How a man bent two central banks in one day

How a man bent two central banks in one day

Markets
Throughout the course of history, only a few men have been able to unsettle entire governments through their actions: George Soros stands as one of them. George Soros was born on August 12, 1930, in Budapest, to a family of Jewish origin. During the Nazi occupation of Hungary, Soros and his family managed to survive by changing their surname from Schwartz to Soros in 1936, due to increasing anti-Semitism. After the end of World War II, in 1947, Soros emigrated to the United Kingdom to avoid the new pro-Soviet regime established in Hungary. In the UK, Soros pursued his education at the LSE (London School of Economics) and earned a Master’s degree in Philosophy. He gained experience working in several commercial banks in London before launching his first hedge fund,…
Read More
Decoding Economic Trends in 2024: A first look

Decoding Economic Trends in 2024: A first look

Markets
As the global stage ushers in 2024, the economic landscape navigates through a nuanced tapestry of challenges, including inflationary pressures, geopolitical intricacies, and persistent market volatility. This article aims to not only dissect but delve deeper into the significant trends shaping the financial terrain, offering heightened insights to guide investors with prudence as their compass. Evolving Monetary Landscape and Inflation Dynamics The forthcoming year is poised to signal a pivotal departure from the restrictive monetary policies of major developed nations. Analysts anticipate a strategic shift toward interest rate adjustments, marking the inception of a potential "soft landing" after a prolonged period of rate hikes. The market sentiment reflects skepticism towards the "higher-for-longer" theory, with bets against central banks maintaining borrowing costs at restrictive levels. Both the US Federal Reserve and…
Read More
SANTA CLAUS RALLY

SANTA CLAUS RALLY

Markets
Beyond the Joyeuse Christmas celebrations, the holiday season casts a notable influence on financial markets and trends. In this article we shall delve into the intricate relationship between holidays and financial dynamics. The Santa Claus Rally is the tendency of the stock market to increase during the Christmas season. Hypotheses include increased holiday shopping and institutional investors balancing their portfolios ahead of holiday leave. It is important to take into consideration that the Santa Claus Rally may also be random and does not imply any future guarantees. Yale Hirsch, the founder of the Stock Trader’s Almanac, discovered and coined the "Santa Claus Rally" in 1972. The Stock Trader’s Almanac compiled data examining the period from 1952 through 1971 and showed that a Santa Claus rally occurred 17 times out of…
Read More
The automotive market and the shift towards Electric Vehicles

The automotive market and the shift towards Electric Vehicles

Markets
The automotive industry, a business sector involving the design, production, marketing, and sale of automobiles; has been an important contributor to the European economy in terms of economic growth, innovation, and prosperity for decades. It accounts for almost 7 percent of the region’s GDP and is both directly and indirectly responsible for employing almost 14 million people. However, this status quo has recently been challenged as the industry is experiencing profound innovations such as the advent of electric vehicles (EVs), smart technologies, and globalized supply chains. In fact, from a market initially characterized by traditional manufacturing practices and internal combustion engine dominance, the industry has witnessed a paradigm shift towards innovation, sustainability, and advanced technologies. This dynamic has opened the doors for new competitors both in Europe and internationally. Notably,…
Read More
The Impact of AI on the Global and Financial Markets

The Impact of AI on the Global and Financial Markets

Markets
Humans have been fascinated by the possibility of creating machines capable of simulating the human brain. The term “artificial intelligence” was coined in 1955 by John McCarthy, who, along with other scientists, organised the 'Dartmouth Summer Research Project on Artificial Intelligence' in 1956. This event led to the creation of machine learning, deep learning, predictive analysis, and, more recently, prescriptive analysis. Furthermore, it gave rise to a completely new field of study, namely data science. Today, artificial intelligence forms the basis of all computer learning technologies and represents the future of all complex decision-making processes. Artificial intelligence is the ability of a machine to display human capabilities such as reasoning, learning, planning and creativity. It allows systems to understand their environment, relate to what they perceive, solve problems and act…
Read More
The new millennium’s crises: 2001 vs 2009

The new millennium’s crises: 2001 vs 2009

Markets
The increase in interest rates, inflation and the consequent stagnation of the economy are all current issues, which, especially in this period of economic slowdown, causes concern. It is not the first time that the world economy has experienced a period of recession: there are numerous cases in economic history. This article will focus on the two crises of the new millennium: the 2001 and 2008 crises, also known as the Dot-Com bubble burst recession and the Great Recession. The former, the Dot-Com bubble crisis, is a stock market phenomenon that took place in the late 90s, was fueled by the rise of internet-based businesses identifiable by their ".com" domain addresses. The start of the New Economy began when Netscape, a company that introduced the first commercial web browsers, went…
Read More