Download PDF Technical analysis is often regarded with skepticism in academic finance. It is frequently associated with delusional day traders who attempt to extract signals from price charts, relying on patterns they believe can be visually identified in candlestick formations. Read more…
Download PDF Introduction One of the biggest concerns regarding participants in the market is volatility. Through the years there have been different ways to model volatility in the market, starting with Black-Scholes that assumes constant volatility. Multiple major models have Read more…
Download PDF Introduction Athleisure is the 21st century trend defined by the unique combination of athletic comfort and the fashion quotient of leisure apparel, creating a contemporary style of clothing. It mainly refers to apparel designed for athletic and fitness Read more…
Download PDF USA US capital markets opened the week lower due to tariff uncertainty. The Supreme Court on Friday 20th ruled Trump’s use of International Emergency Economic Power Act (IEEPA) to enforce tariffs as illegal. The ruling overall appeared to Read more…
Download PDF Introduction For some simply a winter activity, the skiing business is one of the most structurally interesting and unique operations in the global leisure industry. Geographical scarcity, high cyclicality, weather dependency and capital intensity have motivated the once Read more…
Download PDF Introduction Over the past decade, software became the number one business model for start-ups and the go-to solution for entrepreneurs chasing success. The asset-light business model characterized by recurring revenue and high operating leverage attracted investors from all Read more…
Download PDF USA Following Monday’s bank holiday, U.S. equities posted solid gains through the remainder of the week. The S&P 500 advanced 1.06%, while the NASDAQ Composite outperformed with a 1.37% increase. The Dow Jones Industrial Average rose more modestly Read more…
Download PDF Introduction “Let it grow, let it grow, let it grow” – The Lorax The fundamental idea behind every profit-seeking firm is to take an initial investment and multiply it. One of the first challenges any daring entrepreneur must Read more…
Download PDF Introduction Law firms are traditionally structured such that senior attorneys operate within a partnership, ensuring they “maintain independence of judgement” and protect against any conflicts of interest. This principle is codified in Model Rule 5.4 of the American Read more…
Download PDF Introduction Commodity-exporting currencies are structurally linked to the prices of their primary exports through the terms-of-trade channel. While this relationship holds in the long run, short-term dislocations frequently emerge due to monetary policy shifts, capital flows, and risk Read more…
Download PDF Introduction Japan’s general election on 8 February 2026 was the clearest political signal yet that the country is moving into a different macro regime from the one that defined the past two decades. Japan PM Takaichi achieved a Read more…
Download PDF Introduction Equity Capital Markets have suffered a prominent “drought” of IPOs in the past 3 years. In fact, IPO volume fell from 2,436 in 2021 to around 1,415 in 2022 and 1,298 in 2023, with global IPO proceeds Read more…
Download PDF Introduction The benefits of competition are supported by a strong economic literature and are clear to most market participants. In competitive markets, firms are forced to maintain low prices in order to gain market share or avoid being Read more…
Download PDF Introduction 2025 concluded with the resurgence of megadeals (transactions valued over $5bn), as encapsulated by headlines such as Netflix’s [NASDAQ: NFLX] $82.7bn bid for Warner Bros. Discovery [NASDAQ: WBD]. In contrast to Q4 2024, total deal value has Read more…
Download PDF Introduction In our monetary system, money markets play a crucial role in providing liquidity for financial players and are the fundamental basis of financial markets for all systemically important players. While other markets of our financial system are Read more…