recession

Do you remember when "smart heads" were roaming the television studios six months ago to comfort us? They were talking about how the crisis may be deep, but it will be short? How we will already be in recovery by the fall? How in 2021 we will fully recover to the levels of economic activity of 2019? How the trajectory of …

(Click on the infographic for a larger size) Source: NSI Comment The latest NSI data show that industrial production fell for the fourth consecutive month in September by 0.14% year-on-year. It is noticeable that the decline is slowing, so we may see some growth in October, but we doubt that this …

0:22 – Introduction to the topics in the episode and the special guest financier Biser Manolov 01:02 – News from Bulgaria 01:53 – Why are banks in Bulgaria massively raising fees and commissions? 04:33 – Banks vs. new fintech companies like Revolut – are banks losing the battle? 06:20 – The paradoxical monetary and regulatory policy …

Media appearances in August covered the presentation of our new study against the restriction of cash payments, healthcare, is a new economic recession coming, and the accuracy of drug tests used by the traffic police. The latest economic analysis of the EKIP - "Regulations on cash payments and their effects" presents evidence that ...

0:22 – Introduction to the topics in the episode and special guest Georgi Demirev, founder of ocenime.bg, a site for analyzing the real estate market in Bulgaria. 02:27 – Financial news from Bulgaria 13:26 – Macro and Markets 22:25 – Fintech and alternative investments 31:27 – Interview with Georgi Demirev 31:41 - …

The US Federal Reserve cut interest rates for the first time in more than 10 years. The market correction that investors feared occurred, but it was not particularly sharp. Due to the worsening stock yields and the interest rate cut, the price of gold shot up. The main yield curve is …

(Click on the infographic for a larger size) Data source: NSI After a serious slowdown in growth in May, the latest NSI data show that industrial production and sales completely collapsed in June. Both production and sales are reporting record levels of decline for the last 5-10 …

(Click on the infographic for a larger size) Data source: NSI Commentary After accelerating growth in the first two months of the year, in March there was a slowdown in both production and sales in the industrial sector. Interestingly, according to NSI data, this time there is a greater burden of …

Author: Kristiyan Korelov It has been more than a decade since one of the largest stock market panics in the United States occurred. Credit markets had completely stopped functioning (Gorton, 2008), and the situation was very similar to that of the panic of 1907, when banks were in massive need of liquidity and a huge part of …

0:15 – What will we talk about in this episode? 1:15 – Overview of the presentation of the EKIP Virtual Pension Fund 8:30 – Questions and answers (feedback) from the audience 21:30 – Financial and investment news from Bulgaria 48:55 – Macro and Markets (international news) 60:25 – Fintech news 68:50 – Basic …