Well, it’s the last weekend before the great election, and wouldn’t you know it, the scariest holiday on the calendar. …
We wanna wish everyone reading this a very happy Halloween. It’s a great time to remember that all our greatest fears are actually just a facade, a friend of ours wearing a costume.
The market is the same way.
Since the inception of the pandemic, the Federal Reserve has injected record amounts of stimulus in a swift and decisive move, expanding their own balance sheet, and the effects can clearly be seen in the stock market. Click to tweet
Rumor has it though that now they’re spent. Yes, they could print a lot more, but lately, many have been asking whether they really should.
In Europe, on the other hand, we learned this week that the printing presses are currently being warmed by European Central Bank President Christine Lagarde and should be ready to print by #Decemberrrrr.
The timing here is perfect, and demand will no doubt be pent up by an economy that will just be coming out of several nationwide lockdowns.
So, I guess what I’m trying to say is that we should be getting some really nice moves in the currency market next year, once the current situation in the United States settles down and the world can move forward.
Of course, the currency and payments landscapes are rapidly changing as well. At the moment, decentralized currencies in many different forms are gaining in usage and legitimacy all over the world.
In the next few years, they’ll likely play a pivotal role not only in the economy, but in computing and entirely new structures of governance, the applications of which are only limited to the human imagination.
Yes, the human race has been very good at continuously progressing at rapid speeds.
When things break, we take some time to fix them and then get right back to it.
Computers and the internet are still in their infancy, and we have every reason to believe that they will get so much more advanced from here in terms of functionality, robotics, and artificial intelligence, and uh oh…