Affordable EVs: The Role of Sodium-Ion Batteries in Reducing Car Production Costs
In 2023, the European Union (EU) produced approximately 12.1 million passenger cars, marking an 11.3% increase from the previous year. (Acea auto) This growth reflects a recovery from recent supply chain disruptions and underscores the automotive sector’s resilience. The automotive…
The Necessity of a Capital Markets Union and Financial Integration in the Eurozone
The UK financial industry in 2023 through LSEG post-trade clearing LCH, has cleared record volumes in Euro Derivatives contracts as follows: EUR IRS (Euribor) volume €51 trillion in 2023 and €50.9 trillion in 2022, EUR OIS volume €116.6 trillion in…
Government Wage Shocks: A Fiscal Trap with Long-Term Consequences
The question of how governments should deploy fiscal tools to stimulate economic growth or address crises has long been debated. Among the arsenal of fiscal policies, government wage shocks—significant increases in public sector wages—stand out as one of the least…
Econometrics research of CPIH Volatility Inference with Interest Rate Volatility
The British economy, as well as many other developed economies, has structural inflation issues that are not correlated to wages, quite the opposite, average annual incomes in the past 34 years haven’t kept pace with inflation, making real income unable…
Why Ukraine needs a change of leadership for anybody else willing to diplomatic negotiations to save Ukranians lives
The ongoing war in Ukraine has gripped Europe and the world, not only because of the immense suffering it has caused but also due to its potential to escalate into a larger conflict. At the heart of this crisis lies…
The many good reasons for the European Union to propose the UK joining back Europe
The United Kingdom’s withdrawal from the European Union (EU) has proven to be one of the most consequential political and economic shifts of the 21st century. As the UK grapples with persistent economic challenges, strained diplomatic relations, and geopolitical uncertainties,…
Private Sector Social Contributions Shocks and lagged macro-economy effects
Shocks affecting disposable income of households, Three fiscal shocks crucially affect the disposable income of households. These shocks are associated with direct taxes paid by households, social contributions paid by households and social benefits received by households (i.e. social transfers…
Unmasking the Far-Right Fascism: How the European Union Covers Authoritarianism and Human Rights Abuses Across Europe
The European Union (EU), founded on the principles of democracy, human rights, and the rule of law, has long been celebrated as a beacon of progress and unity. However, the resurgence of far-right extremism across its member states has exposed…
Consumerism and Commodification of Human Beings, what Gunther Anders taught us with his work “The Obsolescence of Mankind”
“Indem wir lernen, die Dinge zu benutzen und wegzuwerfen, lernen wir, Menschen ebenso zu behandeln.” “By learning to use and throw away things, we learn to treat people in the same way.” Günther Anders, a German-Austrian philosopher, is renowned for…
FTSEMIB timeseries volatility study and -26% volatility risk scenario
An extensive time-series analysis has been carried over the FTSEMIB to gather statistical parameters and analyse the FTSEMIB daily and cumulative returns volatility patterns. The FTSE MIB chart has already been drifting in a sideways pattern after a BollingerBand technical…
Why NewsCorp shares are overvalued
A Media Conglomerate of Global Disinformation and illegal unethical practices, with a weak balance sheet and shrinking operating margins, is more preoccupied with pursuing an agenda of spreading disinformation and politically biased activism which are a constant undermining of Democracy…
Global car industry recession will also strike EVs producers as Tesla
The wider global car industry slow-down and manufacturing recession will inevitably impact also Tesla’s revenues in the main business of car sales and leasing, considering its very high stock price valuation and stock financial ratios, these need to be a…
Tokamak: the Holy Grail of Energy
Nuclear fusion, the process that powers the Sun, has long been considered the “holy grail” of energy production due to its potential to provide a virtually limitless, clean, and safe source of power. The Tokamak, a type of magnetic confinement…
UK GILT yield curve at risk of sustained higher volatility
From a technical standpoint, the bond market reaction function to the Autumn Budget 2024 has been similar to the mini-budget 2022, indeed making the 10Y GILT yield increase to 4.54% above the 2022 of 4.32%, while the scale of change…
Keep Borrowing and eventually, Britain’s Debt Black Hole will become bigger
The nature of Black Holes in astrophysics and quantum mechanics is still a mystery and an area of intense research and observation globally, but the nature of these massive interstellar gravitational masses still represents an unsolved mystery to mankind. The…
The Bank for International Settlements (BIS), and the Third Reich Regime’s Financial Offshore money laundering
During the prelude to and the progression of World War II, the German Third Reich was supported by a network of financial manoeuvres that ensured the Nazist regime objectives were achieved in secrecy, including the laundering of funds and the…
NASDAQ Halloween Scare and volatility pumpkin spike
As October rolls to its end, markets have their own way of embracing the Halloween spirit, and it seems the NASDAQ-100 (NDX) has chosen a rather spooky route. Traders and investors are beginning to hear the ominous toll of “Hell’s…
What’s inside a Gladstone bag ? Fiscal tool to generate Tax Revenue gains from Green logistics supply-chain multiplier effect
The Gladstone bag is a type of large, rigid-sided travel bag or suitcase, typically made of leather or fabric, with a distinctive design that features a wide opening and two handles. It is named after British Prime Minister William Ewart…
Back to the Future of Sodium-Ion Energy Storage and Automotive mobility
“Sine Sale, non est Vita”. Sea salt has a long centenary history as a valuable commodity, used at first as money in ancient civilizations, where it was traded and hoarded due to its essential role in food preservation and flavour…
