As stock investors consider the economic devastation of the pandemic, the human loss and the market’s relentless and bewildering climb, they are faced with conflicting emotions.
On the one hand, their portfolio is putting up some impressive returns. On the other, they are left to wonder what lies around the corner.
The emergence of Blockchain technology to exchange or transfer anything of value and the use of it as an information repository is undeniable. It could be the technology not just behind financial transactions, but all transactions.
The current Covid situation seems grim from a human aspect. Putting that aside, as much as we don’t want to, the impact of this second wave is likely to be limited. What the markets have learned from all the previous waves, all across the globe is that much of the economic impact is temporary.
Behavioural finance is a fascinating subject to study in relation to the markets. As they say, if you loose on the markets, it is not the markets that are losing, it is your behaviour that makes you loose.
Most people familiar with the blockchain know it as the underlying technology of cryptocurrencies. That’s true… The blockchain’s main use has been to record crypto transactions. But that’s not the only thing it’s capable of.