Will the Fed engineer a soft landing? Perhaps the most important economic question facing our time, economists are in wide disagreement as to whether or not the Fed can avoid a recession or worse stagflation, especially given that Q1 US GDP numbers were negative. Markets initially reacted positively to Powell’s press conference, bouncing due to oversold conditions, but the next day all gains were reversed! Friday was a further bloodbath for tech stonks, marking the 5th consecutive week of losses for the Nasdaq, the longest losing streak since 2012.
The world doesn’t just revolve around the stock market, however. We are becoming increasingly decentralized, even if globalization is on a temporary hiatus thanks to Covid. In this week’s DDIntel
, we highlight two articles focused on the blockchain universe - Infrastructure is the key that unlocks decentralization, and how are smart contracts executed in the hyperledger?
Read more to find out about how The Graph is the backbone of web3, and if you want to show off at your next cocktail party, be sure to quote from Toby Kiernan’s excellent introductory article on smart contracts.
Have you heard of the concept of fat tails regarding options pricing? While a complex topic, data scientist Mark Jamison breaks down just what it means in simple terms; well, that is assuming you’re not afraid of a little Python.
This wouldn’t be a DDIntel if someone weren’t predicting BTC to the moon! Check out Ilona’s article When Bitcoin will get to $100k. Could Cathie Wood be right that bitcoin will hit $1M by 2030?!?
Finally, let’s talk about vacations. We could all use one, right? Well, if you are so inclined, check out 8 Dangerous Holiday Destinations. But if you want to make money instead, find out how you might be able to make a 160% return on… that’s right: vacation rentals. Some will vacation, while others will profit. Who will you be?
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