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Blackrock CEO Expects Inflation to Persist, but No Major US Recession in 2023

Bitcoin.com
Blackrock CEO Expects Inflation to Persist, but No Major US Recession in 2023
2008 Crisis
Blackrock CEO Expects Inflation to Persist, but No Major US Recession in 2023Blackrock’s CEO, Larry Fink, stated in an interview on Friday that he does not anticipate a “big recession” in the United States. However, he believes that “inflation is going to be stickier for longer.” In contrast to the U.S. central bank’s 2% goal, Fink predicts that “we’re going to have a 4ish floor in inflation.” […]
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Blackrock Amasses Billion in Bitcoin, Approaches 2% of Total Supply

Blackrock Amasses $24 Billion in Bitcoin, Approaches 2% of Total Supply

US Economy at Risk of Crash Landing, Allianz Warns

Bitcoin.com
US Economy at Risk of Crash Landing, Allianz Warns
Allianz US crash landing
US Economy at Risk of Crash Landing, Allianz WarnsAllianz, one of the world’s largest insurers, has warned that the U.S. economy is headed toward a crash landing. “We expect the economic momentum to deteriorate during the second half of the year on the back of rapidly tightening credit conditions, exacerbated by the banking crisis,” said the insurance giant’s analysts. Crash Landing Ahead, Warned […]
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Blackrock Amasses Billion in Bitcoin, Approaches 2% of Total Supply

Blackrock Amasses $24 Billion in Bitcoin, Approaches 2% of Total Supply

Report: US Government Auctions Off Failed Banks SVB and SNBY, Crypto Restrictions Apply

Bitcoin.com
Report: US Government Auctions Off Failed Banks SVB and SNBY, Crypto Restrictions Apply
American Banks
Report: US Government Auctions Off Failed Banks SVB and SNBY, Crypto Restrictions ApplyThe U.S. government and the Federal Deposit Insurance Corporation (FDIC) are auctioning off two failed American financial institutions, Silicon Valley Bank (SVB) and Signature Bank (SNBY), this week, with bids due by March 17. However, sources familiar with the matter said the qualifications to purchase the banks are stringent, and reportedly, the purchasers cannot deal […]
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Blackrock Amasses Billion in Bitcoin, Approaches 2% of Total Supply

Blackrock Amasses $24 Billion in Bitcoin, Approaches 2% of Total Supply

Steve Forbes Says the Fed Is ‘Inflicting Unnecessary Pain’ With Interest Rate Hikes

Bitcoin.com
Steve Forbes Says the Fed Is ‘Inflicting Unnecessary Pain’ With Interest Rate Hikes
bitcoin.com
Steve Forbes Says the Fed Is ‘Inflicting Unnecessary Pain’ With Interest Rate HikesMedia mogul Steve Forbes, chairman of Forbes Media, has warned that the Federal Reserve is “inflicting unnecessary pain” on the U.S. economy with its interest rate hikes after Fed Chair Jerome Powell said the Fed is prepared to raise interest rates at a faster pace. He also pointed out “the fundamental flaw in central bankers’ […]
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Blackrock Amasses Billion in Bitcoin, Approaches 2% of Total Supply

Blackrock Amasses $24 Billion in Bitcoin, Approaches 2% of Total Supply

BRICS Nations ‘Coalescing Against the Dollar,’ Major Banks Predict More Fed Hikes, Bitcoin Records Large Blocks as Ordinals Gain Currency

Bitcoin.com
BRICS Nations ‘Coalescing Against the Dollar,’ Major Banks Predict More Fed Hikes, Bitcoin Records Large Blocks as Ordinals Gain Currency
Andy Schectman
BRICS Nations ‘Coalescing Against the Dollar,’ Major Banks Predict More Fed Hikes, Bitcoin Records Large Blocks as Ordinals Gain CurrencyIn spite of turbulence in traditional global finance, with BRICS nations said to be pushing for de-dollarization and major banks like Bank of America and Goldman Sachs predicting further interest rate hikes from the U.S. Federal Reserve, creativity in crypto has found a new boon in the form of controversial inscriptions, called Ordinals, on the […]
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Blackrock Amasses Billion in Bitcoin, Approaches 2% of Total Supply

Blackrock Amasses $24 Billion in Bitcoin, Approaches 2% of Total Supply

US Markets Tumble as Real Estate Weakens, Putin Suspends Nuclear Treaty, Morgan Stanley Warns of Stock Market ‘Death Zone’

Bitcoin.com
US Markets Tumble as Real Estate Weakens, Putin Suspends Nuclear Treaty, Morgan Stanley Warns of Stock Market ‘Death Zone’
Americans
US Markets Tumble as Real Estate Weakens, Putin Suspends Nuclear Treaty, Morgan Stanley Warns of Stock Market ‘Death Zone’On Tuesday, all four major U.S. benchmark stock indexes fell as real estate data showed home sales dropped by 0.7% last month and Russian President Vladimir Putin suspended the nuclear arms control treaty with the United States. Additionally, the chief U.S. equity strategist at Morgan Stanley said the stock market is in a “death zone” […]
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Blackrock Amasses Billion in Bitcoin, Approaches 2% of Total Supply

Blackrock Amasses $24 Billion in Bitcoin, Approaches 2% of Total Supply

Study: 55% of Americans Believe They Will Lose It All if a Recession Hits the United States

Bitcoin.com
Study: 55% of Americans Believe They Will Lose It All if a Recession Hits the United States
2023 Economy
Study: 55% of Americans Believe They Will Lose It All if a Recession Hits the United StatesAccording to a recent study by Clever, a real estate data company, nearly three out of four Americans worry there will be a recession this year, and 69% of the research participants say the U.S. is already in a recession. What’s worse, 55% of the study’s respondents said they would lose everything if a recession […]
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Blackrock Amasses Billion in Bitcoin, Approaches 2% of Total Supply

Blackrock Amasses $24 Billion in Bitcoin, Approaches 2% of Total Supply

Crypto, Equity, Metal Markets Plunge as Tech Earnings Disappoint and US Economic Weakness Deepens

Bitcoin.com
Crypto, Equity, Metal Markets Plunge as Tech Earnings Disappoint and US Economic Weakness Deepens
3M
Crypto, Equity, Metal Markets Plunge as Tech Earnings Disappoint and US Economic Weakness DeepensEquity markets began the day in the red following the latest corporate earnings reports from some of the world’s largest firms, including Microsoft. The tech giant’s recent conference call was considered disappointing, and earnings from firms such as Boeing, Texas Instruments, and 3M were also lackluster. Gold and silver prices were down between 0.43% and […]
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Blackrock Amasses Billion in Bitcoin, Approaches 2% of Total Supply

Blackrock Amasses $24 Billion in Bitcoin, Approaches 2% of Total Supply

All Eyes on the Next Fed Meeting: Market Trajectories Hinge on Decision

Bitcoin.com
All Eyes on the Next Fed Meeting: Market Trajectories Hinge on Decision
benchmark rate increase
All Eyes on the Next Fed Meeting: Market Trajectories Hinge on DecisionEquities, precious metals, and cryptocurrencies have been on a tear during the last three weeks of 2023, and all eyes are now focused on the next Federal Open Market Committee (FOMC) meeting, which is 11 days away. On Friday, Federal Reserve governor Christopher Waller said that he favors a quarter-point benchmark rate increase at the […]
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Blackrock Amasses Billion in Bitcoin, Approaches 2% of Total Supply

Blackrock Amasses $24 Billion in Bitcoin, Approaches 2% of Total Supply

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