Truth Social lifts off on Nasdaq platform
Truth Social is an “alt-tech” social media platform created by the Trump Media & Technology Group (TMTG), founded in October 2021 by former US President Donald Trump. The platform, which has been called a “Twitter clone”, competes with Parler, Gab, and Mastodon in providing an alternative to Twitter and Facebook, and is often marketed at conservative audiences. These platforms […]
Assessing the impact of high interest rates on the Global Banking System
In December 2023, the Bank of England unveiled its Financial Stability Report, offering a comprehensive assessment of the risk landscape facing the UK’s financial system. The report delves into the impact of macroeconomic forces on households and businesses, evaluates the resilience of the UK banking system, and scrutinizes risks emanating from non-bank (market) finance. Projections […]
Oil Demand hits record 103 million barrels a day in the Summer of 2023
In recent years, the global oil market has exhibited remarkable volatility, driven by a confluence of factors. Geopolitical tensions, supply-demand dynamics, and economic uncertainties have contributed to significant price fluctuations. Meanwhile, the emergence of the COVID-19 pandemic in 2020 introduced unprecedented disruption, precipitating a substantial decline in oil demand amid widespread travel restrictions and economic […]
What is the current base case forecast for the U.K. Economy?
The semi-sensationalist macroeconomic turmoil observed in the UK since the Brexit vote in June 2016 puts the country in a league of its own, despite a once in a century pandemic almost decimating capitalism as we know it across the globe without some creative Keynesian intervention. Looking at the Implied Volatility Index of the FTSE […]