Strategy Meets Finance Financial and Economic News: March 13, 2024
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Major stories developing on the global economic front, including:
- Government Funding Fiasco Averted… For Now
- Biden Unveils Bold Budget Agenda
- Wall Street Vexed by Tech Valuation
- Wall Street Bets on Boring
- Gold Glitters Amidst Inflation Uncertainty
- Boeing Experiencing Heavy Turbulence
- Bitcoin Bounce Creates Thousands of Millionaires
- IPO Reveals Reddit Riches
- Google Billionaire Seeks ESG Edge
- Inflation Sees February Flare-Up
FinWeekly has the latest updates on top market topics and other financial news: the US narrowly avoided a government shutdown with a $460 billion funding package, while President Biden unveils a bold $7.3 trillion budget proposal for fiscal year 2025. Wall Street strategists dispel concerns of a tech bubble, even as investors shift towards short-volatility bets. Gold prices remain steady amidst inflation uncertainty, while Boeing faces heavy turbulence with its stock plummeting. Bitcoin's rally creates thousands of new millionaires daily, and Reddit pursues a high-stakes IPO. Meanwhile, Google co-founder Sergey Brin eyes ESG investments, and US core inflation sees a February flare-up, signaling ongoing economic challenges. Tune in for insights into these dynamic economic trends shaping our world.
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