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    Home » Economist Rosenberg Warns Rising Inflation Prices Could Harm Reopening of Economies
    Uncategorized Updated:June 15, 2021

    Economist Rosenberg Warns Rising Inflation Prices Could Harm Reopening of Economies

    June 14, 20211 Min Read
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    Economist David Rosenberg believes that the bond market will streamline the rising inflation and warns against increasing output prices. 

    • Rosenberg believes inflation is as a result of constrained demand and supply due to the corona pandemic.
    • On Friday, the 10-year Treasury Note yield closed at 1.45% its lowest since March.
    • Rosenberg is optimistic the rising inflation will flatten. “Growth should reclaim leadership over value in the stock market,” – economist said.
    • The Rosenberg Research president said he believes in more bullish action in BTC, however he doesn’t own any Bitcoin so far, considering it as a volatile and speculative asset.

    SPY is up 0.059% on pre-market 

    EURUSD is up 0.10%

    Source: CNBC 

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