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"We're seeing really dramatic moves, and it's all really tied to Ukraine right now, and in a secondary way, in terms of interest rates," Octavio Marenzi, CEO of Opimas, told Yahoo Finance Live on Thursday. "This war in Ukraine is going to give the Fed the ammunition, the cover that it needs, to not raise interest rates too quickly. And I think Jay Powell is a very tepid sort of inflation fighter and he's not going to do as much as he needs to do to get that under control. And this seems like an excuse to kick the can further down the road still and not do too much too soon." Investors took profits on Friday while they could ahead of the weekend, explained Tom Essaye, founder of Sevens Report Research. Saturday and Sunday could easily bring unfortunate news on the war front—and traders would rather be able to sell any recent winnings at Friday’s earlier prices than wait for a potentially lower price at Monday’s open. "Someone posing as a Ukrainian citizen just joins the chat and starts spreading misinformation, or gathers data, like the location of shelters," Tsekhanovska said, noting how false messages have urged Ukrainians to turn off their phones at a specific time of night, citing cybersafety. "Markets were cheering this economic recovery and return to strong economic growth, but the cheers will turn to tears if the inflation outbreak pushes businesses and consumers to the brink of recession," he added. For tech stocks, “the main thing is yields,” Essaye said.
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Language: KalestiaThis group is intended for discussing the Kalestia translation for Telegram apps. You can suggest edits here: https://translations.telegram.org/kalestia/

Language: Kalestia
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American US telegram Group & telegram Channel 10

Telegram Language: Kalestia

Created: 2022-05-19

From: American and Russia

Telegram Language: Kalestia, 86721528 Telegram Group & Telegram Channel American, US

Telegram Language: Kalestia, 86721528 Telegram Group & Telegram Channel, Russia, RU

TG Language: Kalestia

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