here’s a quick recap of the top stories that made headlines.

Junk Bond Spreads Flash 2007 Warning

According to Otavio Costa, a macro strategist at Crescat Capital, the prolonged period of unusually low junk bond spreads could be setting the stage for a dramatic market reversal. Costa notes that the credit spreads of high-yield or junk corporate bonds have remained below 3% for over 100 days, a situation eerily similar to the pre-crisis conditions of May 2007.

Read the full article here.

Warren Buffett’s Tax Views

Legendary investor Warren Buffett of Berkshire Hathaway made headlines with his candid views on America’s massive deficit and the likelihood of higher taxes. Buffett pointed out that the government’s current fiscal strategy can’t last forever and that something has to give.

Read the full article here.

Trump’s Trust Ratings

A recent YouGov survey shows that 52% of Americans trust former President Donald Trump on immigration and 47% on the economy. However, his trustworthiness takes a hit when it comes to environmental and healthcare issues.

Read the full article here.

Elon Musk’s UBI Prediction

Elon Musk, the founder of SpaceX and CEO of Tesla Inc., predicts that universal basic income will eventually be high due to the rapid advancement of artificial intelligence and automation. Musk sees a future where jobs traditionally done by humans could rapidly vanish.

Read the full article here.

Mortgage Rates Drop

Mortgage rates have dropped to their lowest levels since December 2024, but demand for home loans has stalled. The average interest rate for 30-year fixed-rate mortgages declined to 6.88% in the week ended Feb. 21, down from 6.93% in the previous week.

Read the full article here.

Read Next:

Trump To Host First-Ever White House Crypto Summit Next Friday: BTC Surges Past $85,000, DOGE Surges Over 10%

Photo courtesy: Shutterstock

This story was generated using Benzinga Neuro and edited by Rounak Jain

Recommended

This Tiny Tech Stock Could Be the Next Big Platform Play - Ad

Copper's Rally Is Back. This $31M Junior Is Sitting on a Potential Fortune - Ad

Stunning Trump Policy Unlocks Upfront Cash Payouts - Ad

Popular

Do as I say, not as I do: On my failings as an investor

If a knowledgeable observer trained his or her sights on my choices, what are the trouble spots they would identify? Here are some of the biggies.

LOCALIZE IT: Some communities use a high-tech 911 system that improves response. What about yours?

EDITORS/NEWS DIRECTORS:

Bitcoin Just Crossed $120,000 ... How High Will It Go?

Bitcoin Just Crossed $120,000 ... How High Will It Go? - Ad

Weiss Ratings Crypto Expert, Juan Villaverde believes that 2025 will be the biggest year in crypto history and there is a new coin that he believes could change Bitcoin and Ethereum from the "Big Two" to the "Big Three" this year.

After Diddy's conviction, here's where his business ventures stand

LOS ANGELES (AP) — Sean “Diddy” Combs has been in his federal sex trafficking trial, but that doesn't mean the once-celebrated music mogul will see his business empire restored.

Elon Musk Staging A Political Comeback? Tesla CEO Sparks 'America Party' Buzz As He Slams Trump's 'Insane Spending Bill'

Elon Musk criticized the Big, Beautiful Bill and proposed forming a new political party to combat what he calls the 'Uniparty' in America.

Revived Wartime Resource May Soon Power Everything from Bullets to Batteries

Revived Wartime Resource May Soon Power Everything from Bullets to Batteries - Ad

This overlooked metal isn't just for the battlefield anymore. It's part of the future energy grid, too. This could be a rare early-stage play in a market that's heating up fast.

Dave Ramsey Has Blunt Advice On How Much To Spend To Keep A Pet Dog Alive: 'I've Seen People Spend Tens Of Thousands Of Dollars…'

Dave Ramsey offers tough advice to pet owners facing financial difficulties. He advises against going into debt to keep pets alive.

650% Later, Rocket Lab CEO Isn't One Bit Worried

Rocket Lab CEO Peter Beck highlights strong demand for launches from both commercial and government customers.

$1,016/Day in Crypto - Witness the Proven Strategy Now

$1,016/Day in Crypto - Witness the Proven Strategy Now - Ad

Last chance! The "365x Return in 90 Days" crypto Workshop replay disappears this [DAY]. Discover the simple, 92%-win-rate system that turned $250 into $91,457-no charts, no stress.

Nike Beats The Street And Says The Worst Is Over

Nike Inc (NKE) stock rallies after upbeat fiscal Q4 results. Analysts maintain Buy ratings, raise price targets, citing potential for growth.

