1228 days ago
Will Asian tech lead the Nasdaq higher?
HSTECH closed higher than usual at the last day of trading. Asian tech stocks have remained strong in the past month, do they have the power to carry tech even higher?
1228 days ago
G4 banks a little behind the stock, we want the other way around
Source: Macrobond
1229 days ago
The real cost of Covid: exploding debt-to-gdp ratios
While the cost of the pandemic will only be truly known in years to come, Deutsche Bank's Jim Reid writes that "we can get some good early indications by looking at debt increases around the world." Looking at the latest debt report by the Institute of International Finance, which we profiled yesterday, the IIF suggested that global debt will hit $277 trillion (365%) by the end of 2020 up around $20 trillion over the year (just shy of the annual size of the US economy). Excluding financial debt (where there is double counting risk), global debt/GDP will go up by 35pp in 2020. The numbers are simply staggering, especially for the 5 nations at the top, which have all seen their debt increase by over 25% (in debt/GDP) terms in just the past year, with Canada's 70%+ increase a truly staggering number - According to Jim Reid: "There is no such thing as a free lunch and someone will have to pay. Whether it will be bondholders (negative returns) or tax payers, or a combination of the two, it will likely be a big story for beyond the euphoria year of 2021."source: Deutsche Bank, IIF
1231 days ago
The S&P500 Index's all time highs
They tend to occur in cluster and last a little more than a decade, seem like we're in one now, but how long can a star rise before it falls?
1231 days ago
Who LISTENED to their scientists for Covid-19 advice
The Swiss based journal Frontiers in Public Health had a look at over 25k researchers across the world. Here are the percentages for different countries, starting with the ones that listened the most carefully.
