Source: Dreamstime | Creator: Justlight
Reading time: 6 minutes
While in 2020 people dabbled in collecting and investing in cards, toys and wine, in 2021 a new trend appeared in the collectors’ world – NFTs.
Category Archives: Market trends
Mass Vaccination: How Close Are We to Ending the Pandemic in 2021?
Source: Dreamstime
Reading time: 8 minutes
Sixty-two per cent. Ninety-four point five per cent. Ninety-seven per cent. In recent months, the released data on the high efficacy rates and the approval of several vaccines has sparked hope that the repressive reign of SARS-CoV-2 is about to end sooner than expected.
But is this really the case or do we still have a long way to go until we beat the pandemic?
How Will the “Blue Wave” Affect the Markets?
Source: Dreamstime
Reading time: 5 minutes
As with most other significant political events, the elections for president and those for members of the Congress in the USA also have an impact on the financial markets, and it is quite significant.
After the final confirmation of Joe Biden as the next U.S. president and the winning of a senate seat at the runoffs in Georgia, the Democratic party now practically controls both the White House and the Congress.
Bulgaria and the Еuro Аrea: Everything You Need to Know About the Country’s Entry into the ERM II
Source: Pexels
Reading time: eight minutes
On July 10, Bulgaria and Croatia were officially welcomed into the ERM II—the European Union’s Exchange Rate Mechanism. If you are wondering what makes this event so important, how the ERM II works in practice, and what are the benefits of adopting the euro as a national currency, keep on reading.
Leading U.S. Banks Set Aside Billions for Rainy Days and Project the Worst Is Yet to Come
Source: Pixabay | Owner: Maklay62
Reading time: four minutes
Last Tuesday, 13.07, three of the biggest banks in the United States—JPMorgan Chase & Co, Wells Fargo & Co and Citigroup Inc—set aside a grand total of $28 billion to prepare for potential defaults on loans expected to rain from both individual and corporate clients. According to Bloomberg, the last time such an amount of money was set aside to deal with bad loans was during the Great Recession of 2008.
Is a V-shaped Economic Recovery Still a Possibility?
Source: Pixabay | Owner: MasterTux
Reading time: six minutes
The world has entered the second half of 2020 just as troubled (if not more so) as it did in the first half. And as financial forecasts grow grimmer by the day, one thing is starting to become painfully clear to all—we might not see a full recovery in 2020, and even one happening in 2021 would depend on a lot going right.