What could potentially change in United States foreign policy with a Trump Presidency
A potential Donald Trump presidency could mark a significant shift in U.S. foreign policy and geopolitics, with a focus on reshaping power structures in the Middle East and resolving the Ukraine-Russia conflict, part of this strategy could be forcing peace…
“Deppenapostroph”, Anglicism in commercial Deutsche, and what already said Heidegger in 1957 about language
Deppenapostroph ist das Gegenteil von denkender Sprache
7th October 1985, the Achille Lauro Hijacking by the PLF and what later became the Sigonella standoff
On October 7, 1985, the Italian cruise ship Achille Lauro was hijacked by four members of the Palestinian Liberation Front (PLF) while sailing off the coast of Egypt. The hijackers, led by Youssef al-Molqi, demanded the release of 50 Palestinian…
Britain’s path to Long-Term Economic Decline and Stagnation
In recent years, the socio-political landscape in Great Britain has undergone significant changes. Rising economic uncertainty, social division, and the aggressive rhetoric of certain political organizations have fueled a growing sense of unease. While the United Kingdom has long prided…
The thin horizon line at the boundaries of the Tragic Nature of Human Existence
From the earliest days of human thought, philosophers have wrestled with the fundamental questions of existence: What does it mean to live? What defines our purpose? Why, despite moments of happiness and triumph, do we seem to suffer and struggle…
American Corporations Are Buying Up Britain–It’s Very Bad for Ordinary British People
The growing dominance of American corporations in the UK presents challenges, particularly for workers, consumers, and smaller businesses. While foreign investment can bring benefits, the costs—such as reduced local control, job losses, and economic inequality—are increasingly being felt by ordinary British people. If this trend continues unchecked, it could have long-lasting consequences on the UK’s economic sovereignty and social fabric.
Manufacturing Broken Britain. The deceitful role of the MassMedia industry and the political lobbies
The United Kingdom has been on a turbulent political trajectory since the 2016 Brexit referendum. Once heralded as a beacon of parliamentary democracy and stability, the nation has become ungovernable. Polarized politics, ineffective leadership, and an ever-more influential media landscape have fueled confusion and disillusionment among citizens. The fourth estate—the mass media—has become not merely a watchdog of government but an active player in manipulating public sentiment and shaping political narratives. The rise of 24/7 media saturation, combined with entrenched media moguls like Rupert Murdoch and new outlets backed by secretive offshore interests, has transformed the UK into a breeding ground for disinformation, undermining both governance and socio-economic stability.
Overview forecast of a 40-50% Market Cap Decline in MAG7 Stocks on the US Economy. Implications of declining saving rates
The “Magnificent Seven” (Apple, Microsoft, Alphabet, Amazon, Meta, Nvidia, and Tesla) have a combined market capitalization of approximately $15.76 trillion(Stock Analysis)(markets.businessinsider.com). These seven tech giants play a significant role in the overall health of the stock market and the US economy due to their substantial weighting in major indices (such as the S&P 500), their contribution to innovation, and their employment and tax contributions.
Understanding Stock Splits: Their Mechanics and the risks to Financial Stability and the Economy
Stock splits are a common corporate action wherein a company increases the number of its shares while proportionally reducing the stock price. The company’s market capitalization remains unchanged, but shareholders end up with more shares. For example, in a 2-for-1 stock split, every existing share is divided into two, and shareholders receive an additional share for each one they hold, while the price per share is halved.
Private Companies as Political Entities and Foundations, the risk of Ponzi Schemes and Political Fraud
A more complex and under-examined example of Ponzi schemes can be found within private political foundations and political parties registered as private entities. Political organizations, especially in democratic societies, are often perceived as tools of collective decision-making and social change. This perception creates a fertile ground for fraudulent activities, where activists and supporters, driven by political ideology or passion for a cause, are deceived into becoming shareholders of an entity that is little more than a private company in disguise.
Lebanon’s struggle to implement the Taif Agreement and the resistance movements against Hezbollah
Lebanon’s social and economic struggle and instability have been a feature of the country for some decades, and the Beirut dock incident plunged once again the country into a profound economic crisis, exploited by Hezbollah extremist groups, that are destabilizing militia in the region. Among the reasons for continuous instability in Lebanon has been the lack of implementation of the Taif Agreement, while the Shia Hezbollah Militia have taken over most parts of Lebanon’s civil society enforcing a tight Sharija rule Theocratic regime, that threatens Lebanese civil society, Lebanon’ Parliamentary Sovereignty, and wider instability in the region.
Reformism as Demagoguery in a Partitocracy: The Masking of Corruption and Undemocratic Authoritarianism
Reformism, when manipulated by a corrupt political system, becomes a demagogic tool used to deceive the public and maintain power. In a system best described as a partitocracy, where political parties dominate government decision-making to serve their interests rather than the populace, reformist rhetoric serves to mask the inherent criminality and authoritarian tendencies of the ruling elite. This version of reformism does not aim for meaningful change but instead reinforces undemocratic policies that benefit corruption, opacity in political lobbies backdealing, and criminal organizations to perpetuate societal instability.
How to promote lasting Peace Treaty in the Russia Ukraine conflict and wider security agreements between NATO and Russia. Prospects of wider Geopolitical and economic stability.
