Igor Kuchma

Over the past year, markets did nothing but go up steadily reaching new all-time highs practically all over the world. The only problem was that QE programs and historically low interest rates created this bonanza and not by fundamental factors. Thus, it becomes clear that eventually the party should have ended. The only question was […]

It was a bumpy week for the financial markets. First thing first, the latest data shows that the coronavirus pandemic is far from over. This time an outbreak occurred in the southeastern province of Fujian, China. According to local authorities, 43 transmitted cases were found since Friday and put 32 asymptomatic carriers under medical observation. […]

According to WHO currently more than 55 million people live with dementia worldwide, and there are nearly 10 million new cases every year. It is forecasted that as the population ages, the number of people living with dementia will approach 150 million in thirty years. Now there are medications that can alleviate the course of […]

As expected, the Fed’s annual symposium in Jackson Hole brought nothing new to light. Federal Reserve Chairman Jerome Powell simply indicated that the US central bank could begin to reduce its massive support for the economy by the end of the year, not as quickly as many in the market had assumed. Along with this, […]

In the gambling industry, there’s one important thing one should always keep in mind: The house always comes out the winner in the end because casinos are businesses. It is simply a matter of survival, if they don’t turn a profit then what is this all been about? The only problem is that when the […]

Since the Federal Reserve cut rates to zero and launched massive quantitative easing program markets did nothing but go up. Even now, in the midst of spiking Delta variant cases, the U.S. stock market continues to trade in record territory. What’s more, the vast majority of fund managers expect the rally to continue. For instance, […]

Despite growing concerns about the spread of the Delta variant of coronavirus, major global stock indices ended the week near all-time highs. Such a high level of optimism on behalf of investors could be attributed to an astonishing second-quarter earnings season and good macroeconomic data. In the latter case, it should be mentioned that in […]

Another round of volatility we have seen last week was mainly caused by a series of events, among which we highlight greater regulatory pressures from the Government and the Chinese regulator, the meeting of the US Federal Reserve and the publication of results of the tech giants. In the first case, China’s decision to reform […]

Even before the coronavirus pandemic, several credit rating agencies pointed out the severity of China’s corporate debt problem. In particular, at the end of 2019, Fitch noted that Chinese companies set a record for the number of yuan-denominated bond defaults. The share of issuers that announced their inability to pay off debts amounted to 4.9%, […]

As the global economy continues to recover from the catastrophic consequences of the coronavirus, the jewelry market sees a surge in demand all over the world. Thanks to a shortage of supply, travel restrictions, anti-smuggling, and anti-money laundering initiatives initiated by the Chinese government, in the first 6 months of 2021, diamond transactions on the […]