Download PDF Time of writing: Thursday 24, February 2022 Introduction On Thursday, Russia launched a massive attack on Ukraine, spurring talks that an armed conflict might be about to start in eastern Europe. In this article, we pitch a directional global macro trade based on the currently unfolding scenarios, after Read more…
Download PDF Investors tend to overgeneralize about bear markets and speak of them as if they were a homogenous group in which experiences have been largely similar. The triggers, timing and profile of recovery vary significantly, and bear markets come in many shapes and sizes. That said, despite the differences Read more…
Download PDF In this inaugural series of articles we will cover the basics and key trends of both major and lesser known industries to help the reader navigate the increasing complexity of the finance world. We will start with an overview of the broader industry and dig deeper to understand Read more…
Download PDF Sony’s acquisition of Bungie Less than 15 days after Microsoft dropped the news of an imminent $75bn acquisition of Activision Blizzard, tech giant and main Microsoft competitor Sony announced on the 31st of January its plan to acquire video game developer Bungie for $3.6bn. While the two deals Read more…
Download PDF Introduction One of the most basic tools used by traders to manage risk is a simple order given to a machine, the stop-loss order. Despite being accessible to all retail traders through their online brokers, it is often neglected or misused. In the first part of this article Read more…
Download PDF USA Equities markets dropped for a second consecutive week following continued angst of a Russian invasion of Ukraine. Shelling in the border region prompted fears that Russia was fishing for a pretext for war and was exacerbated by U.S. President Joe Biden’s remarks that he is convinced that Read more…
Download PDF On the 7th of February 2022 two ultra-low-cost carriers, Spirit and Frontier Airlines, announced a definitive merger valued at $2.9bn that will create the most competitive budget airline, rivaling giants like American, Delta, United and Southwest. This deal takes place in a time where airlines have to contend Read more…
Download PDF One topic has dominated the financial news recently: tech-stocks falling out of favor with investors. The pandemic-era dominance of tech has come to an end, with US value stocks outperforming growth by around 10% year to date. Most tech-stocks have collapsed over the last 3 months, with the Read more…
Download PDF Over the last few decades, the overnight and intraday returns of the American market exhibit strange behavior, considering that the highest share of returns accrue in the after-hours trading and not during the day, as most would have expected. Indeed, a good visualization of the phenomenon is shown Read more…
Download PDF Introduction By now, everyone, even with only a slight interest in the financial world, has heard or read of the terms Quantitative Easing (QE) and Quantitative Tightening (QT). If on one side the first one, combined with fiscal stimulus, was more than necessary for the world economy to Read more…
Download PDF Introduction When the very first game machine was presented at the New York World’s Fair in 1940, very few people would have betted on gaming becoming the $180bn monster industry it is today. Expected to reach a value of $314bn by 2027, registering a CAGR of 9% over Read more…
Download PDF Welcome back from the winter break! We hope you had a wonderful time with your beloved ones and please, do not worry if you missed the most significant recent deals, BSIC will introduce them to you! TMT Microsoft’s acquisition of video game maker Activision Blizzard Deal Value: $68.7bn| Read more…
Download PDF USA This week, the selloff in US equities, especially growth stocks continued. The most decisive event this week was the publication of inflation numbers this Thursday, which swung all indices but the S&P 500 Value Index into red territory after having started out the week with slight gains. Read more…
Download PDF You might have heard of Decentralized Finance, or DeFi for short, in the news lately. It is a part of the broad blockchain ecosystem that has taken the world by storm in the last couple of years. But what is DeFi, and what opportunities does it present? This Read more…
Download PDF Introduction Pairs Trading is a well known and one of the earliest statistical arbitrage trading methods. This article will present two rather simple pairs trading strategies, namely the Distance and Cointegration Method and discuss their levels of profitability over time and in the present day. Intuitively, pairs trading Read more…