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US Inflation’s Accelerating

13 Jan 20246 mins
US Inflation’s Accelerating

This week Global food prices posted their biggest annual drop since 2015. Inflation in the US accelerated last month. The eurozone’s unemployment rate hit a record low. Economic confidence in the bloc improved for a third consecutive month. Chinese stocks are extremely cheap compared to bonds. Japanese stocks hit a fresh 34-year high. The SEC approved the first bitcoin spot ETFs.

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