On March 3rd, I wrote here on the blog: “My advice is that if you are “a freshcomer”, do not enter the stock market now, even if you may feel that you have missed the opportunity of the lifetime. “ I still insist theat in these days, the risk-return duo remains only suitable for short-term traders. Since then, stock markets […]

The contagion has reached the forint

I wrote the following summary for the World Economy on Monday 30 March, and these articles are always published here with a one-day delay. Everyone's focused on technical levels 370-375 by now. The exponential phase of currency crises is causing huge swings, even within days. Rand and South African bonds are only one of the first dominoes right now, the question is whether panic or firefighters will be faster.

You don’t have to be financial guru to fix your finances

Financial planning: in previous posts, we reminded that most of the population still expects the state pension scheme and does not have an emergency plan. Then we promised a long life, and we decided that there would be something to live acceptablely for a long time. Then, through two life-smelling examples, we began to recognize […]

Chinese concerns

The length of the coronavirus epidemic determines the extent of the decline in the Chinese and the world economy. The first domino escapade is expected to be soon in the global supply chain. Most analysts also agree that the biggest problem will be caused by the epidemic in the first three months of the year. Manufacturing, retail and tourism will suffer the relegation, but there will also be winners, such as the pharmaceutical industry.