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Trade-war scenarios force investors to rewrite playbook

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Bloomberg All it took was two lunchtime tweets, sandwiched between posts complaining about the results of the Kentucky Derby and another gripe about “Angry Democrats,” for investors around the world to rip up their playbooks for 2019. What has replaced those playbooks now that US President Donald Trump has made good on his Twitter threats to boost tariffs on $200 ...

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Bitcoin’s first $1,000 weekend since 2017 marks 9-month high

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Bloomberg Bitcoin surged more than $1,000 this weekend to the highest level since August, as cryptocurrencies extended their rebound from a slump last month amid the New York attorney general’s investigation of a key part of the market. Bitcoin rose as much as 6.9 percent to $7,445, before trading at $7,323.86 in Hong Kong on Sunday, according to Bitstamp. All ...

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Fed faces skepticism over plan to improve monetary strategy

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Bloomberg A posse of Federal Reserve policy makers met with skepticism when they described ways to potentially improve their management of the economy. Participants at a Hoover Institution monetary conference questioned whether the central bankers have the will or the way to implement the fresh strategies they outlined, including average inflation targeting. The experts also voiced concern that the US ...

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