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We aggregate some of the best up to date investing stories and news from around the web and deliver it to you each day in The Daily.
From The Ivy: Monday, December 13 2021

7 Crypto Stats that Prove it is Mainstream.

Cryptocurrencies and decentralized assets are entering our financial world in a hurry. Data shows the emergence of cryptocurrencies like Bitcoin and Ethereum, as well as less well-known crypto projects like Solana and Polkadot are no longer on the horizon – they have gone mainstream.
Here are the 7 crypto stats that prove it.

The Stock Market Flashes a Warning Seen During the Dot-Com Bubble. History Says the S&P 500 Will Do This Next.

The S&P 500 trades at an expensive valuation that has historically preceded negative returns over the next one, two, and three years.

The “Magnificent Seven” stocks achieved an average return of 335% during the last five years, while the S&P 500 (^GSPC -0.29%) advanced 92%.

 » Read more about: The Stock Market Flashes a Warning Seen During the Dot-Com Bubble. History Says the S&P 500 Will Do This Next.  »

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Stock market: What does Chinese FM Wang Yi's India visit before Trump-Zelensky meeting mean for Dalal Street? EXPLAINED

Indian stock market: After India’s NSA Ajit Doval met the Russian President ahead of the Trump-Putin meeting in Alaska, Chinese FM Wang Yi landed in India ahead of the Trump-Zelensky meeting on Monday. This chain of developments provides some cues for the Indian and global markets,

 » Read more about: Stock market: What does Chinese FM Wang Yi's India visit before Trump-Zelensky meeting mean for Dalal Street? EXPLAINED  »

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India mulls easing barriers against Chinese investments for non-sensitive sectors: Report

New Delhi clamped down on investments from China following a border clash in Ladakh’s Galwan Valley in 2020.

India is looking to ease barriers for Chinese investments in certain sectors as New Delhi seeks to mend ties with its Asian rival amid trade uncertainty with the US,

 » Read more about: India mulls easing barriers against Chinese investments for non-sensitive sectors: Report  »

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Powell's Dovish Tone Sparks Wall Street Rally, S&P 500 Rebounds From Losing Streak

The financial world was abuzz on Friday as Federal Reserve Chair Jerome Powell hinted at a potential interest rate cut in September, sparking a significant rally on Wall Street.

What Happened: Powell’s dovish tone during his much-anticipated speech led to the largest cross-markets surge since April.

 » Read more about: Powell's Dovish Tone Sparks Wall Street Rally, S&P 500 Rebounds From Losing Streak  »

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The Burst

The Ivy

Alert: 27% Upside in Maligned Fintech Play

Alert: 27% Upside in Maligned Fintech Play

Investment Alert: Buy PayPal (PYPL) Under $57/share

Disclaimer: Investment Alerts have a medium to long-term time horizon. These do not constitute financial advice and you should contact a financial advisor before deciding whether it is appropriate for your individual circumstances.

It’s really hard to explain away why Paypal has been so beaten down this year.

 » Read more about: Alert: 27% Upside in Maligned Fintech Play  »

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