how an obscure US firm profited from triggering the Indian giant’s price plunge
A few weeks ago, Gautam Adani was indisputably India’s richest man. Now his fortune is slipping away as the stocks of his many companies crash,...
FTX’s collapse mirrors an infamous 18th century British financial scandal
Enron. Bernie Madoff. FTX. In modern capitalism, it seems as if stories of companies and managers who engage in fraud and swindle their investors occur...
Dramatic collapse of the cryptocurrency exchange FTX contains lessons for investors but won’t affect most people
In the fast-paced world of cryptocurrency, vast sums of money can be made or lost in the blink of an eye. In early November 2022,...
Measuring the ‘Halloween effect’ – can retail investor optimism really affect stock returns?
The upcoming spooky season is not only a favourite time for most kids (and a few adults), but also for share markets due to what’s...
Nobel Prizes, election outcomes and sports championships – prediction markets try to foresee the future
Who will win Nobel Prizes in 2022? Wikipedia posits a handful of contenders for Physiology or Medicine, about 20 different possible winners for the Peace...
What’s a bear market? An economist explains
A 16th-century proverb advises: “It’s unwise to sell a bear’s skin before catching it.” That’s one of the stories used to explain why, in modern...
Firearm stocks spike after mass shootings as investors dismiss the chance of tightening gun laws
The day after an armed 18-year-old entered the Robb Elementary School in Uvalde, Texas, and shot dead 19 children and two teachers, the share prices...
SEC will consider climate disclosure rules for US companies on March 21 – it’s already facing threats of lawsuits
Better information leads to better decisions – this is the idea behind a regulatory device known as “mandated disclosure.” Mandated disclosures are all around you,...
Ukraine and the financial markets: the winners and losers so far
It’s two weeks since the world woke up to the dreadful news of a Russian attack to Ukraine. Notwithstanding the incalculable costs in terms of...
SEC proposes far-reaching climate disclosure rules for companies – here’s where the rules may be vulnerable to legal challenges
The U.S. Securities and Exchange Commission released its long-awaited proposal to require companies to disclose their climate risks to investors, and it’s arguably the most...
Stock markets have been a one-way bet for many years thanks to the ‘Fed put’ – but those days are over
The prospect of a Russian invasion of Ukraine have sent the markets into a tailspin, compounding fears around inflation that have been building over the...
Ukraine: world financial markets have not broken sweat since the Russian escalation – why?
The economic consequences of armed conflicts have received widespread attention at least as far back as when John Meynard Keynes wrote about them in 1919...