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Barclays expects the Federal Reserve to cut interest rates by 25 basis points in March, June and September 2026, respectively.On May 13, Bank of Americas monthly survey of global fund managers showed that investors pessimism about global economic growth in May eased. A net 59% of investors expect global economic growth to slow, down from 82% in April. A net 1% believe a recession is likely, a sharp drop from 42% in April. The current consensus among investors is a soft landing, where inflation falls without the economy slowing down significantly or falling into recession. This month, 61% of investors expect this outcome, up from 37% in April. Expectations for a hard landing have dropped to 26% from 49% in April.U.S. Trade Representative Greer said, "We are working as quickly as possible to reach a trade agreement. The United States does not rely on any trading partner for key goods. A global tariff of 10% is a powerful driving force for reducing deficits." Analysts at the financial website Forexlive believe that everyone should now be clear that the ultimate goal is to achieve a global average tariff rate of 10%. This should reduce overall uncertainty.UnitedHealth Group Inc (UNH.N) fell 10% in premarket trading after the company suspended its 2025 outlook.May 13th, Bank of Americas May global fund manager survey showed that investors believe that gold is overvalued to the highest degree since data was available in May 2008. Bank of America said that 45% of investors believe that gold is overvalued, up from 34% in April.

Cryptoverse: Let’s talk about DEX, baby

Skylar Shaw

Nov 23, 2022 16:00

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Since Sam Bankman-FTX, Fried's a significant centralized crypto exchange, abruptly collapsed, conventional bankers and investors have been calling for increased regulation.


On the other hand, some cryptocurrency players are emulating the original crypto vision of Satoshi Nakamoto, the person who created Bitcoin, by bypassing the financial middlemen and turning to decentralized exchanges, where traders transact peer-to-peer on the blockchain.


According to statistics from market tracker DeFi Llama, on Nov. 10, as FTX collapsed, overall daily trading volumes on DEXs, including the likes of Uniswap, jumped as high as $12 billion, their biggest level since May. However, gains have since been reversed.


According to CryptoCompare, four days later, November volumes had eclipsed the entire previous month.


In the meantime, CryptoCompare data reveals that weekly bitcoin flows from controlled exchanges, or CEXs, saw their largest-ever net outflow, with 97,805 currency moving off platforms in the seven days leading up to Nov. 13.


According to Varun Kumar, CEO of the decentralized cryptocurrency exchange Hashflow, "it is now obvious that there can be risk involved with retaining assets in a centralized company." According to data, customers are increasingly using decentralized trading platforms.


However, DEXs may not always be safer than their centralized competitors, and unskilled investors may be exposed to significant risks.


Instead of routing money through a middleman or centralized authority, users can exchange tokens directly amongst each other using blockchain-based smart contracts.


As a result, just like other decentralized finance (DeFi) or Web3 systems, there is no central authority and, for better or worse, investors are in charge of their transactions, settlements, and coin or token storage.


When compared to traditional exchanges on Wall Street, CEXs like Coinbase, Binance, and FTX operate as the middleman in transactions, making trading easier for novice investors in particular. CEXs also occasionally provide coin custody services, as did FTX.


Many centralized players have also worked to build user confidence by more transparent policies including providing evidence of their reserves.


Requests for comment from Coinbase, Binance, and FTX were not immediately fulfilled.


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