The conflict between Ukraine and Russia has engendered significant human suffering, geopolitical instability, and economic disruption, not only within the affected regions but also on a global scale. The international community has witnessed a relentless cycle of hostilities and retaliations, with numerous diplomatic efforts falling short of achieving a lasting resolution. As the conflict drags on, the necessity for a comprehensive and internationally recognized peace treaty becomes increasingly urgent. Such a treaty should encompass the return of Crimea to Ukraine and the establishment of a mutually agreed-upon security buffer and demilitarized zone along the Ukraine-Russia border.
The Necessity of Investigations and Actions to Combat Anti-Europeanism and Unmask Antisemitic Conspiratorial Tendencies
To effectively address anti-Europeanism and its hidden conspiratorial tendencies—particularly those that carry antisemitic undertones—it is essential to focus on investigations, public education, and accountability within both political discourse and mass media.
The Uncanny Truth About Anti-Europeanism as a Form of Covert Antisemitism: Historical and Ideological Perspective
Anti-Europeanism, especially when framed as opposition to the European Union and broader European integration, has emerged as a political and social stance that is often intertwined with xenophobia, nationalism, and protectionism. On the surface, Anti-European rhetoric critiques the perceived loss of sovereignty, cultural erosion, and economic disadvantages caused by the policies of the EU. However, underneath these arguments lies a deeper historical and ideological connection: the use of Anti-Europeanism as a subtle or “covert” form of antisemitism.
The Ideological Parallels Between Nigel Farage and Hitler: Xenophobia, Racism, and AntiEuropeanism as AntiSemitism
The rise of nationalist and populist rhetoric in Europe, particularly in the context of Brexit, has drawn historical comparisons to authoritarian dictators as Adolf Hitler. Among the most controversial figures in this movement is Nigel Farage, former leader of the UK Independence Party (UKIP) and a central architect of the Brexit campaign. Farage’s rhetoric—characterized by his disdain for the European Union (EU), his portrayal of immigrants as a threat, and accusations of pandering to racist and xenophobic sentiments—has prompted scholars and critics to draw parallels between his discourse and the demagoguery exploited by Hitler.
The Current State of Hedge Funds’ Leverage and Implications for Big Banks
Hedge funds, known for their aggressive and often highly speculative investment strategies, have leveraged their portfolios to extraordinary levels in recent years. Hedge fund leverage has surged to an unprecedented $28 trillion, marking a significant risk factor within the financial system.
History of Soviet Union dangers posed to Europe through KGB operations
The Soviet Union, from its inception in 1922 until its dissolution in 1991, represented one of the most formidable threats to global stability, both politically and economically. The ideological conflict between the Soviet Union, a communist state, and the capitalist West, epitomized by the United States and its European allies, dominated the geopolitical landscape of the 20th century. Central to the Soviet Union’s strategy to spread its influence and counter Western power was the KGB (Committee for State Security), the notorious intelligence agency that played a crucial role in shaping global events during the Cold War.
Arabs’ money and the human trafficking business
In recent years, the influx of money from Arab autocracies into Europe has been substantial, spanning various sectors such as real estate, finance, and sports. While these investments have been publicly welcomed as a sign of economic collaboration and development,…
The opaque dynamics of plunder, Exploitation, Corruption, and Money Laundering
Globalization, driven by opaque unregulated illegal capitalist imperatives, has transformed the global economy into a complex network of financial flows, international trade, and investment. However, this economic integration has also facilitated a range of unethical practices, including systemic corruption, money…
The Ideological Propaganda of Brexit: Spreading Racism, Xenophobia, and Populism in Europe and Its Unintended Consequences for Ukraine
Brexit, the United Kingdom’s departure from the European Union, has been often viewed through the lens of national sovereignty and economic autonomy. However, its repercussions extend far beyond Britain’s borders, influencing European politics and international relations in unexpected ways. Among…
EUR/USD adjusts for Interest Rate Differential Amid Anticipated ECB Rate Cut
The Euribor rates term structure currently discounts 65 basis points from the European Central Bank’s interest rate, which stands at 4.25%. At the same time, the 12-month Euribor, currently at 3.072%, forecasts a significant 120 basis point reduction in the…
Bund Yield Curve Steepening: Term Premium to Rise in Longer Durations
Bund’s Yield Curve Term premium to steepen in longer duration Germany’s prevailing uncertainties and projected macroeconomic landscape will necessitate a higher term premium on long-duration Bunds. This is driven by embedded higher inflation expectations and increased ECB interest rates. The…
The Multi-Decades anti-socialism and anti-CP propaganda in Europe implemented by the United States, a peculiar interpretation of Democracy
The United States, Churchill, and the Shadow of Operation Paperclip: Controversies in 1945 In the summer of 1945, as World War II drew to a close, the world witnessed a realignment of global powers and the beginning of new tensions…
John Stuart Mill, “On liberty of thought and Discussion”
John Stuart Mill’s seminal work, On Liberty, published in 1859, remains one of the most influential philosophical texts on the concept of individual freedom. Mill’s exploration of liberty, authority, and societal norms provides a framework for understanding the balance between…
McIntyre’s Contrapposition between Aristotelian ethics and Hobbes’ individualism
During the 1980s an absolutely decisive text was published by McIntyre who rightly or wrongly is considered to be one of the main inspirers of the so-called communitarian current, in this very text titled After Virtue, the thesis exposed by…
4-Week Average Jobless Claims increase to 240000, expect higher Unemployment
United States 4-week average jobless claims have increased to 240,000 from the previous 238,000, indicating that the U.S. economy is slowing the pace of hiring while the marginal profitability of American businesses shrinks. Price Stability is a Total fallacy and…
Japan’s debt leverage has been increasing to worrying levels, what could be the implications for the Japanese Yen
Although a very resilient and highly productive and highly technological economy, Japan has achieved many milestones with consistent and somewhat abnormal debt leverage in proportion to the country’s gross domestic product, so the Bank of Japan doesn’t really have anymore…
United States Household Debt Balance breaks another record, setting American Households $17.8 Trillion in the red, while Credit Card delinquency rates are on the rise
Total consumer debt in the United States has reached an unprecedented level, with American households now owing a staggering $17.8 trillion. This record-breaking amount underscores the growing financial strain on many families, as they grapple with mortgages, credit card balances,…
Ireland’s economy in a prolonged recession sees the Unemployment rate rising to 4.7%
Ireland has experienced a recession starting from the first quarter of 2023 and continuing through the second quarter of 2024 Meanwhile, the quarter-on-quarter aggregate economic output data conveyed an improvement of economic growth with two positive quarters. However, in the…
On the Origins of Totalitarianism, Hanna Arendt described the ideological role of Englishmen’s Racism
Hannah Arendt’s seminal work, “The Origins of Totalitarianism,” published in 1951, delves into the complex and multifaceted nature of totalitarian regimes. One of the critical aspects Arendt explores is the ideological role of racism, particularly Englishmen’s racism, in the development…
Founded out of the Drugs and Opium Trade in Hong Kong, how HSBC operated since then, scandal after money laundering scandal
HSBC, one of the world’s largest and most influential banks, has a history shrouded in controversy. Founded in Hong Kong during the height of the opium trade in the mid-19th century, the bank has grown into a global financial giant….
