Swissquote, The Rising FinTech Player
In 1990, Marc Bürki and Paolo Buzzi founded Marvel Communications SA, an enterprise that focused on financial software and web applications. Marvel would form the foundation for Swissquote (founded in 1996), an enterprise that promised to be the world’s most pioneering and intuitive online bank.
Go Deeper (8 min read)The Fed Blunders, Again
After a relatively large miscalculation of inflation, supply chain bottlenecks and labour shortages, the Fed is now trying to work back against some of its mistakes. Yet, this time, many investors fear that the Fed might act too strongly and push the economy into recession.
Go Deeper (2 min read)Cheaper Valuations May Boost Stocks
In 2021, the S&P 500 gained 27%, capping a third year of double-digit gains. Stocks are still cheaper than a year ago: the S&P 500 is currently selling at 21 times analysts' estimated earnings for the next 12 months, down from 22.8 times at the end of 2020.
Go Deeper (3 min read)Stock Pickers' Weak Performance
The January meme-stock mania and a rally in smaller and cheaper stocks boosted optimism that active investing would make a comeback this year. However, as the year comes to a close, most professional stock pickers are finding themselves at the same spot, again: lagging the S&P 500 index.
Go Deeper (2 min read)Starboard Takes A 6.5% Stake In GoDaddy
activist investor Starboard Value LP has purchased a 6.5% interest in web services provider GoDaddy valued at around $800 million and accounting for around 10,000 shares. This became Starboard's largest holding.
Go Deeper (1 min read)
A New Hawkish Normal
As it confronts growing inflation pressures, Federal Reserve Chairman Jerome Powell suggested on Tuesday that the central bank may remove its support faster than initially planned.
Go Deeper (3 min read)
Buying (At) Discount Stores?
Spending at discount stores increased by 65% in the week ending November 7 compared to the same period last year, according credit and debit card transaction data from Facteus which was first reported by Bloomberg.
Go Deeper (2 min read)
Inflation Sticks But Is Growth Sustainable?
Producer prices in the United States surged significantly in October, owing to rising costs for gasoline and motor vehicle retailing, implying that high inflation may linger for some time due to the pandemic's tight supply chains.
Go Deeper (2 min read)
Southeast Asia's Huge Leap Forward
Since the start of the coronavirus pandemic, the region has added 60 million new internet users, bringing the total to 440 million, according to a report by Alphabet's Google, Singapore state investor Temasek Holdings, and global business consultants Bain & Company.
Go Deeper (3 min read)
Rivian, A Bubble?
Rivian Automotive will go public on Wednesday, in what is believed to be one of the year's biggest IPOs. The stock is expected to open at $125 per share, implying a valuation of up to $107 billion and a 60 percent increase above its IPO price of $78 per share.
Go Deeper (2 min read)
The Fed's Dovish Taper
The Federal Reserve said on Wednesday that it will begin reducing its monthly asset purchases this month, with plans to terminate them in 2022, signalling the start of its tightening cycle.
Go Deeper (2 min read)
