Stocks fall on bond fears; Bitcoin hits US$52k

Fri, 19 Feb 2021

TLDR: Mōrena. It’s a great day to start vaccinations in New Zealand and a great day for Kyle Jamieson, who fetched $2.86 million in the IPL auction overnight. He’s not the only hot commodity. Bitcoin jumped to a fresh record high over US$52,000 as central banks reiterated they would keep printing billions of dollars a day to fire up the global economy to reach escape velocity, even if it meant firing up inflation to well over 2%.The jabbing starts today The vials of Pfizer/BioNTech vaccine that touched down in Auckland on Wednesday...

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