Sweden’s OMSX30 market correction of equities mispricing seems almost inevitable as a hot summer meltdown
Sweden’s economic data confirm early warnings of a Housing Market Debt burst feeding into Economic Recession and Unemployment. Latest data confirm everything foresaw between 2023/24. Sweden’s Unemployment rate increased to 9.4% in June and it’s likely to be in the…
Earth and Water. Ocean Fluids Dynamics, Tidal Forces, and Water in empty Space
The dynamics of water, from the vast ocean currents and tidal forces that shape our planet to its behavior in the void of space, reveal the versatility and essential nature of this element. Understanding these processes not only enhances our comprehension of Earth’s ecosystems but also informs our quest to explore and potentially inhabit other worlds
Dollar Overnight Money Market interest rate rise to 5.4%
The SOFR rates (Secured Overnight Financing Rate) a direct interest rate function of the Federal Reserve money market system increased overnight to 5.44%, while the amount financed and rolled over overnight was at $1.967 Billion also $ 1.96 Trillion Dollars,…
Italian Government -8.8% Q1 fiscal deficit seems way out of order
The quarterly non-financial sector account summary of Italy’s General Government account gives a brief concise framework of Italy’s public finances and the main economic factors. What caught the eye of keen observers has been the out-of-the-ordinary Q1 fiscal deficit balance…
Extracting Market Performance and Volatility Patterns of Blue-Chip Stocks and the FTSE100 Index
Samples of FTSE100 blue chip stocks and the FTSE100 index have been elaborated to understand the stocks’ returns and the index returns since 2010 up to date. A wide variety of descriptive statistics and volatility measures have been assembled, meanwhile,…
The USA Unemployment rate drifting toward non-cyclical rate of unemployment hints at a possible Recession scenario going forward
OBSERVING CORE INFLATION, UNEMPLOYMENT RATE AND NON-CYCLICAL RATE OF UNEMPLOYMENT, VERY SIMPLE GRAPHS EXPLAIN A LOT. EVERY TIME THE UNEMPLOYMENT RATE HAS RUN BELOW NAIRU, THAT HAS ACCELERATED INFLATION AND GENERATED ABOVE POTENTIAL TREND GROWTH. TEXBOOK ECONOMICS. IN THE GRAPH…
EUR/USD 1.068 exchange rate will probably become more volatile, with EUR/USD parity
The Euro could be set to become much more volatile in the FX market, considering the interest rates differential with other G10 currencies and the structural idiosyncratic deficiencies in the Euro Area, considering the wider persistent Fiscal Deficits carried on…
Econometrics forecast research about USA macroeconomic timeseries
In the quest for clues about how the global economy could perform in the coming quarters, additional econometrics research has been applied to some of the major macroeconomic United States variables. In this instance macroeconomic variables examined have been: Bank…
MAJOR POUND STERLING EXCHANGE RATES VOLATILITY STUDY
GBP/CHF, GBP/JPY AND GBP/USD GRAPHS OF HISTORICAL VOLATILITY CALCULATED WITH 30 DAYS STDV OF LOG RETURNS, THEN 3-MONTH, 6-MONTH AND 12-MONTH AVERAGE VOLATILITY. THE GRAPHS OF GBP/CHF, GBP/JPY AND GBP/USD SEE THE 3-MONTH AVERAGE VOLATILITY LINE DRIFTING UPWARD TO CROSS…
How the USA economy could perform in the coming quarters ?
Latest Q1 data from the USA economy have seen a decrease in the rate of GDP expansion in Q1 correlated with a decrease in PCE, consumer spending, while Inflation data have slightly increased with Initial Jobless claims also increasing as…
Russians bought up $6.3 billion in Dubai property after 2022 Ukraine invasion, report finds
Since the 2022 invasion of Ukraine, Russian nationals have bought up $6.3 billion in existing and in-development properties in Dubai, a group of economists with the EU Tax Observatory and Norway’s Centre for Tax Research estimated in a recent report….
