Dec CPI Rises

🚨 🚨 BREAKING: December CPI inflation rate RISES to 3.4%, above expectations of 3.2%. Core CPI inflation fell to 3.9%, above expectations of 3.8%. This is the 33rd consecutive month with inflation above 3% and first jump since September
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China: US Has Weaponized Chip Exports

🇨🇳 🇨🇳 China’s Ministry of Commerce said Thursday the U.S. is weaponizing export controls and using them as a tool. “We are highly concerned about the United States’ direct intervention and interference in the issue of high-tech exports by Dutch companies to China”

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Stocks: Look At History

💥💥 A review of data going back to 1971 shows markets do not bottom until after the Federal Reserve starts cutting rates, according to a note from Gary Schlossberg, global strategist at Wells Fargo Investment Institute
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Citigroup—It’s Not Over Yet

🚨 🚨 Citigroup warned investors that charges tied to the decline of the Argentine peso as well as the bank’s reorganization came in far higher than recently disclosed
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Tata Power Will Go Higher

🇮🇳 🇮🇳 Tata Power Co. is targeting a near fourfold growth in its renewable generation capacity to 15 gigawatts by 2027 as the country’s second biggest private generator seeks to decarbonize operations
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Turkish Lira Plunges 37%

🇹🇷 🇹🇷 The Turkish Lira has fallen some 37% against the U.S. benchmark over the past year, as monetary policymakers try to combat double-digit inflation by steadily raising interest rates
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Bitcoin Will Ultimately Rise To $60K

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