NFT and scams

NFT and scams

Posted on April 18, 2022
Digital assets like cryptocurrencies and non-fungible tokens (NFTs) have gained popularity during the past few years. However, cryptocurrencies are widely known to be used in scams. But what about NFTs, do they offer any potential for fraudulent activities? 

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Santa Claus Rally

Santa Claus Rally

Posted on February 01, 2022
The Christmas holidays are over. However, we would like to think back to the holiday season and look at an interesting phenomenon. The stock prices tend to grow over the last weeks of December into the new year.

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Lockdowns, new virus variant and stocks

Lockdowns, new virus variant and stocks

Posted on December 05, 2021
November saw a surge in new COVID-19 cases in Europe and a growing fear of new lockdowns. Austria was the first western country that introduced a new lockdown. Furthermore, Austria has announced mandatory vaccination against COVID-19. The new restrictions came on November 19. That day, the Austrian stock exchange index (ATX) experienced its worst trading day in 2021 at that time, closing more than 3% lower. News about a novel variant of the coronavirus was yet to come.

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Cryptocurrency and fraud

Cryptocurrency and fraud

Posted on October 09, 2021
Cryptocurrencies are notorious for their use in illegal transactions. A month ago, the SEC issued an investor alert, noting that fraudsters continue to exploit the rising popularity of digital assets to lure retail investors into scams, often leading to devastating losses.

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Service activity in the US reached an all-time high in July

Service activity in the US reached an all-time high in July

Posted on August 11, 2021
The United States economy is on its way to recovery from the COVID-19 pandemic. GDP growth, historically highest number of job openings, decreasing unemployment, growth in corporate earnings all point to a revival. We have some more good news: one of the most trusted economic indicators in the United States reached an all-time high in July. We are talking about the ISM Services PMI.

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