Comments from the Fed Governor at a congressional hearing
- Expects to see substantial temporary dislocations as economy reopens
- The Fed as tools to address inflation if it proves to be lasting
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Oil prices hover near $110/bbl. CVX/XOM down 5% weekly, betting on a deal. Conflict could send crude to $150.
Corning's 223% 5-yr gain outpaced peers, but its 55x P/E may limit future returns.
Bitcoin briefly tops $70K on ceasefire hopes; Wall Street firms like MS & SCHW launch new crypto offerings.
SMRT's 19.8% sales drop & 122x EV/EBITDA valuation raise red flags. CNMD's slow growth & MBLY's sales decline signal caution.
UDMY, HLMN, UNM show high implied returns but face slowing growth & high P/E. Beware analyst bias!
Bitcoin's 85% plunge to $10k looms as 'money pump' unwinds. $75k is key support.
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