RIGZ News and Press, Viridi Cleaner Energy Crypto-Mining & Semiconductor ETF From 10/18/22

Summary PPI and CPI numbers came out last week, and both were higher than expected. Fed officials are concerned about the persistence of high inflation, and a 0.75% key interest rate hike at the November FOMC meeting is virtually certain. Worldwide demand for crude oil naturally r...

Summary Major upgrades across smart contract platforms lay the groundwork for scaling blockspace availability without the $50 gas transactions that marked the last bull cycle. Smart contract platforms saw major protocol upgrades across multiple chains in September. These upgrades ...

Summary The tech-heavy Nasdaq Composite index relapsed and is back to where it was in July 2020. The massive valuation overshoot in the recent everything bubble – and hence the downside now – is hard to appreciate until quantified and compared historically. Last ...

Summary We contend that the open metaverse will eventually be loosely defined as any interactive, digital recreation or commerce that resembles either real–world or fantastical experiences, and is interoperable with bitcoin, stablecoins, or other digital assets. Interoperab...

Summary The problem with extreme swings in monetary policy is that they cause extreme swings in markets. After the initial surge in March 2020 at the onset of the pandemic, the Fed’s balance sheet rose by $120 billion per month for 1-½ years. QE can create market a...

Summary The semiconductor industry remains on constant watch. Although new risks have emerged, long–term opportunities remain as chips are crucial components for innovation. Several sectors have experienced significant disruption since the outbreak of COVID–19 began ...

Summary The main economic data release for the trading week is the US inflation report. The UK economy is in a precarious position and facing a recession. Chinese President Xi is expected to meet with Russian President Putin at the Shanghai Cooperation Organisation summit in U...

Summary The international trade of semiconductors is vital for Taiwan and important for Mainland China. Data show that there was reduced demand for semiconductors in August, which affected export growth in both economies. The future of trade in these two economies is not optim...

Summary The United States Bureau of Industry and Security formally announced the banning of four major semiconductor technologies for export in mid-August. In order to retain global leadership via military and defence systems such as satellites, aircraft, and missiles, a home-grow...

The Fed staked out its turf this week, telling lenders to notify it if they offer services for bitcoin and its ilk. Other agencies are also wrestling to oversee the $1 trillion market. The scrap provides an opportunity for some industry participants to capitalize on the regulatory...