Download PDF Introduction The US airline industry, following two years of devastation and billions of dollars of losses due to the pandemic, appears to be springing back to life. Passenger numbers are returning to pre-pandemic levels and firms are starting to become profitable once again. More interestingly, airlines appear to Read more…
Download PDF Introduction Rising energy costs threatened to undermine economies just recovering from a two-year pandemic well before Russian tanks moved into Ukraine. As a result of Putin’s aggression, that threat may now come to fruition. Fueling the global economy, fossil fuels such as crude oil, diesel, and natural gas Read more…
Download PDF What Is a Supply Chain? A company’s supply chain comprises several suppliers that work together to create and deliver a particular product to the end-user. Different activities, people, organizations, information, and resources are all part of this network. The supply chain also refers to the stages of bringing Read more…
Lately, there has been increasing speculation regarding the results of the AQR (Asset Quality Review), which will be published by the ECB in about a month time. The AQR is a central part of the “comprehensive assessment” investigation that the ECB is leading on European banks balance sheets. Working in Read more…
Two days ago, during its regular policy meeting, the ECB left interest rates unchanged and Mario Draghi said the “council was comfortable acting next time.” He signaled that there was a unanimous belief that the current inflation rate of 0.7% is unacceptable. He also stated that the strength of the Read more…
[edmc id=1589] [/edmc] US Another volatile week for the markets and for the U.S. ended on Friday amid concerns over Russia. As was expected, Crimea voted for annexation to Russia on Sunday 16th and this led to further sanctions to a group of Russian wealthy individuals that rattled Russia’s economy Read more…
Pirelli has been under the spotlight since the beginning of the past week. The company, which is among the main players in the global tyre industry and leader in the high-end segment of the sector, has been characterised by a reorganisation of the shareholders structure. Rosneft, the biggest oil producer Read more…
[edmc id=1554][/edmc] U.S. At the end of a week dominated primarily by uncertainty, markets mostly closed in negative territory. Signs of the week that’s past can be clearly seen in the VIX index which has been on a constant hike path since the beginning of 2014. The VIX is seen Read more…
Let’s give a short insight to what has happened in the past months in Ukraine. For the second time in six years Mr. Putin has led his troops across an internationally recognized border, and it does look like the situation won’t be changing soon. All of this happened as a Read more…
[edmc id=1492][/edmc] US Positive data for the US economy has come out this week. Manufacturing PMI of February (53.2) showed a significant improvement with respect to January (51.3) and beat expectations of 52.0. The most interesting indicators, however, concern labour force. On February 175k new jobs were created in the Read more…
When we analysed luxury stocks, we stressed that the industry has faced a downturn, probably due to a kind of sector rotation. The same phenomenon has affected European banks and utilities in the opposite way. In this article, we focus on banks, proposing some ideas on how to trade them. Read more…
[edmc id=1406][/edmc] US The economy grew at a slower pace than it was first estimated. Indeed, the fourth quarter GDP growth estimate was revised down to 2.4%, in contrast with the initial estimation of 3.2%. This revision was attributed to lower consumer spending growth. As this data adds to a Read more…