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Daily Archives: May 19, 2021
Inflation expectations peak?
As I detailed last week in Inflation-cycle déjà vu, commodity prices lead inflation expectations, and inflation readings are a lagging economic indicator. Because commodities and commodity futures are widely stockpiled and traded by speculators, users and producers alike, prices can … Continue reading
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Fed policies boost billionaire net worth 50% in one year
Unlike most, billionaires have more money than they can spend in a lifetime. Hence they have a higher risk tolerance for losses and tend to hold a lot of assets of all kinds. This has made them ideally situated to … Continue reading
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