Prices are jumping as the economy rebounds from the pandemic, but the Biden Administration and the Federal Reserve say a return to 1970s-style inflation is unlikely.
Following
5/28/2021 5:38:11 PM GMT
Bitcoin price momentum continues to fail at 200-day simple moving average (SMA), constructing symmetrical triangle.
Ethereum price momentum stalls at the tactically important 50-day SMA, but overall price structure remains positive.
XRP price drops below neckline of a head-shoulders pattern on the four-hour chart, introducing new short-term risk.
Bitcoin price construction of a symmetrical triangle does point to a period of uncertainty. In contrast, XRP price is overcome with selling pressure, leaving it exposed to a test of the crash lows. Ethereum price seeks consolidation to release burdensome price compression before seeking new rally highs.
Kuroda joins the ranks of central bankers questioning cryptocurrencies
BRITISH & AMERICAN INVESTMENT TRUST PLC - Annual Financial Report
PR Newswire
Annual Financial Report
Registered number: 00433137
1 Chesham Street
Telephone: 020 7201 3100
27 May 2021
This is the Annual Financial Report as required to be published under DTR 4 of the UKLA Listing Rules.
Financial Highlights
2020
879
2.23p
2.59p
- deducting preference shares
19p
21p
per ordinary share
per ordinary share - 1
1.75p
1st interim dividend declared for the year ended 31 December 2021 of 2.7 pence per ordinary share payable on 24 June 2021 to shareholders on the register at 11 June 2021. A preference dividend of 1.75 pence will be paid to preference shareholders on the same date. Basic net assets are calculated using a value of fully diluted net asset value for the preference shares.
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Fox Business anchor joins ‘The Faulkner Focus’ to discuss Biden’s agenda and federal spending.
America’s fiscal house is not in order. The government spends trillions more than it takes in every year. For decades, our politicians have been more concerned with making speeches and raiding the treasury than sound economics and fiscal responsibility.
In roughly the last decade, the level of federal debt held by the public increased more than 400% – rising from $5 trillion in 2008 to nearly $22 trillion by the end of 2020. Sadly, there are few to no political incentives for our politicians to act responsibly. But there is no free lunch, and the reckoning for our country’s fiscal profligacy is rapidly approaching in the form of inflation.