Bitcoin's correlation to gold is unusually low right now, and Bitcoin relative to gold looks like it is turning up. @CathieDWood explains why she believes that ratio goes to all-time highs in this month's “In The Know.”
Last week, SpaceX and Governor Jeff Landry announced Starbase Louisiana, a $100 billion commitment to build one of the largest infrastructure projects in history on roughly 125,000 acres at Pecan Island in Vermilion Parish.
The greenfield investment includes five complexes, each
Two other inflation gauges are running cooler. The Dallas Fed's trimmed mean Personal Consumption Expenditures (PCE), which strips out the biggest price swings on both ends, is at 2.3%. Truflation's core reading is 1.3%. Cathie Wood believes the 3.7% headline is the outlier,
Fed (Federal Reserve) Chairman Kevin Warsh focused on headline personal consumption expenditures (PCE) inflation at 3.7% in his Jackson Hole speech.
Where do you think inflation goes from here?
