Tag: Financial market

BlockchainFinanceResearch

NFT Market Shows Resilience Amid Crypto Volatility, Study Finds

A comprehensive study examining investor behavior during the COVID-19 pandemic and post-pandemic period reveals surprising stability in the NFT market despite cryptocurrency volatility. Researchers found that while both markets exhibit herding behavior, NFTs may offer diversification benefits for investors seeking to manage risk in turbulent markets.

NFT Market Demonstrates Unexpected Stability During Turbulent Period

According to a recent study published in Humanities and Social Sciences Communications, the non-fungible token (NFT) market has shown remarkable resilience and relative independence from the volatile cryptocurrency market during periods of economic uncertainty. The research, which analyzed market data from January 2020 through April 2023, provides new insights into investor behavior during the COVID-19 pandemic and subsequent recovery period.

by Aaron Blake
Economy and Trading

UK Economy Shows Modest Growth in August GDP Report Amid Budget Preparations

The UK economy reportedly returned to growth in August with a modest 0.1% expansion, according to the latest GDP report. This comes as Chancellor Rachel Reeves prepares an autumn budget that may include higher taxes on wealthy individuals.

UK Economy Returns to Modest Growth in August

The UK economy reportedly showed signs of recovery in August with modest expansion, according to the latest gross domestic product report. Sources indicate the economy grew by 0.1% during the month, marking a slight improvement from July when the economy reportedly flatlined.

by Gabriel Novak
Economy and Trading

1970s Inflation Pattern Reemerges: What Investors Need to Know About Current Economic Parallels

Market strategists identify troubling inflation patterns resembling the 1970s era, with core PCE failing to return to Fed targets. Historical parallels suggest potential stagflation risks as energy prices and Fed independence concerns echo previous economic turmoil.

Financial markets are facing a potentially troubling development as inflation patterns emerge that bear striking resemblance to the dreaded 1970s era. According to Peter Corey, chief market strategist at Pave Financial, investors should closely examine the shape of the Federal Reserve‘s preferred inflation gauge compared to its behavior during the administrations of Presidents Nixon, Ford and Carter.

The 1970s Inflation Blueprint Repeating

by Gabriel Novak