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The market was a bit mixed last week. Inflation and rising interest rates continued to pressure the market early in the week, while improving jobless claims numbers led to some market recovery on Thursday. We also got the Fed’s minutes from their April meeting, some insights into negotiations on the American Jobs Plan, aka Biden’s infrastructure plan, and Bitcoin continued to tumble. For more, you can find all the previous Monday Market Update’s here. You can now also get the market weekly update every week on Finance Explained, my new podcast, along with a deep dive on a topic relevant to the week’s headlines.
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