Welcome to the start of a brand-new Earnings Season – Q3! Although US stocks are known to perform best in Q4 usually, the first two quarters of 2023 have already surpassed expectations. Despite higher inflation rates, the US GDP exceeded the anticipated result of 1.3% growth by expanding 2% (annualized), while US inflation declined to…
What has happened so far In the history of oil trading, April 2020 will be remembered as the day when WTI oil futures fell below zero, pushing deeply into negative territory. This moment was when fear ran quicker than logic and traders started selling oil, fearing that Covid-related lockdowns would slow the global economy to such…
2020-21: A Bitcoin buying interest boom If 2021 was a spectacular year when the crypto world reached dazzling new heights, 2022 was a rapid rollercoaster drop. But let’s analyze this step-by-step. By the end of 2020, the crypto markets started generating buying interest among crypto- enthusiasts and various other investors. In December 2020, Bitcoin, Ethereum, Litecoin, and other…
