Economy Archives - Compliancex

Goldman Sachs Sees the Metaverse as $8 Trillion Opportunity

Jack J. Kelly Economy, Goldman Sachs, Investment Banking, Metaverse January 25, 2022

Global investment bank Goldman Sachs has predicted that the metaverse could be an $8 trillion opportunity. Goldman Sachs’ analyst Eric Sheridan explained the bank’s metaverse prediction in a recent “Exchanges at Goldman Sachs” episode, titled “Understanding the metaverse and web 3.0.” He was asked ...Read More

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DeFi will provide good regulatory test for SEC, says Commissioner Peirce

Jack J. Kelly Economy, Regulators, SEC February 23, 2021

The SEC commissioner described the DeFi space as “a work in process” but overall “alluring.” Hester Peirce, the commissioner for the U.S. Securities and Exchange Commission known by the nickname “Crypto Mom,” welcomes the challenge of regulating decentralized finance. In a speech for a ...Read More

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Here’s the net worth of the average American family

Jack J. Kelly Economy, Employment, Futures February 22, 2021

Americans say, on average, that it takes a net worth of $2.27 million to be considered “wealthy,” according to a 2019 survey from Charles Schwab. Net worth means assets minus liabilities, so this is a picture of your total savings, including the value of your home, 401(k) and ...Read More

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