С над 170 хил. са се увеличили спестяващите българи само за 1 година - 25% от всички (1,4 млн. души) отделят от дохода си за бъдещето; Изненадващо с 4 процентни пункта спадат вярващите в инвестицията в имоти като защита от инфлацията; 30% скок в броя на инвестиращите във физическо инвестиционно …
More »(Maybe) the best feature film about "Wall Street"
"Margin Call" is probably my favorite feature film about finance. I say "maybe" because the far more famous "The Big Short" will always remain a serious contender. But "Margin Call" has a certain charm and, I would say, depth that "The Big Short" lacks. In "Margin Call" we follow the reaction of a large fund ...
More »How an Internet Forum Confused the Plans of the Entire Financial Industry
Hello, dear investors and traders. Have you been following the markets lately? Some of you may have already noticed that something strange is happening with GameStop (GME) shares. Over the past two or three days, financiers have been appearing in some media outlets complaining that a sub-forum on Reddit (r/wallstreetbets) is almost manipulating the price. As …
More »Does the credit rating show anything useful at all?
A few days ago, the credit rating agency Fitch maintained the current assessment of Bulgaria's government debt, but adjusted the "outlook" downwards from "positive" to "stable". This means that Fitch does not believe that in the foreseeable future (most likely by the end of the year) there will be conditions for improving the categorization of the government debt.
More »The upcoming battle for financial markets in the technology sphere
It's Friday night. You're out with friends, enjoying a nice meal and a bottle of wine. Then comes the moment when you have to pay the bill and realize that not everyone has cash on hand. Until recently, you had to engage in a crazy conversation like "I'll give you 5 leva, …
More »How spending cuts affect election results
Six years ago, a study by Alberto Alesina, Dorian Carloni, and Giampaolo Lecce was published entitled “Electoral Consequences of Large Fiscal Adjustments.” In it, the authors dispute the thesis that large reductions in budget deficits (for which the term “fiscal adjustments” is used) lead to worse electoral results for political parties that …
More »What do we mean by increasing the volume of public spending?
In March, Bulgaria placed three Eurobond issues on international markets for a total value of around EUR 3.1 billion. The issues were considered successful given the good yield achieved compared to the 10-year Eurobonds issued in the summer of 2014 for EUR 1.5 billion. Although the country’s need to exit …
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EKIP– Expert Club for Economics and Politics A Different Opinion