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3min chapter
Day One of Bitcoin Trade Fluctuates Following SEC Spot ETFs Approval
Bloomberg Businessweek
Skepticism about the Fed's ability to achieve a soft landing and concerns about rising credit card delinquencies
The speaker expresses doubt about the Federal Reserve's ability to achieve a soft landing due to factors like rising credit card delinquencies and discusses the impact it will have on individuals and the economy. The chapter also mentions a report on credit card delinquency rates exceeding pre-pandemic levels and upcoming announcements from big banks regarding loan loss provisions and credit card charge-offs.
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