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Biden’s Taiwan shift, US companies see inflation, Archegos hits big banks
FT News Briefing
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The biden administration willing to rachet up tensions with china with a policy move on tian and us. Companies are already sounding the alarm over inflationary pressures. The blow up of our chagos capital management did serious damage to some big investment banks. And that could change how banks deal with hedge funds, with several big banks humbled by this they cut back how much leverage they offer to all hedge funs.
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