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Biden’s Taiwan shift, US companies see inflation, Archegos hits big banks
FT News Briefing
The Biden Administration Is Seizing China as a Military Threat to Taiwan
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The federal reserve has raised its forecast for inflation, though it isn't expressing too much concern. Companies in the s and p 500 are saying they already see inflation in their operations. The cost of shipping and congestion in the global supply chain is just really incredible right now.
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