Macro headwinds are expected to negatively impact equities and crypto markets for the remainder of 2023.
2023 has been a whipsaw year for investor sentiment and even though equities markets have defied expectations, a recentfrom ARK Invest highlights reasons why the remainder of 2023 could present several economic challenges.
In the newsletter, ARK cites several reasons for their less than optimistic scenario for cryptocurrencies, including interest rates, gross domestic product estimates, unemployment and inflation. One point is that the U.S. Federal Reserve is implementing a restrictive monetary policy for the first time since 2009, as indicated by the"Natural Rate of Interest."The"Natural Rate of Interest" is a theoretical rate at which the economy neither expands or contracts.
The analysts also focused on the divergence between real GDP and GDI . According to the report, GDP and GDI should closely align, as income earned should equal the value of goods and services produced.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
ARK Invest and 21Shares file with SEC for spot ether ETFArk Invest and 21shares have applied with the Securities and Exchange Commission for a spot ether ETF, according to a filing dated Sept. 6.
Read more »
Cathy Wood's ARK Invest Files for First Spot Ether ETFThe Ark 21Shares Ethereum ETF is the first attempt to list such a fund in the U.S. that directly invests in ETH, the second largest cryptocurrency by market capitalization.
Read more »
Ark Invest pioneers Spot ETH ETF filings after SEC delayed its spot BTC ETF applicationArk Invest and 21Shares have filed for spot Ether Exchange-Traded Funds (ETF), barely two weeks after submitting two joint Ethereum futures ETF and ju
Read more »
Following SEC delays, ARK Invest and 21Shares file for spot Ether ETFThe U.S. Securities and Exchange Commission has another spot crypto exchange-traded fund to consider, as ARK Invest and 21Shares propose a spot investment vehicle linked to Ether.
Read more »
PayPal's PYUSD Represents Beginning of Stablecoin Evolution: Ex-ARK Invest Crypto LeadPayPal stablecoin PYUSD is just tip of iceberg, says Chris Burniske
Read more »
Cathie Wood's ARK Invest Files for First Spot Ether ETF; The Tokenized Asset Coalition LaunchesThe Tokenized Asset Coalition launches today with a plan to bring the next trillion dollars of assets on-chain. Credix founder and CEO Thomas Bohner joins Centrifuge Head of Growth Colin Cunningham on 'First Mover' to talk about the launch. Victoria Bills, Banrion Capital Management Chief Investment Strategist, takes a look at the markets as Cathie Wood's ARK Invest files for the first spot ether ETF. Plus, Carbonbase CEO Max Song on launching a digital carbon registry.
Read more »