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NFTs taking over the music industry from Spotify, US inflation soaring to double-digit rates, and women traders banding together to put an epic squeeze on «patriarch companies» are among Saxo Bank's outrageous market predictions for 2022.
The Danish asset manager's annual list has a theme of revolution this year and includes some far-fetched scenarios as well as more plausible ones.
«As culture wars rage across the world, it's no longer a question of if we get a socioeconomic revolution, but a question of when and how,» Saxo Bank said.
Among its 10 predictions:
Spotify stock slide
A revolution in the music industry may take hold as more musicians embrace NFTs, or non-fungible tokens, to sell their songs, a move that
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