Trump Brokers Peace Deal Between DR Congo And Rwanda — Now Eyes Billions In US Investment

Trump brokers a peace deal between DR Congo and Rwanda, aiming to end conflict and unlock U.S. investment in critical African minerals.

Gold Just Hit Another Record. This Junior Could Be Next.

Gold Just Hit Another Record. This Junior Could Be Next. - Ad

This copper junior was the smallest company invited to a top global mining conference. With nearly 1B pounds CuEq and 50,000m of funded drilling, this story won't stay quiet for long.

Boeing Rises 2.8% After Key Trading Signal

A significant trading signal occurred for Boeing stock, as it demonstrated a power inflow at $209.02, after which BA rose up to 2.8%.

UnitedHealthcare Group, Gryphon Digital Mining, AMC Entertainment, Centene, And Tesla: Why These 5 Stocks Are On Investors' Radars Today

Major U.S. indices were mixed on Tuesday, with the Dow Jones Industrial Average rising 0.9% to 44,494.94 and the S&P 500 declining 0.1% to 6,198.01. The Nasdaq fell 0.8% to 20,202.89. These are the top stocks that gained the attention of retail traders and investors throughout the day:

Copper's Spiking - And This Junior Has the Grades to Match

Copper's Spiking - And This Junior Has the Grades to Match - Ad

Copper is climbing again - and this time, it looks tariff-proof. A $31M junior just posted nearly 1B lbs of copper equivalent. With insiders and institutions piling in, this could be the next breakout.

Donald Trump Drops Hint About Potential TikTok Buyer, But Keeps Details Close To His Chest

President Trump has indicated the presence of a potential buyer for the US operations of TikTok.

Dalai Lama To Deliver Major Address On 90th Birthday As China Tracks Succession Moves

The 14th Dalai Lama will address a major three-day gathering of Buddhist religious figures this week ahead of his 90th birthday.

China is Tightening Critical Metal Supply-Investors Wondering Who Will Step Up

China is Tightening Critical Metal Supply-Investors Wondering Who Will Step Up - Ad

This metal powers everything from munitions to batteries. But with China imposing export controls, the West is scrambling for supply. One tiny firm may control a key N. American site-and investors are watching closely.

Larry Page Rejected Steve Jobs' 'Do One Thing' Well Advice, Built Everything Instead: Palo Alto CEO Nikesh Arora Recalls Google's 'Product-Obsessed' Roots

Alphabet Inc. co-founder Larry Page rejected Apple Inc.'s signature "focus on one thing" philosophy during a pivotal meeting with Steve Jobs.

Trump says he’s terminating trade talks with Canada over tax on technology firms

WASHINGTON (AP) — President Donald Trump said he’s immediately suspending over its plans to continue with its tax on technology firms, which he called “a direct and blatant attack on our country.”

Leaked: Jobs' Final Apple Project Exposed

Leaked: Jobs' Final Apple Project Exposed - Ad

Bloomberg just leaked details of a secret project Steve Jobs set in motion before his death. After more than a decade under wraps, Apple is finally preparing to unleash this breakthrough - one that could reshape a $9 trillion industry overnight.

Nike soars on a production shift away from China, but it warns of a $1 billion tariff hit

Nike's shares jumped at the opening bell Friday after the company said it's shifting some production away from China. But it also warned that tariffs imposed by the Trump administration will cost it about $1 billion before it makes internal changes, which include “surgical” price increases in the U.S. starting this fall.

Lisa Murkowski Defends Alaska Carveouts As Elizabeth Warren, Bernie Sanders And Rand Paul Condemn Trump's 'Big Beautiful' Bill: 'Not Good Enough For The Rest Of Our Nation'

Senators across party lines are fiercely divided over Donald Trump's $3.3 trillion "Big Beautiful Bill," which narrowly passed the Senate and now heads to the House amid concerns over debt, tax cuts, and social program rollbacks.

A Crypto Storm Is Coming

A Crypto Storm Is Coming - Ad

Right now, conditions are in place for a historic move we expect will be the greatest crypto bull market since Bitcoin emerged. According to one crypto expert (who began mining Bitcoin in his garage in 2013): "We are in the early stages of a crypto mania - the calm before the storm." But most Americans could be blindsided by what's about to happen.

In a blow to Milei, a US judge orders Argentina to turn over its majority stake in state oil company

BUENOS AIRES, Argentina (AP) — The fate of Argentina’s state-run oil company was thrown into doubt Monday as a U.S. judge ordered the cash-strapped country to give up its 51% controlling stake in YPF in partial compensation for seizing the shares of former investors during its 2012 nationalization of the energy group.

