Sergei Klebnikov
Sergei Klebnikov
I am a New York—based reporter for Forbes covering breaking news, with a focus on financial topics. Previously, I wrote about investing for Money Magazine and was an intern at Forbes in 2015 and 2016. I graduated from the University of St Andrews in 2018, majoring in International Relations and Modern History. Follow me on Twitter @skleb1234 or email me at sklebnikov@forbes.comSource
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We Looked At How The Stock Market Performed Under Every U.S. President Since Truman — And The Results Will Surprise You

We Looked At How The Stock Market Performed Under Every U.S. President Since Truman — And The Results Will Surprise You

BETAThis is a BETA experience. You may opt-out by Jul 23, 2020,Conventional wisdom says that those liberal Dems are generally bad for the economy and the stock market because of their big government tendencies, while fiscally conservative Republicans are good. This widely accepted belief is actually fake news if you look at data going back to the end of World War II.“Stock markets do perform better under Democrats than under Republicans. That’s a well-known fact, but it does not imply cause and effect,” says Jeremy Siegel, the Russell E. Palmer Professor of Finance at the Wharton School of...

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Sergei Klebnikov
Jul 23
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Dow Jumps 300 Points As Investors Wait For More Coronavirus Stimulus

Dow Jumps 300 Points As Investors Wait For More Coronavirus Stimulus

The market opened higher on Tuesday as companies like Coca-Cola and IBM beat earnings estimates and investors remain on alert for fiscal stimulus updates from U.S. lawmakers. The Dow Jones Industrial Average was up 1.2%, over 300 points, on Tuesday, while the S&P 500 rose 0.7% and the tech-heavy Nasdaq Composite lost 0.1%. IBM shares rose 2% after the company topped revenue estimates and improved gross margins in the second quarter, while Coca-Cola also topped Wall Street expectations—despite a 33% drop in profits from last year. Market sentiment got a boost after European Union leaders...

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Sergei Klebnikov
Jul 21
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China, Russia And Iran Mock U.S. Handling Of Protests: ‘I Have A Dream, But I Can’t Breathe’

China, Russia And Iran Mock U.S. Handling Of Protests: ‘I Have A Dream, But I Can’t Breathe’

Sign in to your Forbes account For instructions on how to disable your ad blocker, Or Sign In To Continue Using An Ad BlockerIf this is your first time registering, please check your inbox for more information about the benefits of your Forbes account and what you can do next!BETAThis is a BETA experience. You may opt-out by Jun 8, 2020,The Trump administration has cracked down on widespread demonstrations over the death of George Floyd, and America’s chief geopolitical rivals—including China, Russia and Iran—have condemned the United States for its hypocrisy.Chinese media the U.S. over its...

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Sergei Klebnikov
Jun 8
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Dow Plunges Over 1,800 Points Amid Fears Over A Second Wave Of Coronavirus Cases

Dow Plunges Over 1,800 Points Amid Fears Over A Second Wave Of Coronavirus Cases

...This site uses cookiesContinue to SiteTo give you a great browsing experience free of charge, this site uses cookies. Cookies help us personalize content and ads, provide social media features,track your preferences, and analyze traffic. Forbes may share this information with its advertising, analytics, and social media partners, who may use itwith information you have provided to them in connection with their services.For more information: To consent and proceed, click "Continue to Site."Jun 11, 2020,The stock market tanked on Thursday after the Federal Reserve warned of a long economic...

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Sergei Klebnikov
Jun 11
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Every Person Arrested In Saint Paul Last Night Was From Out Of State, Mayor Says

Every Person Arrested In Saint Paul Last Night Was From Out Of State, Mayor Says

...This site uses cookiesContinue to SiteTo give you a great browsing experience free of charge, this site uses cookies. Cookies help us personalize content and ads, provide social media features,track your preferences, and analyze traffic. Forbes may share this information with its advertising, analytics, and social media partners, who may use itwith information you have provided to them in connection with their services.For more information: To consent and proceed, click "Continue to Site."May 30, 2020,Minnesota Governor Tim Walz, along with mayors Jacob Frey and Melvin Carter, on...

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Sergei Klebnikov
May 30
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The U.S. Economy Will Beat Coronavirus, Buffett Says: ‘Never Bet Against America’

The U.S. Economy Will Beat Coronavirus, Buffett Says: ‘Never Bet Against America’

Sign in to your Forbes account For instructions on how to disable your ad blocker, Or Sign In To Continue Using An Ad BlockerIf this is your first time registering, please check your inbox for more information about the benefits of your Forbes account and what you can do next!BETAThis is a BETA experience. You may opt-out by May 2, 2020,Billionaire investor Warren Buffett, speaking at Berkshire Hathaway’s first-ever virtual shareholders meeting on Saturday, said that he is optimistic that the U.S. economy can bounce back and overcome coronavirus. While Buffett admitted that “we haven’t...

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Sergei Klebnikov
May 2
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Illinois Gov. Pritzker Secretly Bought Medical Supplies From China. And The White House Is Not Happy.

Illinois Gov. Pritzker Secretly Bought Medical Supplies From China. And The White House Is Not Happy.

Sign in to your Forbes account For instructions on how to disable your ad blocker, Or Sign In To Continue Using An Ad BlockerIf this is your first time registering, please check your inbox for more information about the benefits of your Forbes account and what you can do next!BETAThis is a BETA experience. You may opt-out by Apr 18, 2020,The White House issued a sharp rebuke Saturday to Illinois Governor J.B. Pritzker, who spent over $1.7 million on flights bringing medical supplies from China in secret—out of fear the Trump administration would seize the cargo for the federal...

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Sergei Klebnikov
Apr 18
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Leon Cooperman Responds To Elizabeth Warren’s Anti-Billionaires TV Ad: ‘She’s Disgraceful’

Leon Cooperman Responds To Elizabeth Warren’s Anti-Billionaires TV Ad: ‘She’s Disgraceful’

Topline: In the latest salvo in her war on the ultrarich and her public feud with longtime investor Leon Cooperman, 2020 hopeful Elizabeth Warren released a that takes aim at a group of billionaires who have criticized her proposed wealth tax.Key background: Numerous other business leaders and billionaires, including JPMorgan Chase CEO , Shark Tank investor and Microsoft cofounder , have criticized Warren for her attacks on the wealthy. With the 2020 election growing ever closer, many on Wall Street are becoming increasingly critical of Warren, whom they perceive as a . It all started with...

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Sergei Klebnikov
Nov 15
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