This week in the China Shop, the IMF Chief warns about rate hikes, 5G rollouts are causing flight delays and the European’s are acting smug about their labor numbers… In Stocks and Options, PTON takes a nosedive, INTC opens a new plant and activist investors target Kohls… Rounding out our watchlist is TSM and PYPL. Over in the Crypto Corner, the Fed publishes a whitepaper on the prospects of a digital currency and Turkey’s Erdagon pops up in the news again. With everything looking red lately, will anyone be brave enough to go long on The Bet?
2 Bulls in a China Shop: 01/22/21
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Links:
Flights Canceled Due to 5G Launch Near Airports
IMF Chief Worried About Rate Hikes
Stocks Selloff on Weak Earnings and Rate Hike Fears
Europe Not Experiencing Anything Like Great Resignation
PTON Halts Production
INTC Opens New Plant in Ohio
Activist Investor Targets Kohls
Fed Takes Next Step to Potential Digital Currency
Erdagon Meets with El Salvador’s BTC Boosting Leader
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