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Bessent Says US Is ‘Suffocating’ Iran With Oil Industry Creaking
(Bloomberg) - Treasury Secretary Scott Bessent said the US is “suffocating” Iran with economic and financial pressure, suggesting that the rulers in Tehran will eventually buckle.
Kevin Warsh Says He Favors A More Dynamic Approach To Monetary Policy
Incoming Federal Reserve Chair Kevin Warsh signaled during his confirmation hearing that he favors a more dynamic and openly debated approach to monetary policy deliberations, suggesting that more rigorous internal disagreement can ultimat
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Did The Fed Policy Shift Destroy The Reflation Trade?
Trades that benefit from higher inflation made a sudden U-turn following the hawkish announcement from the Federal Reserve last week.
U.S. senators haggle over funding of $1 trillion infrastructure compromise
A bipartisan infrastructure plan costing about $1 trillion, around a fourth of what Biden initially proposed, has been gaining support in the Senate.
David Tepper: Oil Stocks Are Only Cheap Because Everyone Hates Them
Oil stocks are the cheapest equities by every measure because people hate them, said Tepper, who runs hedge fund Appaloosa and says he’s going long.
Big Short Burry: Mother Of All Meme Crashes Looming
Burry has a haphazard relationship with Twitter. He doesn’t post frequently from his account, but when he does his comments can be controversial.