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The Stagflation Narrative: What Doomers Get Wrong
The Stagflation Narrative: What Doomers Get Wrong
Authored by Lance Roberts via RealInvestmentAdvice.com,
The stagflation narrative dominating financial social media isn’t completely wrong. That’s what makes it so dangerous. After more than 30 years of managing client portfolios through actual inflationary cycles, not watching them on YouTube, I’ve learned that the most damaging investment advice isn’t built on outright lies. It’s built on partial truths, stretched past the point where the data still holds.
If you haven’t read Commodity Supercycle: The Enemy Of The Bull Thesis (Part 1), it is an important primer to...
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OpenAI Secures Record $110 Billion Funding Round Backed By Amazon, Nvidia, & SoftBank
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OpenAI has closed a new funding round that could total $110 billion, valuing the ChatGPT maker at $730 billion pre-money and potentially putting it on course for an IPO in the second half of the year, according to a new Financial Times report.
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Breaking down funding numbers by...
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