Moody’s places Tesco Personal Finance plc’s ratings on review for downgrade
Moody’s Investors Service (Moody’s) today placed on review for downgrade all ratings and assessments of Tesco Personal Finance plc (Tesco Bank) and its holding company Tesco Personal Finance Group plc (TPFG): Tesco Bank’s Baseline Credit Assessment (BCA) and Adjusted BCA…
Moody’s downgrades Mobico’s rating to Baa3; downgrades the company’s £1.5 billion backed senior unsecured medium term note (MTN) programme to (P)Baa3 from (P)Baa2, its £250 million backed senior unsecured medium term notes due 2028
Moody’s Ratings (Moody’s) has today downgraded Mobico Group PLC’s (Mobico) long-term issuer rating to Baa3 from Baa2. At the same time, the rating agency downgraded the company’s £1.5 billion backed senior unsecured medium term note (MTN) programme to (P)Baa3 from…
Moody’s downgrades BY Chelmer plc’s ratings to Baa1.
Moody’s Ratings (Moody’s) has today downgraded to Baa1 from A3 the underlying and backed senior secured ratings of the GBP163 million index-linked senior secured bonds due 2043 (the Bonds) issued by BY Chelmer plc (ProjectCo or BY Chelmer). The outlook…
Moody’s Ratings places on review for downgrade one rating in Canada Square Funding 7 PLC
Moody’s Ratings (“Moody’s”) has today placed on review for downgrade the rating of one note in Canada Square Funding 7 PLC. The rating action reflects lower than anticipated yield generated by the pool of mortgage loans. ….GBP 2.82M Class D…
Federal Fund Effective Rate Comparative (ATSM) Analysis of Interest Rate Forecast
CIR interest rate forecast model Cox Ingersoll Ross model to forecast interest rate variables in simple terms defines an Effective Federal Fund rate equilibrium of 4.45%, but with a forecast of a higher long-run Federal Fund Rate of 6.84% that…
Sweden Q1 -1.1% economic growth figures confirm recession for four quarters in a row
Latest Swedish GDP figures confirm a recessionary trend that has been accelerating in momentum, with a -1.1% Q1 economic growth decrease year on year and -0.1% flat negative Quarter on Quarter, economic contraction of the Swedish economy could be a…
Comcast overpriced acquisition of Sky plc implied devastating effects on Comcast debt leverage. Soon the corporate could seek for potential buyers to offload Sky plc
Comcast balance sheet has been poisoned with the acquisition of the British Broadcast Sky Plc, that has brought additional leverage and multibillion Dollar long term Debt Burden on Comcast Balance Sheet, while also having to fund very expensive business unproductive…
When Ireland can agree to a unification referendum with Northern Ireland, according to the Good Friday Agreement
The 1998 Good Friday Agreement explicitly envisages a possible referendum on the creation of a United Ireland. A significant section of the text of the Agreement is specifically devoted to detailing what should happen. All the participants in the talks agreed…
Investments in the Economy amount to tangible output production. Speculative stocks are not
Would be useful to actually make a material distinction between investments and speculative investments. INVESTMENTS IN THE ECONOMY ARE MADE WITH THE EFFICIENT ALLOCATION IN FACTORS OF PRODUCTIONS, TO GENERATE A MATERIAL OUTPUT, GOODS AND SERVICES. THESE ARE INVESTMENTS. MATERIAL,…
Estimating volatility of Inflation metrics, implementing MSE volatility, ARCH GARCH HS comparison
Study of Inflation metrics volatility has been started with estimating the 3/6/9/12 months volatility extracted form Mean Squared Error in Core CPI in a range 0.2% 0.4%. Measure of volatility in Core CPI, that should be useful to determined the…
Love and Unity: Aristophanes’ Myth of Eros in Plato’s Symposium
Aristophanes manages to relieve himself of hiccups by applying a remedy – sneezing stimulation – suggested by Erissimachus, whose name, intentionally, means “fighter against belching.” The comic, teasing the doctor, notes that – curiously – the harmonious order (kosmion) of…
Financial Derivatives and Their Risks for Financial and Economic Stability
Financial derivatives have revolutionized modern finance by providing tools for risk management, speculation, and investment. However, their widespread use also brings significant risks to financial and economic stability. This essay delves into the complex world of financial derivatives, exploring their…
Basel III: A globalregulatory framework formore resilient banks andbanking systems
BASEL III: Strengthening the Backbone of the Global Financial System The world of finance is an ever-evolving landscape, shaped by the forces of economic activity, regulatory measures, and technological advancements. In the aftermath of the 2008 financial crisis, it became…
Forecasting Value-at-Risk under Fat-Tail Distribution Assumptions
Financial Econometrics studies have demonstrated that forecasting Value At Risk under standard normal distribution conditions could lead to underestimation of potential losses, hence of fat tail volatility risk events, other methods to improve Value At Risk forecasting have been studied…
Higher Prices for Longer, you’re all screwed up, unless you’ll embrace unemployment
John Maynard Keynes theorized and explained the necessity of aggregate supply/demand equilibrium, the Fed messed it all up and now you’re all screwed up with Higher Prices for Longer, while producers compete globally by increasing prices and cost of production…
Capitalism as an economic and social science can’t be imposed as a dogma. Humanity has to achieve better than consumerism
