The World’s First ETP Betting on Both Bitcoin and Gold Is Here

(Bloomberg) — The first ever exchange-traded product combining Bitcoin and gold has launched in Europe — offering the twin prospect of long-term returns and inflation protection, at least in theory. Most Read from BloombergRussia to Cut Gas to Poland and Bulgaria, Making Energy a WeaponRussia Warns of Nuclear War Risk as Ukraine Talks Go OnUkraine Latest: Russia Says It Cut Gas Flows to Poland, BulgariaElon Musk Lands Deal to Take Twitter Private for $44 BillionTech Stocks Fall Postmarket on D
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Goldman Sachs Sees U.S. Recession Odds at 35% in Next Two Years

(Bloomberg) — History suggests that the Federal Reserve will face a difficult task in tightening monetary policy enough to cool inflation without causing a U.S. recession, with the odds of a contraction at about 35% over the next two years, according to Goldman Sachs Group Inc.Most Read from BloombergHousing Market Fever Starts to Break in BoiseBiden Weighing Student Loan Cancellation or Moratorium ExtensionUkraine Update: Mariupol ‘Basically Encircled’ Yet Hasn’t FallenMusk Uses Inverted Smile
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