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Quote of the Day

"The obvious question is this: If Bitcoin was just a bubble to begin with, why has it been bouncing back this manner? The answer is that cryptocurrencies, in some form or another, are probably here to stay."

(Tyler Cowen)

Chart of the Day

Russia is one of top performing stock markets YTD. See also The Economist on Russia. (chart via @koyfin)

(nytimes.com)