Former Commerce Secretary Wilbur Ross has warned of an impending U.S. recession because of the lingering results of pandemic-related stimulus. Whereas Wall Road maintains a extra optimistic outlook, citing sturdy GDP and low unemployment, Ross argues that the financial system was artificially inflated by the $5 trillion in stimulus. He factors to inflation, excessive shopper costs, […]
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Crypto gives back gains as macro headwinds overwhelm regulatory optimism
For about 48 hours, crypto had something genuine to celebrate. The CLARITY Act, a landmark piece of stablecoin regulation, cleared...
