JPMorgan: Inflation Will Get To 2%

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🚨 🚨 JPMorgan Asset Management’s David Kelly: We are not seeing a price-wage spiral,” Kelly said. “We’re seeing a price-wage Slinky. They are both gradually coming down the stairs slowly. I think they’re just going to continue all the way to 2%,” the Fed’s target inflation rate
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Michael Burry Was So Wrong

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🚨 🚨 BREAKING: The Bears Were So Wrong: Famed Big Short Investor Michael Burry closed his $1.6 billion (nominal value) short position in the S&P 500 and Nasdaq for an estimated 40% loss
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Google: Bill Ackman Doubles Stake

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🚨 🚨 Billionaire hedge fund manager Bill Ackman nearly doubled his holdings of the Google parent’s Class A shares, which have voting rights, to approximately 4.4 million during the three months ended Sept. 30
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The Ultimate Newsletter

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This newsletter is your ultimate guide to staying informed about the global financial markets. Test us out and experience the difference in your financial knowledge and decision-making. Subscribe now and elevate your understanding of the ever-changing financial landscape
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China Latest Data Beats

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🇨🇳 🇨🇳 BREAKING: China retail sales, industrial data grow faster than expected in October. The International Monetary Fund last week cited Beijing’s policy announcements as a reason to raise its China growth forecast for the year to 5.4%. The IMF also raised its 2024 growth forecast to 4.6%
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Oil: Citi Turns Bearish

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🛢️ 🛢️ BREAKING: Citi’s bold forecast: Brent crude oil prices to $73 / bbl in Q2 2024
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This Bond ETF Is A Must Buy

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🇺🇸 🇺🇸 This Bond ETF Is A Must Buy: Professional investors are flocking to bonds in a stampede not seen since the end of the financial crisis. A $49.2 billion bond ETF has gained about 8.5% since its 52-week closing low on Oct. and has outperformed the Nasdaq and the S&P 500
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Japan’s Economy Shrinks

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🇯🇵 🇯🇵 BREAKING: Japan’s economy shrinks far more than expected in third quarter. Provisional gross domestic product fell 2.1% in the third quarter compared to a year ago, while also recording a 0.5% decline from the previous quarter
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D1 Capital Increases Microsoft Stake By 78%

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🚨 🚨 Daniel Sundheim’s D1 Capital increased its stake in Microsoft by nearly 78% while more than doubling its shares in Meta Platforms during the third quarter
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Airbnb Acquires AI Startup

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🚨 🚨 Airbnb acquires AI startup for just under $200 million. The startup is called Gameplanner.AI, which has been in “stealth mode” since its founding in 2020

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