
Market Rally: What Will Come Next?; IMF wants global digital currency platform
1 Video View·Jun 21, 2023
The S&P 500 has rallied 15% year-to-date. The index ended on Friday at 4,409 up 23% from its October lows. Some worry stocks are already getting overheated, while other seem more room on the upside.
The International Monetary Fund is working on a platform for central bank digital currencies to enable transactions between countries. The IMF wants central banks to agree on a common regulatory framework for digital currencies that will allow global interoperability.
