#Stagflation in US economy ‘unavoidable,’ economist El-Erian says

#Stagflation in US economy ‘unavoidable,’ economist El-Erian says

“Stagflation in US economy ‘unavoidable,’ economist El-Erian says” The onset of debilitating stagflation within the US economy is likely “unavoidable” even if the Federal Reserve manages to avoid a full-fledged recession, famed economist Mohamed El-Erian warned on Wednesday. El-Erian, the chief economic adviser at Allianz, indicated that stagflation would take hold despite the Fed’s plan…

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# Bitcoin shakes of Fed volatility as analysts remain split on return under K

# Bitcoin shakes of Fed volatility as analysts remain split on return under $24K

” Bitcoin shakes of Fed volatility as analysts remain split on return under $24K “ Bitcoin (BTC) circled $30,000 on May 18 after fresh comments from the United States Federal Reserve sparked n volatility. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Analyst: Extra Fed rate hikes “biggest risk” Data from Cointelegraph Markets Pro and TradingView showed…

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#Dow up, but stocks on track for 6th straight losing week

#Dow up, but stocks on track for 6th straight losing week

“Dow up, but stocks on track for 6th straight losing week” Wall Street found some relief on Friday as major stock indexes bounced from a brutal week of selling — but markets still ended lower for the sixth consecutive week. Rattled by a surprisingly stiff monthly inflation number and a cataclysmic selloff in cryptocurrencies this…

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