for the first time in 13 years … no, we are not superstitious

As always, at the end of the week, together with a trader, trainer and investment expert Fuad Rasulov, we discuss not just the current events of the past week, but those events that influenced the global stock markets.

This happened for the first time in 13 years. No, we are not superstitious. Inflation in May was 5%. What’s so special about it? This is the first time this has happened since 2008. Alarm bell ?? How will the Fed react to it? Should we be afraid of hyperinflation? Should we be afraid of mega-inflation? Should we be afraid of uberinflation? Should we be afraid of superinflation? Or does the Fed have everything under control?

El Salvador made Bitcoin the official currency. Yes, you heard right (although how could you have heard wrong reading the text?). Firstly, El Salvador, secondly, bitcoin, thirdly recognized at the official level. Fuad Rasulov, a trader, trainer, investment expert and master of dislike for cryptocurrencies, does not lose his presence of mind: this is still only Salvador. When Germany or Switzerland introduces this, then we’ll talk.

Growth of shares of a healthy person. Biogen has announced a big step: its Alzheimer’s drug has been approved by the US authorities. This is the first time in 20 years. This can be a great event: if the medicine works (and there are doubts about this), then it can facilitate and improve the quality of life of hundreds of millions of people. The stock market appreciated the company’s efforts: shares are growing at a good pace. Although those who bought a yacht and three islands, having invested in GameStop shares, of course, are grinning.

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