When we observe the Universe, becomes evident the insignificant meaning of planet Earth in the Milky Way, and the insignificant meaning of the Milky Way compared to other galaxies and the expansion of the Universe. Well, on the 22nd of…
Unveiling the Complex Tapestry of Stock Market Crashes: A Comprehensive Exploration
The history of financial markets is punctuated by episodes of euphoria and despair, with stock market crashes serving as ominous reminders of the inherent volatility and unpredictability of the global financial system. A stock market crash is a sudden, severe…
Muslim Theocratic Regimes are out of history, out of time, and incompatible with the free world based on the Greek-Roman Civilization
Like Strauss in his famous book “Das Leben Jesu”, The Life of Jesus, treats the idea of God and the existence of Jesus as a myth, thus breaking the idea of the sacred and religious, to bring the rational ‘idea…
BUOYANT NIKKEI 225 FUTURES BREAK OUT OVERNIGHT WITH INFLOWS IN JAPANESE EQUITIES
Japanese equities continue to attract inflows, the Nikkei225 ‘Mar Futures contract had a very positive session with a 2.32% breakout from a consolidation level. MACD lines have crossed to the upside as a signal of uptrend. Possible to see the…
10y Treasuries and 10y BTP could be at risk of a brutal force sell-off, on Fiscal deficit worries
Treasuries futures chart Ultra 10-Year Treasuries chart signals a downtrend and drifts lower in the price of the Bond. There could be a consistent Sell-Off in Treasuries and a multiple standard deviation spike in yields. also the 10Year Treasury note…
From Communism to Consumerism. Massification and commodification of mankind
“Capitalism has survived communism. Now, it eats away at itself.” Charles Bukowski Humanity has been forced to live in a society of waste and consumerism, but no one has the courage to admit it, because the immediate gratification of every…
Social Media dystopian artificial world and the denaturalization of mankind
Technology, social media and propaganda made with the mass media pose an epochal paradox that erodes the foundations of logical thinking and unambiguous communication, both at the basis of the principle of non-contradiction. Above all, technology, social media and the…
From nature φύση to A.I. and the obsolescence of mankind
Human thought theorizes science and rational thought, starting from nature φύση (fysi) in Greek. Therefore rational thought and the theorization of physics begin from the observation and rationalization of the laws that govern nature and the natural world. With Aristotle’s…
UK Treasury’s at risk of GILTs funding crisis with loss of access to Sovereign Debt Market
UK-denominated Sovereign Debt GILTs could be at risk of not finding bidders and not finding a price for GILTs debt, as access to the Global Debt market could freeze. The UK Treasury has a notable fiscal deficit and funding shortfalls…
Karl Jaspers on The Encompassing (1949)
Welcome to our exploration of Karl Jaspers’ profound philosophical insights. In this video, we delve into Jaspers’ seminal work, “The Encompassing,” written in 1949. Jaspers, a key figure in existential philosophy, offers a deep analysis of human existence and the…
On Being and Time
Incredibly interesting how Heidegger in “Being and Time” describes the features of research and theoretical research “Posing a problem means trying to know the entity as to its what-it is and its being-so. The search for knowledge can become a…
“Make me a hinge”. Produce in the most efficient way, in the shortest time, with essential utilization of material.
It’s perhaps shocking to write but fulfilling to admit in inspiration and with an urge of human conscience, the modern model of production and modus operandi of the ultrarational form of thought, contemporary of our time characterized by Teknè and…
On Capitalism and Totalitarian thought
We live in a society of waste and consumerism, but no one has the courage to admit it, because the immediate gratification of every habit and vice makes the human being apathetic and alienated only in producing and consuming, but…
On being and existence, according to Karl Jaspers
The existence of being, for Karl Jaspers, is a checkmate of the being and a shipwreck in the impossibility of choice. Any human being and any living being doesn’t decide to come into the world but rather is catapulted into…
Illiteracy resulting from social media and mass media
Technology, social media and propaganda made with the mass media pose an epochal paradox that erodes the foundations of logical thinking and unambiguous communication, both at the basis of the principle of non-contradiction. Above all, technology, social media and the…
Housing market and construction industry could be on a cliff edge in Germany
German House Price Index seems to have peaked after a parabolic multi-decade 0% interest rate Housing market and construction sector speculative bubble, Housing Market in Germany could see a considerable downward correction in House Price and Commercial property prices. PRICE…
Where to find the literary references of, Chairman Powell, Symposium speech
The annual Jackson Hole Symposium has been anticipated, followed and commented on with much attention in the financial services industry, where many had been waiting and wondering about the Federal Reserve Chairman’s introductory speech at the conference, as a point…
THE NIFTY50 INDEX IT’S GOING TO TOP OUT WITH A -12% EQUITIES MARKET SELL-OFF
