Do stock option programs distort valuation ratios?

The distribution of shares, usually free of charge, to business executives is experiencing a great boom, as a reward for the work they have done in previous years. As a move, it is considered positive, both by investors and analysts, as long as not only executives are rewarded, but also shareholders. This is because it …

The devalued dollar will cause prices to soar in all commodities

Should we get used to the idea that financial markets are operating on the back of a weak dollar? This is the biggest reversal of conventional investment wisdom since the end of World War II. The dollar has weathered many crises, of course, but this time the stakes are high! What is particularly noteworthy – …

China: Asks the US for a “soft” dollar exchange rate in return

The real cause of the US-China trade war is the dollar. Namely, the dollar/renminbi exchange rate. This may seem paradoxical as tariffs have skyrocketed to levels unthinkable in the recent past and the free trade agreement on both sides of the US-China trade war. What needs to be considered is a high-stakes macroeconomic agreement between …

The bursting of the tech bubble will lead to new investment horizons

For 49% of fund managers, gold is the most crowded investment (i.e. when many investors adopt a particular strategy). This is the first time in 2 years that the Magnificent 7 technology stocks have lagged in the research on investment strategies. However, there is a problem. These fund managers clearly do not know much about …

Trump’s Game Theory Sweeps the International Order

The United States has always been the leader of the free world. Certainly, after the extreme swings of recent weeks, it seems that the worst-case scenario regarding tariffs has been averted. However, we should not forget that tariff levels are still significantly higher than they were before Trump’s “Liberation Day,” even if they are not …

Will Trump’s trade war boost dedollarization? – Gold rally

The dollar has long enjoyed its status as the world’s top reserve currency, although President Donald Trump’s recent trade policies have sparked debate about its future dominance. At the same time, gold’s rally is shaping the emerging monetary order that will emerge after the great instability. The strength of the dollar and its associated role …

Trade war is coming, consumer confidence is leaving – ECB survey

One doesn’t have to be a big economist to conclude that as concerns about geopolitical tensions intensify, consumer confidence is being hit harder. A striking example is what is happening in the US, where the trade war declared by Trump has dragged consumer confidence into tatters. Specifically, based on a new measurement by the University …

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