Bitcoin, Ethereum, Dogecoin Slide Even As Q2 Turns Profitable For Crypto: Analyst Warns About Decline In BTC If The Apex Coin Doesn't Close Above This Level

Leading cryptocurrencies fell on Monday amid speculation that the Trump administration may have a “shadow Fed" before the term of Federal Reserve Chair Jerome Powell ends.

Most Bitcoin Holders Have No Idea This Exists

Most Bitcoin Holders Have No Idea This Exists - Ad

I call it "Bitcoin Skimming"... and it allows you to "skim" cash into your account thanks to 2025's surging Bitcoin market. You don't have to buy or sell Bitcoin. Not one single penny's worth. In my latest video briefing, I'll give you everything you need to "skim" your first payout -- and it won't cost you a penny.

Kevin O'Leary Says Steve Jobs Was 'Not A Nice Guy' But Taught Him A Success Formula That Elon Musk Now Uses

Kevin O'Leary learned the importance of focus from Steve Jobs and now teaches CEOs to prioritize the next 18 hours for success. Elon Musk surpasses Jobs in concentration.

Asia Markets Mixed, Europe Edges Lower, Dollar Weakens On Rate Cut Bets - Global Markets Today While US Slept

US markets closed higher on Friday with record highs amid trade optimism and Fed rate cuts. Dow up 1%, S&P 500 up 0.54%, Nasdaq up 0.52%.

Buffett Tells Trustee to Put 90% of Money in This One Stock?

Buffett Tells Trustee to Put 90% of Money in This One Stock? - Ad

In a surprising move, Warren Buffett (the world's greatest investor, whose firm returned more than 5,000,000% gains), has instructed his trustee to put 90% of his personal money into one stock investment. Buffett says regular folks should be in this stock, too. A CPA and member of the Global CFA Institute explains how to use this stock to optimize your holdings.

Sonnet BioTherapeutics Drops 5% Intraday, Rebounds 14% After Hours Amid Delisting Concerns

Sonnet BioTherapeutics Holdings Inc. (NASDAQ: SONN) fell 5.54% on Thursday to close at $3.92, before rebounding 14.29% in after-hours trading to $4.48, amid concerns of a potential NASDAQ delisting.

Scott Bessent On Replacing Powell As Fed Chair: 'I Will Do What The President Wants' — Plays Down Shadow Chair Speculations

U.S. Treasury Secretary Scott Bessent declined to rule out the possibility of replacing Jerome Powell as Federal Reserve Chair and has instead deferred to President Donald Trump's decision on the matter.

Unveil the 365X Crypto Secret - Replay Disappearing Soon!

Unveil the 365X Crypto Secret - Replay Disappearing Soon! - Ad

Only 12 hours left! Watch the replay of the "365x Return in 90 Days" crypto Workshop before it's gone. Discover Joel and Adam's 4-part system, real success stories, and how to start mirroring their trades. This is your last chance-don't miss out.

Vistra's Rally Explained: Where Is The Stock Headed Next

Vistra stock's bullish structure remains intact. Here's a breakdown of what triggered the move and where VST is likely headed next.

Inside The Trump Family's $620 Million Crypto Empire

Since retaking the White House, Donald Trump's reported net worth has remained broadly stable, around $6.5 billion on Election Day to roughly $6.4 billion today.

This Tiny Tech Stock Could Be the Next Big Platform Play

This Tiny Tech Stock Could Be the Next Big Platform Play - Ad

One under-the-radar company is embedding intelligence into everyday glass-already powering Ferraris, aircraft, and city buses with adaptive surfaces and vision systems. It's not just a product. It's a platform.

US tariffs on European goods threaten to shake up the world's largest 2-way trade relationship

FRANKFURT, Germany (AP) — , the European Union, is among the entities awaiting word Monday on will impose punishing tariffs on their goods, a move economists have warned would have repercussions for companies and consumers on both sides of the Atlantic.

US Credit Card Debt Hits $1.18 Trillion As Americans Downplay What They Owe

American credit card debt has surged to an astronomical $1.18 trillion, with a significant number of individuals reportedly concealing their financial predicaments.

Copper's Rally Is Back. This $31M Junior Is Sitting on a Potential Fortune

Copper's Rally Is Back. This $31M Junior Is Sitting on a Potential Fortune - Ad

A high-grade copper-gold discovery in Quebec just delivered extremely high grade intercepts. Valuation? Just $31M. With copper breaking out, the timing here could be perfect. Get the symbol here.

Bitcoin, Ethereum, Dogecoin Climb As Trump Labels Growing BTC Adoption As 'Great Thing': Sell Pressure On Largest Crypto May Be Fading Away, Says Analyst

Leading cryptocurrencies rose Sunday as President Donald Trump called Bitcoin’s growing adoption a “great thing” for the United States.

