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Rising Interest Rates: Why The Narrative Fails Against The Data
Rising Interest Rates: Why The Narrative Fails Against The Data
Authored by Lance Roberts via RealInvestmentAdvice.com,
Last Friday closed with the 10-year Treasury yield at 4.60%, a one-year high, and the doom commentary about rising interest rates was waiting before the bell even rang. Hyperinflation. Bond market breakdown. Paradigm shift. A 1981 fair-value retest. The Fed is about to “push the brrrr button” or pop “the everything bubble.” If you spent any time on social media over the weekend that followed, you saw a version of every one of those.
So I posted a short thread...
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'We Outright Grabbed The Wallets': Bessent Boasts $1BN In Iran State Crypto Seized To Date
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Washington's economic war on Iran and its 'shadow' banking network continues, as on Friday Treasury Secretary Scott Bessent announced the US has seized $1 billion in Iranian cryptocurrency assets as part of the economic component of President Trump's Operation Epic Fury.
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European Nations To Boycott Soccer World Cup Over New FIFA Proposals
European Nations To Boycott Soccer World Cup Over New FIFA Proposals
Authored by Rachel Roberts via The Epoch Times,
Europe’s governing soccer body, the Union of European Football Associations (UEFA), has said its 55 members have unanimously voted to boycott the World Cup in protest of FIFA’s plans to sell stakes to external investors, saying that the sport’s biggest competition is “not for sale.”
FIFA, the sport’s worldwide governing body headed by Gianni Infantino, announced plans on July 28 to create a $20 billion subsidiary to run the World Cup and other...
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