THE CHART OF THE NIFTY50 INDEX COULD BE GOING TO SEE A SHARP FALL DOWNWARD TOPPING OUT, CONSIDERING ALSO THE OVERBOUGHT RSI OSCILLATOR. ASIAN ECONOMIES COULD BE ON THE VERGE OF TURMOIL, CONSIDERING THE CONTINUING DEFAULTS IN CHINA REAL ESTATE…
MOODY’S DOWNGRADES FLAMINGO GROUP LTD REVOLVING CREDIT FACILITY
Moody’s Investors Service downgraded the ratings of Flamingo Group International Limited (Flamingo or the company), including its corporate family rating (CFR) to Caa1 from B3; its probability of default rating to Caa1-PD from B3-PD, and its backed senior secured bank…
Moody’s downgrades Huws Gray’s ratings to B3 from B2
Moody’s Investors Service downgraded the long-term corporate family rating (CFR) of Patagonia Bidco Limited (Huws Gray or the company) to B3 from B2 and the probability of default rating (PDR) to B3-PD from B2-PD. Concurrently, Moody’s has downgraded to B3…
THE FTSE100 COULD BE ON THE VERGE OF AN EQUITIES MARKET CORRECTION
The FTSE 100 chart on a monthly time scale has seen the Bollinger Band giving to the FTSE 100 price line a Sell Signal, that has been consolidating on the Tenkan and Kijun Line. However, these are not relevant technical…
From the book, Obsolescence of Mankind, Gunther Anders, 1956
“To crush any revolt in advance, one must not use violence. Methods such as those used by Hitler are outdated. It is enough to develop such a powerful collective conditioning that the very idea of revolt will not even cross…
FRONT END GILTs YIELD CURVE MISPRICED COMPARED TO 5.2% INFLATION EXPECTATIONS
Inflation Expectations in the United Kingdom decreased to 5.20% in April from 5.40% in March of 2023 THE FRONT END OF THE UK GILTS YIELD CURVE HAS BEEN MISPRICED FOR MANY MONTHS, DESPITE CORE INFLATION RATE STANDING AT 6.2%, CPI…
The S&P 500 is overvalued and a correction would be natural
A macroeconomic interpretation of the Federal Reserve shrinking its balance sheet could be that q(t)=1+C'{I(t)}, the value of one more unit of capital= cost of getting one more unit of capital, as money markets interest rates rise to match inflation…
Moody’s changes rating to negative on ten UK PFI
Moody’s affirmed the A2 underlying debt ratings of seven UK hospital Private Finance Initiative (PFI) project issuers: Criterion Healthcare PLC, Endeavour SCH PLC, HPC King’s College Hospital (Issuer) PLC, United Healthcare (Bromley) Limited, Hospital Company (Swindon and Marlborough), Worcestershire Hospital…
SANTANDER’S RMBS CREDIT DERIVATIVE LOANS PORTFOLIO DOWNGRADED
Moody’s downgraded the rating of Class B notes in FONDO DE TITULIZACIÓN RMBS SANTANDER 7 (“RMBS Santander 7”). The rating action reflects worse-than-expected collateral performance and the unpaid interest accumulated in Class B notes. Moody’s affirmed the rating of the…
Moody’s downgrades all of EMEA CMBS credit derivatives issued by HAUS
Moody’s has today downgraded all classes of EMEA CMBS issued by HAUS (EUROPEAN LOAN CONDUIT) DAC (“Issuer”): ….EUR 194.2M Class A1 Notes, Downgraded to Aa1 (sf); previously on Aug 23, 2021 Definitive Rating Assigned Aaa (sf) ….EUR 19.1M Class A2…
Adidas’debt credit rating downgraded, on declining profit and retail sales
Adidas senior unsecured debt credit rating downgraded to A3 from A2 the long-term issuer ratings of Adidas AG. Moody’s also downgraded Adida’s short-term issuer rating to Prime-2 from Prime-1. RATING RATIONALE Today’s rating action is prompted by a steep profit…
Moody’s downgrades Checkers PDR to Ca-PD/LD following missed principal payment on first-lien term loan facilities
Moody’s downgraded Checkers Holdings, Inc.’s (Checkers) probability of default rating (PDR) to Ca, its corporate family rating (CFR) to Ca from Caa2 and its senior secured bank credit facility to Caa3 from Caa1. The downgrades follow the expiration of the…
Moody’s downgrades Checkers Holdings credit rating to Ca following missed principal payment on first-lien term loan facilities
Moody’s downgraded Checkers Holdings, Inc.’s (Checkers) probability of default rating (PDR) to Ca, its corporate family rating (CFR) to Ca from Caa2 and its senior secured bank credit facility to Caa3 from Caa1. The downgrades follow the expiration of the…
Moody’s downgrades Provident Group to Caa3 following payment default
Approximately $36 million of debt securities affected Moody’s has downgraded to Caa3 from Caa2 the ratings assigned to Provident Group senior secured obligations, including the senior secured revenue bonds following a payment default on the May 1, 2023 debt service…
CMBS STRUCTURED FINANCE DEBT ISSUED BY JPMCC DOWNGRADED
Approximately $309 million of structured securities affected downgraded the ratings on two classes of CMBS securities, issued by J.P. Morgan Chase Commercial Mortgage Securities Trust 2019-MFP, Commercial Mortgage Pass-Through Certificates, Series 2019-MFP as follows: Cl. A, Affirmed Aaa (sf); previously…
Moody’s downgrades Yale New Haven Health Services Corporation (CT) to A1
Moody’s Investors Service has downgraded Yale New Haven Health Services Corporation’s (YNHH, CT) revenue bond ratings to A1 from Aa3. Yale New Haven Health Services Corporation (HSC) is the obligated group agent and borrowing entity for Yale New Haven Health…
Economies with persistent large deficits financed by borrowing, become prone to sustained higher inflation
Economies with persistent large deficits financed by borrowing, become prone to sustained higher inflation. When deficits become too large eventually there’s no amount of money printing that plugs the deficit hole. U.S. Balance of trade U.S. Budget Expenditure to GDP…