Trending Now

America's only rare earth producer gets a boost from Apple and Pentagon agreements

Feihe Struggles Amid China's Dairy Oversupply And Falling Birth Rates

Stunning Trump Policy Unlocks Upfront Cash Payouts - Ad

Warren Buffett Skips Big Banks Like JPMorgan and Wells Fargo, Bets $459 Million On This One Asset

Social Security Administration Sends 'Unbelievable' Email On Trump's 'Big, Beautiful Bill': Report

Bitcoin Just Crossed $120,000 ... How High Will It Go? - Ad

Meta, KKR, Lululemon And An Industrial Stock On CNBC's 'Final Trades'

Greenland has a message for the rest of the world: Come visit

Revived Wartime Resource May Soon Power Everything from Bullets to Batteries - Ad

Canadian Prime Minister Carney says trade talks with US resume after Canada rescinded tech tax

Home to North Carolina iconic attraction reopens after Hurricane Helene's devastation

$1,016/Day in Crypto - Witness the Proven Strategy Now - Ad

A Vermont dairy farm was raided. The mixed messages from Washington since then have increased fears

North Koreans swim and play at a beach resort touted as a boost for tourism

Gold Just Hit Another Record. This Junior Could Be Next. - Ad

US brings charges in North Korean remote worker scheme that officials say funds weapons program

Iran’s president orders country to suspend cooperation with UN nuclear watchdog IAEA

Copper's Spiking - And This Junior Has the Grades to Match - Ad

Nations are meeting to drum up trillions to combat poverty — but the US isn't going

Dubai’s booming restaurant scene is feeling the heat of high costs and high failure rates

China is Tightening Critical Metal Supply-Investors Wondering Who Will Step Up - Ad

Trump's Approval Ratings, Tariff Deadlines, Schumer's Criticism, And Defense Budget Shifts: This Week In Politics

Diddy Jury Deadlocked On Racketeering Conspiracy Charge As Verdicts Reached On Sex Trafficking Counts — Jurors To Return Wednesday

Leaked: Jobs' Final Apple Project Exposed - Ad

Amazon Hits 1 Million Robots, Should Human Workers Be Worried?: Company Says 'Creating New Career Opportunities'

Tesla Rival BYD Reports 2025's Best-Selling Month In June Amid Exports Surge

A Crypto Storm Is Coming - Ad

Ivy League MBA Was A 'Waste Of Time,' Says Veteran Banker, Lists Two Key Traits Far More Relevant In The AI Age

California energy regulator recommends pause on plan to penalize excess oil profits

Most Bitcoin Holders Have No Idea This Exists - Ad

On This Day 15 Years Ago, Elon Musk's Tesla Took A Risk On The Public Markets — Now It's Paid Off Nearly 300 Times Over

Carnival's Wild New Private Resort Makes Waves With Huge Swim-Up Bar, Giant Sandcastle

Buffett Tells Trustee to Put 90% of Money in This One Stock? - Ad

How to build a portfolio you don’t have to babysit

Bernie Sanders Warns Of 'Concentration of Ownership' In US Companies: 'That's Power'

Unveil the 365X Crypto Secret - Replay Disappearing Soon! - Ad

Trump asks Supreme Court to remove 3 Democrats on the Consumer Product Safety Commission

Apple Sues Ex-Engineer Over Alleged Theft Of Vision Pro Secrets As Snap Prepares AR Glasses Launch

This Tiny Tech Stock Could Be the Next Big Platform Play - Ad

Tesla sales fell 13% in the last three months as anti-Musk sentiment still has an effect

Asia Markets Mixed, Europe Gains, Dollar Hit by Fed Concerns And Cooling Inflation - Global Markets Today While US Slept

Copper's Rally Is Back. This $31M Junior Is Sitting on a Potential Fortune - Ad

Trump Calls America Party A 'Train Wreck,' Blasts Elon Musk For Going Completely 'Off The Rails': President Says System Not Designed For A Third Player

Trump Says Jerome Powell Should 'Resign Immediately' After FHFA Director Alleges Fed Chair Lied About $2.5 Billion Renovation Plan

Stunning Trump Policy Unlocks Upfront Cash Payouts - Ad

Melinda French Gates Reveals The No. 1 Skill Women Need To Reach The C-Suite: 'You Learn To Fail And That Failing Is...'

20 Surprising Reddit Facts To Celebrate Its Milestone Birthday

Bitcoin Just Crossed $120,000 ... How High Will It Go? - Ad

China lifts a nearly 2-year ban on seafood from Japan over Fukushima wastewater

T. Rowe Price: Why Shares Could See Prolonged Underperformance

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.