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Coca-Cola is looking into a new market (Pepsi is already there)

Coca-Cola is looking into a new market (Pepsi is already there)

For decades Coca-Cola (IS) – Get a free report and PepsiCo (DYNAMISM) – Get a free report fought over which one tasted the best cola. This led to the famous “Pepsi Challenge” marketing campaign, which began in 1975 and has been used periodically since then. The principle was simple. People were asked to taste both …

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US Treasuries at 'tipping point': Stock-bond correlation shifts as fixed-income market issues recession warning

US Treasuries at ‘tipping point’: Stock-bond correlation shifts as fixed-income market issues recession warning

Bonds and stocks could return to their usual relationship, a boon for investors with a traditional mix of assets in their portfolios as the United States fears a recession this year. “At the end of the day, correlation has now reverted to more traditional correlation, where stocks and bonds don’t necessarily move together,” said Kathy …

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Amazon Web Services plans to invest $35 billion in Virginia data centers

Amazon Web Services plans to invest $35 billion in Virginia data centers

Mark Mahaney, senior managing director of Evercore ISI, explains why he is lowering his price targets on two Big Tech stalwarts on “Varney & Co.” Virginia Governor Glenn Youngkin announced Friday that Amazon Web Services plans to invest $35 billion in new data centers in the state by 2040, which would result in the largest …

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Crypto platform Bitzlato accused of laundering over $700 million in illicit money

Crypto platform Bitzlato accused of laundering over $700 million in illicit money

US authorities have designated the cryptocurrency exchange Bitzlato Ltd. as a major money laundering problem and accused its founder of allegedly facilitating money laundering for criminals. The Treasury Department named Bitzlato under a section of the USA Patriot Act, a law used to combat money laundering and terrorist financing, for allegedly laundering illicit funds for …

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Investors are “desperate” for a recession that forces the Fed to cut interest rates, but what will happen to markets if the economy remains healthy?

Investors are “desperate” for a recession that forces the Fed to cut interest rates, but what will happen to markets if the economy remains healthy?

As 2023 kicks off, markets are clinging to expectations that the U.S. economy will slide into a recession that effectively forces the Federal Reserve to start cutting interest rates, slashing bond yields and borrowing costs, and perhaps help stock market valuations. U.S. economic data released over the past few months shows that inflation has moderated, …

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Fed Chairman Jerome Powell silent as bond markets experience recession and rate cuts

Fed Chairman Jerome Powell silent as bond markets experience recession and rate cuts

Often it is what is left unsaid that deserves the most attention. Federal Reserve Chairman Jerome Powell’s decision to sidestep the issue of inflation and rate hikes at a central bank conference in Stockholm this week, as markets bet against his previous hawkish signals, could prove as pivotal as his late August speech in Jackson …

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Elon Musk sends a subtle message to disenchanted Tesla shareholders

Elon Musk sends a subtle message to disenchanted Tesla shareholders

Elon Musk is used to facing critics, haters and detractors. He even likes these battles very much. Sometimes he even tends to provoke his supposed enemies. The Techno King, as we call him at Tesla (TSLA) – Get a free report, likes to turn his opponents’ attacks into counter-attacks. The serial entrepreneur is never so …

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