On March 22nd, we celebrate World Water Day, a reminder of water’s essential role in sustaining life on Earth. Its importance is even clearer in the search for extraterrestrial life. Scientists often look for the presence of water when assessing whether a planet might support life. This underscores a simple truth: life cannot exist without water. If we recognize its significanc ...
#MacroFriday: Fed Raises Inflation Expectations and Sees Growth Slowing
On Wednesday, the Federal Reserve kept its policy rate unchanged at 4.25%–4.5%. Yet the latest FOMC economic projections highlight growing uncertainty in the U.S. economy since President Trump’s inauguration. In his post-meeting remarks, Fed Chair Powell acknowledged significant uncertainty surrounding the potential impact of Trump’s economic and trade policies. FOMC particip ...
Fiery Flash: Oxford Nanopore rebounds as investors look at the stars
Our Fiery Flash of the week is Oxford Nanopore Technologies, whose stock has shown a remarkable recovery over the past week. Now trading at 114 pence, the stock has climbed approximately 14% compared to its closing price at the end of last week. This rebound comes after a long period of decline since the company’s IPO in 2021, during which the stock lost up to 85% of its value. ...
#MacroFriday: German bund yield posts largest one-day jump in 35 years
The incoming German government, a coalition of conservatives (CDU/CSU) and social democrats (SPD), has proposed a major overhaul of its debt rule to accommodate increased defense spending and a €500 billion infrastructure program. Future Chancellor Friedrich Merz even framed it as Germany’s own ‘Whatever it takes’ moment to safeguard the country. While these investments will be ...
Young money: How my generation is reshaping investing
A rockstar internship at Econopolis As a 22-year-old with a passion for financial markets, I am always on the lookout for companies shaping the future of our economy. During my internship at Econopolis, I have the opportunity to dive deeper into investment research, analyzing businesses that are not only financially sound but also align with sustainable and forward-looking tren ...
While Trump hits the brakes, Europe hits the gas
In a world where defense budgets skyrocket, AI steals the spotlight, and geopolitics dictate the news, climate policy seems to be taking a backseat. But one thing remains crystal clear: Europe’s energy dependence is as strong as ever. And when it comes to Liquefied Natural Gas (LNG), that dependency has two familiar faces – the United States and Russia. They say, “When you face ...
Fiery Flash: Not the stock chart Adobe had designed
Our Fiery Flash of the Week is Adobe, whose stock plunged more than 15% over the past week and roughly 34% over the past year, despite consistently exceeding earnings expectations. The recent sharp decline, triggered by Adobe's latest earnings release, has heightened investor concerns around the company's strategic direction and market positioning. Key factors behind this downt ...
#MacroFriday: Trump's proposed trade policy could result in highest tariff rate since the 1940's
Choosing a topic for this week’s #MacroFriday wasn’t easy, as significant macroeconomic developments continue to unfold: the start of China’s Two Sessions, Germany’s "Whatever It Takes" moment and the historic jump in its 10-year yield, another ECB rate cut, and ongoing stock market volatility. In the end, I decided to focus on the implementation of trade tariffs and how this c ...
Beyond Efficient Markets
Market efficiency under pressure In recent weeks, someone pointed me to an interesting paper written late last year by Clifford Asness, managing principal at AQR Capital Management in Greenwich, CT. The paper, titled The Less-Efficient Market Hypothesis, is about twenty pages long, and I felt it was a must-read. The paper presents a compelling argument that, over the past three ...
Burn and churn or mine and refine? Why the clean transition means less extraction
A common misconception is that the climate transition will drastically increase mining. While clean technologies do require critical raw materials, the comparison should not be with an imagined world without mining but with our current system: one that continuously extracts and burns enormous amounts of fossil fuels. Today, billions of tons of oil, gas, and coal are extracted e ...