MasterCard is a filing for a trademark. They're going to have some sort of crypto secure product coming out. Reebok has also done the same thing. Adidas and Nike have made their wearables. Reebok is getting into the Metaverse, and they're going to have some sort of NFT, virtual footwear stuff as well.
Every week we talk about inflation calming down. This week there is a hint that maybe December’s interest hike might only be a 50 basis point move as opposed to the expected 75 basis point move. This is why you’ll hear markets “cheer, everything is still going up. They're seeing an end in sight to these interest hikes. This is important because if one can reasonably assume the interest rate peak is going to be in February, then they can start deploying their funds accordingly.
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