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just in. Corporate default rates are at the highest since the great financial crisis

JUST IN: Corporate Defaults Are At Their HIGHEST Level Since The Global Financial Crisis 🤯 Credit rating agency S&P Global has released new data that shows that corporate defaults in August were the worst since 2009. The global corporate default tally jumped to 107 as of Aug. 31, 2023, with 16 defaults in August.They now …

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The big data event today is, of course, the release of the US CPI report.

The big data event today is, of course, the release of the US CPI report.The consensus forecasts are for Headline CPI inflation to come in at 0.6%, month-on-month, taking the annual rate up to 3.6%; andCore at 0.2%, MoM, with the annual rate falling to 4.3%.(For background on the “last mile” inflation dynamics and policy …

The big data event today is, of course, the release of the US CPI report. Read More »

Kemp declares state of emergency over inflation in Georgia

Georgia Gov. Brian Kemp (R) declared a state of emergency for the Peach State over inflation rates Tuesday.“From runaway federal spending to policies that hamstring domestic energy production, all Bidenomics has done is take more money out of the pockets of the middle class,” Kemp said in a press release. “While high prices continue to …

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As Bitcoin quietly wipes out 10 billion in Market cap, the risk is getting even more risky for HODLers

“🚀📉 The Bitcoin Chronicles: A Rollercoaster Ride of Risk and Reward! 🎢💰Bitcoin recently took us on a $1,000 dip from $26,000 to $25,000 before bouncing back, leaving us all wondering about the wild world of crypto. 📈💥As I delve into the volumes over the past 24 hours, it’s truly remarkable how this thinly traded asset …

As Bitcoin quietly wipes out 10 billion in Market cap, the risk is getting even more risky for HODLers Read More »