Sterling money market rates pricing a 5% bank rate peak at the Bank of England
The 3-Month (Sterling Overnight Index Average) interest rate curve forecast a 5% money market peak interest rate according to the Bank of England These are the Bank of England rates and forwards. the daily rate was 4.18%. That also could…
Commercial Property Prices decreased by -15% since property prices peaked a year ago
Commercial Property Price Index decreased by 0.2% in March. The index has fallen by -15% since property prices peaked a year ago. The chart tracks CRE in America. “Transaction volumes remain low, but our estimates put the bid price about…
Housing Market prices inflating to unhealthy excesses for credit markets
The housing market has probably increased to risky levels for credit markets. Since 2009, from the lowest average price to Q4 2022, Housing prices in the UK capital have increased by an average of 195.22%. The average First-time buyer house…
Treasuries yield curve correlated to CPI Inflation expectations
February CPI (excluding food & energy) year on year was 6.1%, and in Feb 2021 was 1.3%. that makes the 2Y inflation expectation about 4.8%. Fed Funds at the minute are on neutral. ECB and BoE are in much worse…
EURO AREA HICP INFLATION DATA BENEFITS FROM DECREASING ENERGY PRICES
Euro Area Inflation data are quite controversial. CORE CPI jumps to 1.2% an increase of 0.4% from the previous month, therefore CPI CORE INFLATION year on year needs to be 6.0%, not 5.7%. 0.9% CPI Inflation increased +0.1% from the…
Commercial Real Estate securitized credit derivatives downgraded, because of declining credit quality
downgraded the ratings on six classes in COMM 2012-CCRE2 Mortgage Trust (“COMM 2012-CCRE2”), Commercial Pass-Through Certificates, Series 2012-CCRE2 as follows: Cl. D, Downgraded to Ba1 (sf); previously on Sep 22, 2022 Downgraded to Baa2 (sf) Cl. E, Downgraded to B1…
Moody’s has taken rating actions by downgrading UK housing associations, underlying credit derivatives finance and SPVs
Moody’s has downgraded the Baseline Credit Assessments (BCAs) of 12 HAs by one notch and of one HA by two notches. The BCA of Alliance Homes Group (Alliance) was downgraded to a3 from a2; the BCAs of Citizen Housing Group…
Moody’s downgrades UK Private Healthcare provider: United Healthcare (Bromley) Limited’s underlying rating to Baa1 from A2; outlook remains negative
Moody’s Investors Service (“Moody’s”) has today downgraded to Baa1 from A2 the underlying rating of the GBP138.4 million of index-linked senior secured bonds due in 2036 (the Bonds) issued by United Healthcare (Bromley) Limited (Project Co). The outlook remains negative….
Moody’s downgrades the rating on GBP 41.4m Project Finance CLO notes of Semperian Senior Funding Plc
Moody’s Investors Service (“Moody’s”) has downgraded the rating on the following notes issued by Semperian Senior Funding Plc: ….GBP 41.4M Class D Notes, Downgraded to Baa3 (sf); previously on Jun 21, 2021 Affirmed A3 (sf) Moody’s has also affirmed the…
MOODY’S DOWNGRADES VENATOR MATERIAL plc SIGNAL INCREASING PROBABILITY OF DEFAULT
Moody’s Investors Service (“Moody’s”) has downgraded the Corporate Family Rating (“CFR”) of Venator Materials plc (“Venator”) to Caa1 from B2, the Probability of Default Rating (“PDR”) to Caa1-PD from B2-PD and the company’s Speculative Grade Liquidity Rating (“SGL”) to SGL-4…
UK FOOD RETAILER CREDIT RATING DOWNGRADED
Moody’s Investors Service (“Moody’s”) has today downgraded the corporate family rating (CFR) and the probability of default rating (PDR) of Market Holdco 3 Limited, a holding company formed to effect the acquisition of Wm Morrison Supermarkets Limited (Morrisons), to B2…
What do we do with a drunken sailor?
On this chart, UK Inflation Expectations stand at 6.1% On this chart, UK Inflation Expectations have risen to 5.6% in February, as CPI Inflation increased to 10.4%. Important to notice in the chart, that Inflation Expectations are at the highest…
UK INFLATION RISES TO 10.4% WITH FOOD INFLATION SURGING TO 18%
As expected the UK CPI Inflation measure increases to 10.4%. This will make sure that the OBR and Exchequer 2.9% target goes out of the window as plain baloney. The last time Inflation was so high was in the 1970s…
UK SPRING BUDGET, ANOTHER MISSED OPPORTUNITY
The big idea coming from the UK Exchequer Spring Budget, it’s a rough measure of Capex that won’t produce what’s hoped, but rather accounting tricks to inflate capex expenditure so as to evade the raise in Corporate Tax. The measure…
How will drift the USD/JPY exchange rate? More Dollar strength shouldn’t be ignored
Dollar/Yen chart 12 months timeframe. Every candlestick= 12 months. USD/JPY 105.95 | 106.0 exchange rate has seen the largest volume traded. However, although the BoJ has very large USDollar reserves to help the Yen not depreciate too much. exchange rate…
S&P 500 POTENTIAL -15% SELL-OFF
SPX price/volume, Daily timescale chart, below the 200-day Exponential Moving Average, that means SPX in logarithmic function. Most important SPX 3963 Point of Control SELL-OFF Signal, with a potential Head&Shoulder candlestick pattern. S&P500 price/volume trendline with a -15% | -17.5%…
France and Italy’s short-term sovereign debt seeing higher volatility
Observing high volatility in the 1-Month CTZ Italian debt yield. There’s a 348 basis point increase intraday. the yield jumped +26.28%. The chart below explains how the 1Month CTZ Yield has increased outside 3 standard deviations from the linear regression…
