Friday, May 14, 2021
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Dow Tanks 350 Points After Powell’s Lukewarm Response to Surging Bond Yields and Inflation

The Federal Reserve chairman acknowledged the surge in the US Treasury bond yields but didn’t suggest any action to keep the long-term yields under check.On Thursday, March 4, the US stock market remained under pressure with the Dow Jones Industrial Average closing 345 points down. DJIA (INDEXDJX: .DJI) ended the trading

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Blockchain Bites: Bitcoin Trades Sideways as US Inflation Is Muted

Hello. Analysts are reporting gloomy short-term projections for bitcoin as the U.S. Labor Department reports muted inflation over 2020. Here’s the story:Top shelfInstitutional productsA new, physically backed bitcoin exchange-traded product (ETP) has hit the SIX stock exchange in Switzerland. Developed by ETC Group, this is the 34th bitcoin ETP on

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