Digital Payments are transactions that take place via digital or online modes, with no physical exchange of money involved. The Digital Payments concept includes major US-listed companies that offer electronic and cashless means of payments.
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"Black Swan Fund" founder: US stocks, gold, and digital currency may experience a flash crash, timing will be before the end of the year.
Spitznagel predicts that by the end of this year, the global market may suffer an "impact" due to economic slowdown. The Fed's lowering of borrowing costs should make investors concerned and consider more about the trend of stock prices next year. Bonds may be a safe haven.