economy
Those in the know know the disconnect between the economy and the volatile stock market; discover the reality about this complex relationship.
Why is there a market rebound going on?
The last couple of months have been a turmoil in the US economy. Due to novel coronavirus pandemic which has forced the whole world to close down a lot of businesses have suffered incredible financial losses. The United States in particular with the highest infection rate in the whole world having 5 million infected individuals and almost 160,000 deceased. It is no surprise that the economy would start crumbling. While Trump’s administration decided to open up the country, the progress is still halted by the increasing infection rate.
By Giorgi Mikhelidze6 years ago in Trader
European countries pay the most alcohol tax globally
Tax is a fact of life. Whether you’re a business accountant dealing with online invoice requests or a customer making a single purchase in a shop, tax is an integral part of our economy that everyone is aware of.
By James Patefield6 years ago in Trader
GOLD BULLION, THE US-CHINA CONFLICT, COVID, AND RUSSIA
In January, progress on the US-China trade deal seemed to calm the trade war between the two countries. However, everything changed when the coronavirus emerged. Since the beginning of the pandemic, demand—and resultant spot price for silver and gold—reached new highs. The stock market fell and rose several times in the hopes and doubts for a vaccine. Although politics and gold bullion might not seem to have much in common, the gold price is inherently tied to political events. After all, it is deemed a safe-haven metal for a reason. So how do current events affect the 9-year high gold price?
By Jacob Wolinsky6 years ago in Trader
The Impact of COVID-19 on Investment Banking Industry
From retail (the worst hit) to manufacturing, the worldwide lockdown to prevent the spread of coronavirus, every industry is hit badly. The investment bank industry felt its share of jerks too. After the unprecedented situation, the industry’s dynamics have changed and a few shifts to recover and adapt to the present times and prepare for the future are underway.
By Pradip Mohapatra6 years ago in Trader
GREENSILL, SOFTBANK AND COOKING THE BOOKS
This month’s blog is a little different — it’s co-written with my friend Marc Rubinstein. Marc is a highly talented analyst, ex Lansdowne Partners anmd writes a terrific blog on banks and financials which you should definitely subscribe to. Marc also is the tutor on our Banks Sector Course. In this blog, where he did all the hard work and write some more elegant prose than is customary in tehse pages, we take a look at Greensill, on paper one of the most valuable fintechs in Europe. What a story! It’s got it all: a Softbank angle, a BaFin angle (remember Wirecard last week?), a human interest angle (farmer turns billionaire) an element of financial engineering, and of course an accounting red flag issue.
By Jacob Wolinsky6 years ago in Trader
Seizing the Economy
Many economists have created theories to understand the movement and volume of the economy. The economy is the nervous system of the government. There are so many factors that determine its consistency such as the job market, housing market, educational training, and governmental assistance. Jobs market determines the number of people that are employed, employment means to increase revenue and longevity for the economy creating a continual cycle. The housing market determines the rate that properties are invested and is the greatest taxation for the government creating higher and stable yield overtime. Educational training is the state of our educational system filled with successes of paying loans and students receiving qualified jobs that they work long-term. Our economy is multi-dimensional. And there is no better time than to learn the influences on the economy to make educated life choices.
By Distinguished Honorary Alumni Dr. Matthew Primous6 years ago in Trader
Tesla Skyrockets On Delivery News
Tesla stock skyrocketed yet again after the company's Q2 deliveries smashed consensus estimates. Tesla said it delivered 90,650 vehicles during the second quarter, representing a 28.9% beat over the consensus Q2 deliveries number of 70,328.
By Jacob Wolinsky6 years ago in Trader
Corona Virus Affecting Businesses Worldwide
COVID-19 commonly known as Corona Virus has been a black swan for businesses and companies all around the world. 2020 has been a great shock for investors as they did not expect a pandemic like this which will disrupt the world economy just in a matter of weeks. Even now the investors could not mark what their future will look like and it is causing extreme fear.
By Nidhi Kumari6 years ago in Trader
