"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 »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 »24. Investment funds in Bulgaria with Nikolay Vassilev
0:24 – Introduction to the topics in the episode and guest Nikolay Vassilev, Managing Partner at Expat Capital, former Deputy Prime Minister of Bulgaria. 02:00 – News from Bulgaria 16:45 – Macro and Markets 25:45 – Fintech news 34:20 – Interview with Nikolay Vassilev 35:50 – Why after a career in investment banking and …
More »Precious metals and bonds make impressive gains in August
As a result of these developments, alternative investment strategies such as the "Permanent Portfolio" performed quite well. The average yield of Universal Pension Funds in Bulgaria remained relatively stable. Bitcoin suffered a relatively bad month, despite its widespread perception as a "safe haven asset". The yield curve remained inverted in the US - how long will it …
More »Central bankers in panic - March as a turning point for markets
Stock markets are entering stagnation, debt markets are generating higher profits SOFIX is also stagnating, private pension fund yields continue to fall Central bankers are already visibly worried about the coming recession, the ECB is initiating a new round of cheap loans for the banking system Going forward, debt instruments (bonds, especially government bonds) will most likely …
More »Markets in February: Stocks up, gold down
Global markets continue to grow, but at a slower pace than in January The average yield of universal pension funds in our country slightly decreases SOXIF performs worse than global markets in the first two months of 2019 The price of gold falls at the end of February February, like January, was quite good …
More »What happened in the markets in January 2019?
Welcome to our newest column, with which we are expanding the content related to the Virtual Pension Fund and our Pension Reform for the Young. Within the new column "Market Commentary", the editor-in-chief of EKIP Georgi Vuldjev, who is also the chairman of the board of our modest Virtual Pension Fund, will provide short monthly …
More »Was Trump the cause of the bloodbath in the markets?
His comments about the vulnerability of the US Treasury to service its debts due to the Fed sent the yield on 10-year US government bonds to a seven-year high. On Wednesday, US indices had their worst session since February. Then, in one day, the index of blue chips, or the largest US corporations, the Dow Jones erased …
More »Short sellers don't destroy value, Elon - they preserve it
They save the capital invested in emotionally charged, unfunded projects like yours by liquidating it in time before it depreciates. The tech messiah has struck again. Last Friday, Tesla CEO Elon Musk decided to play smart and pour fire and brimstone on Twitter at the financial markets regulator in …
More »Ep. 2: What did our Virtual Pension Fund achieve in April?
00:20 - Who are we, what is the purpose of this podcast, what will we talk about in this episode? 07:25 - What is the EKIP Virtual Pension Fund and what return did it achieve in April? 21:30 - Response to feedback and questions we received after the first episode of the podcast. 31:08 - What …
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EKIP– Expert Club for Economics and Politics A Different Opinion