Bernstein: MicroStrategy is building the worlds largest Bitcoin company
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For the first time in over a month! U.S. airstrikes Iran's Larak Island, oil prices surge in response
On August 30 local time, the U.S. military launched a new attack on Iran after more than a month, carrying out airstrikes on two Revolutionary Guard facilities on Larak Island. In retaliation, Iran fired missiles towards Jordan. Oil prices surged in response, with Brent crude temporarily exceeding $90 per barrel. Meanwhile, several senior U.S. military commanders warned internally that continued operations against Iran would be unsustainable, as only about a quarter of U.S. Navy destroyers are combat-ready. After six months of conflict between the U.S. and Iran, the situation has reached a stalemate, negotiations have broken down, and both sides are under pressure.
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Is Waller's "jawboning" failing? Behind the bond market shake-up: investors bet the Fed doesn't dare to really raise rates
Bond investors from ABN AMRO Investment Solutions and Brandywine Global Investment Management have expressed skepticism towards the growing market speculation that "Federal Reserve Chairman Kevin Walsh will soon raise interest rates."
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