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podcast US Q1 Real GDP printed below expectations but still at a respectable 1.6%, and core inflation was hotter than analysts forecast: more fuel on the fire of the reflation theme? Alf and Brent present a contrarian macro thesis instead, and also discuss the odds of a Chinese devaluation and more. Finally, they talk about the pros/cons of using stop ...
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Philadelphia-based Republic First Bank (doing business as Republic Bank) was closed today by the Pennsylvania Department of Banking and Securities, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. To protect depositors, the FDIC entered into an agreement with Fulton Bank, National Association of Lancaster, Pennsylvania to assume ...
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The Bitcoin price on Friday continued to trade in a sideways movement following the latest round of data. The BTC/USD oscillated between $65,297 and $63,685 within a sideways channel formation. The price of the pioneer cryptocurrency continues to oscillate below the 100-hour moving average line. As a result, Bitcoin still has a lot of room to run on either ...