#Inflation surges as prices spike, settling at high pace

#Inflation surges as prices spike, settling at high pace

“#Inflation surges as prices spike, settling at high pace” Inflation continued to surge in August, but appeared to settle at nearly the fastest pace in almost 13 years as the economy continues to emerge from the pandemic, the feds said Tuesday. The Labor Department’s Consumer Price Index, which measures a basket of goods and services as…

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# Gold, bond portfolios are ‘naked’ without Bitcoin, Bloomberg strategist asserts

# Gold, bond portfolios are ‘naked’ without Bitcoin, Bloomberg strategist asserts

“# Gold, bond portfolios are ‘naked’ without Bitcoin, Bloomberg strategist asserts ” What is protecting an investment portfolio from potential stock market volatility? As per Bloomberg Intelligence’s Mike McGlone, a merged exposure of Bitcoin (BTC), gold, and government bonds. The senior commodity strategist, who sees BTC heading to $100,000, pitted derivatives in a new report representing the…

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