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The real reason JPMorgan is pouring in $1.5 trillion
💰 The real reason JPMorgan is pouring in $1.5 trillion “National security values determine corporate prices… birth of strategic asset markets” 🔄 End of 40-year financial capitalism Wall Street, which used to believe in efficiency, has changed 180 degrees. JPMorgan has announced that it will invest $1.5 trillion in U.S. strategic industries over the next…
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fall mainly on concerns over regional banks’ bad loans
10/17 U.S. stocks fall mainly on concerns over regional banks’ bad loans The U.S. stock market started higher, reflecting expectations for further rate cuts due to comments from Fed members. However, amid the recent rise in bad loans by some regional banks, the management of large banks has turned downward due to warnings of credit…
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Powell Suggests QT Ends in Months 🚀
Powell Suggests QT Ends in Months 🚀 [Policy interest rate]
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OpenAI CEO Sam Altman made a name for
OpenAI CEO Sam Altman made a name for himself as the founder of ChatGPT, but his real fortune comes from elsewhere. Ironically he doesn’t hold any stake in OpenAI. As a CEO, his annual salary is only $76,000 (100 million won). Nevertheless, his net worth is estimated at about $1.2 billion to $2 billion (W1.6…
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Why did Bessent talk about Japan again?
Why did Bessent talk about Japan again? Yesterday, Finance Minister Bessent made a remark, especially noticeable part, that he made another remark about Japan, which was about August 14th, when he was speaking straightforwardly. Now, of course, Japan’s bond rate has an effect on the U.S. bond rate, which is weaker than then. The U.S.…
