How DeFi Hopes to Disrupt Traditional Finance

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Watch: Decentralized finance, or DeFi, aims to build a new, decentralized financial market for cryptocurrencies. But the opportunity for big gains comes with big risks.

rencies to everyone, with no middle men. But DeFi is still in its early stages, which means there are risks. WSJ explains. Photo illustration: Tammy Lian/WSJMarkets and economics are complex. It's easy to be overwhelmed by a sea of wonky indicators and lose track of why they matter. This series breaks down the basic terms and ideas that move the markets.In 2018 and 2019 during the U.S.

WSJ explains how purchasing managers can offer an early look at the direction of the economy.Cash is often viewed as a safe, but boring investment. But lately, it’s looking shinier than it has in a while. WSJ explains why investors are piling trillions into money market accounts, even as stocks reach new highs.Companies on the S&P 500 have poured more than $5.3 trillion into repurchasing their own shares since 2010.

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