Feb 16 2021 @ 02:46
Slowly but steadily the global economy is recovering from the pandemic slump, global economic activity is growing and output is expected to expand around 4 percent in 2021 but still remain more than 5 percent below pre-pandemic projections. As an increasing number of people in the United States are returning to normal life, starting to […]
Feb 10 2021 @ 02:20
Slowly but steadily global economy is recovering from the Covid-19 crisis. Vaccination campaigns are gaining traction all over the world, meanwhile, new cases seem to be slowing down. Additionally, Democrats are getting closer to passing a $1.9 trillion relief package. In this context, US stocks extend record highs, Bond yields grow and oil climbs above […]
Feb 01 2021 @ 03:51
Without a doubt, one of the most significant events of the past week was the battle between WallStreetBets and Wall Street. Long story short, an army of traders from Reddit pumped GameStop’s stock price in a matter of days, triggering halts in trading and causing serious problems for the short-sellers betting against it. However, short-sellers […]
Jan 25 2021 @ 02:18
One of the most important events of the past week was the transfer of power from Donald Trump to Joe Biden. Does it mean that ex-President has finally acknowledged his defeat and in few weeks we will forget about him? Not so fast. The 45th president yet has to face the second impeachment trial, which […]
Jan 20 2021 @ 02:40
Recently, the World Bank has updated its forecast on the global economy, which is expected to expand around 4% in 2021. Some may think that this number could be over-optimistic considering new lockdowns in not only Europe but China also. On the other hand, central banks continue to approve new stimulus measures, or at least […]
Jan 11 2021 @ 03:16
Without any doubt, the most important event of the past week was the permanent suspension of @realDonaldTrump. It reminds me of Trump’s Favorite Phrase: ‘You’re Fired’. Of course, that’s a joke, but how many talks on the internet… Either way, it looks like even the President of the USA is not endowed with Freedom of […]
Dec 29 2020 @ 03:51
Every week tens of events happen that affect our well-being. In this context, economists, financiers, and analysts try to predict the impact of them, possible risks, and, most importantly, what is going to happen. Despite Christmas, last week was rich in news and announcements. On Tuesday, the U.K. has identified a new variant of the […]
Dec 21 2020 @ 03:56
There are tons of indicators, “experts” and gurus on the markets that every day/week/month share their forecasts. The only problem is that if they were sure about the future most probably they would bet everything they have that things will go this way and not that. Some could say it does not happen because of […]
Dec 14 2020 @ 03:00
One of the most important events of the last week was Vaccines and Related Biological Products Advisory Committee Meeting where FDA gave green light to the Pfizer vaccine. Long story short, the U.S. Food and Drug Administration has informed the sponsor that it will rapidly work toward finalization and issuance of an emergency use authorization. […]
Dec 09 2020 @ 03:21
Many believe that one of the most important events taking place in December will be the Brexit resolution or a new stimulus package by the Fed and ECB, whereas others keep their eye on one of the most long-awaited IPO in this decade – Abnb stock‘s stock market debut. Rumors about it have been floating […]