Igor Kuchma

Although Biden’s infrastructure bill hasn’t been approved yet, the rate of increase in the consumer price index has already reached highs of 2008. This could be mainly contributed to the economic recovery, energy crisis, supply chain disruptions, as well as chip and labor shortages. While understanding that inflationary pressures will not disappear any time soon, […]

One of the biggest surprises last week was the decision by the Central Bank of Turkey to lower the key interest rate by 200 basis points from 18% to 16%. As it couldn’t be any other way, the second in a row rate cut disappointed investor expectations and immediately caused the Turkish lira to fall […]

Earlier this year one of the biggest risks for the global economy was the appearance of new variants of coronavirus. Today, in turn, markets are mainly scared of inflationary pressures that are exacerbated by the energy crisis, bottlenecks and the labor shortage that affects companies throughout the developed world. According to the International Monetary Fund, […]

During the month of September, the market was cautiously following the situation around the US debt ceiling, the energy crisis, growing geopolitical tensions, as well as the default fears of one of the largest real estate developers in China, Evergrande. Unexpectedly, the first week of October brought clarity to the vast majority of these topics. […]

Time flies like an arrow. It feels like the year just started but we are already in the fourth quarter. The question then should be asked – how 2021 will end? The clue might be in the new earnings season that is about to begin in Europe and the US. Considering recent supply chain bottlenecks, […]

Last week was dominated by the meetings of the FOMC, BOE, and CBRT, the tension around one of the largest real estate developers in China, the elections in Germany, the updated growth forecasts by the OECD, as well as the energy crisis in Europe. Despite the eventful week, the S&P 500 VIX volatility index fell […]

Over the past year, markets did nothing but go up steadily reaching new all-time highs practically all over the world. The only problem was that QE programs and historically low interest rates created this bonanza and not by fundamental factors. Thus, it becomes clear that eventually the party should have ended. The only question was […]

It was a bumpy week for the financial markets. First thing first, the latest data shows that the coronavirus pandemic is far from over. This time an outbreak occurred in the southeastern province of Fujian, China. According to local authorities, 43 transmitted cases were found since Friday and put 32 asymptomatic carriers under medical observation. […]

According to WHO currently more than 55 million people live with dementia worldwide, and there are nearly 10 million new cases every year. It is forecasted that as the population ages, the number of people living with dementia will approach 150 million in thirty years. Now there are medications that can alleviate the course of […]

As expected, the Fed’s annual symposium in Jackson Hole brought nothing new to light. Federal Reserve Chairman Jerome Powell simply indicated that the US central bank could begin to reduce its massive support for the economy by the end of the year, not as quickly as many in the market had assumed. Along with this, […]