In this article, we aim to analyze how close we are to the inevitability of physical cash phasing out, what the likely financial impacts of the transition are, and whether there are potential investment opportunities to look out for while we observe this inevitable change.
Economies around the globe are suffering due to the COVID-19 pandemic. Governments in all nations will be looking for new sources of revenue to provide jobs to millions of people who find themselves out of work and to replenish diminishing budgets. With this in mind, a potential source of revenue and jobs could be provided through the legalisation of marijuana.
Ethereum, which is currently the second largest cryptocurrency in the world by market capitalization, distinguishes itself in providing one of the world’s first Turing Complete protocols, meaning programmers can use the Ethereum programming language to build their own Ethereum “Tokens” that can be swapped to and from Ethereum and are complete cryptocurrencies in their own right, which is a feature previously impossible on cryptocurrencies such as Bitcoin.
The global economy has suffered fourteen global recessions since 1870, some of which have resulted in severe economic contractions. With more than a third of the world’s population being forced into lockdown, the COVID-19 pandemic is likely to plunge the global economy into its worst recession since the Second World War.
Throughout February and mid-March, the Australian debt market was plagued by irrational investor behaviour following fears of economic stagnation. Many investors were spooked about the impending pandemic and its associated economic costs which caused a decrease in the value of risky assets and a boosted demand for risk-free assets such as government-issued bonds. As investors piled into safe-haven assets, Australian bond-yields declined to record lows.
For the past few months, the market has traded with volatility that hasn’t been seen in a decade. Since the crash back in March, markets have aggressively rallied with the tech sector reaching all-time highs. In this article we will break down the leading tech companies along with the unprecedented inflow of funds into the industry.
The Financial Times (“The modern era of globalisation is in danger”, May 24) is right to argue “the current era of globalisation is not dead but looks in ill health”. With the rise of populist nationalism such as UK’s Brexit vote and the US election of Donald Trump in 2016, the COVID-19 risks deliver the knockout blow. Every country will have to pay the price for increasing protectionism resulting in frailer domestic production.
The purpose of this article is to delve into why Bitcoin is the single most buzzed about cryptocurrency, to discuss what Bitcoin’s halving entails, and how the past halvings have affected the global cryptocurrency market.
The global sports betting market was valued at approximately US $104.3 billion in 2017 and is expected to reach US $155.49 billion by 2024. Although it is widely viewed as being a root cause of gambling-related problems, there are many positive aspects to the industry.
Unlike many financial markets, I would consider the antique violin market to be somewhat niche and therefore, illiquid. This means it is far easier to buy and sell blue chip stocks on the ASX than trade antique violins which poses some problems – however, I have some measures in place to minimise the effects of low liquidity: