Igor Kuchma

Fears of a second wave of COVID-19 haven been overshadowed by the possibility of a broader armed conflict between Armenia and Azerbaijan over the breakaway Nagorno-Karabakh region. Multiple countries have already called on Yerevan and Baku to end hostilities and immediately restart dialog, but the escalation continues. Turkey already said they support Azerbaijan, meanwhile, Russia […]

The market continues its correction with the mega-cap stocks, S&P 500, Nasdaq Composite, and the Dow Jones Industrial Average losing a bit of momentum. Сongress still can’t reach an agreement on a new stimulus package. President Trump approved the proposed deal to keep TikTok operating in the US, meanwhile, the Fed left its rates unchanged. […]

The hurricane season continues in the Atlantic Ocean, forcing the National Hurricane Center to issue an alert for residents of the northern Gulf Coast given the projected path of Tropical Storm Sally. Tropical Storm Sally could hit somewhere along the Mississippi Coast by Tuesday morning. France is once again facing Yellow Vests protests in Paris […]

The moment we all have been waiting for has finally come – the U.S. market began its correction, with tech-heavy Nasdaq registering its biggest one-day selloff since June. S&P 500 Index lost 2,31%, Nasdaq fell 3,27%, DJI decreased 1,82%, whereas volatility surged 33,93%. Yet the options boom means that the US stock market remains vulnerable […]

Japan’s Prime Minister Shinzo Abe resigns for health reasons, DJI is now +0,40% on YTD basis, the S&P 500 and the Nasdaq reached new highs, meanwhile the Fed confirmed its plans to keep interest rates low for the near future. Only in coronavirus cases, Europe is over performing the US. The old continent is experimenting […]

As is customary, the summer will end with the US Gulf Coast facing two potential hurricanes – Marco and Laura. The double threat has already caused evacuations on off-shore energy platforms, and about 13% of oil and 4% of natural gas production have been shut-in. More than 45% of America’s fuel refining capacity is located […]

Barcelona lost 2-8 to Bayern Munich, Belarusians are suffering from Europe’s ‘last dictator’, Republicans and Democrats can’t agree on the fifth stimulus relief package, meanwhile U.S./China trade discussions were postponed. The bull party in Wall Street had been still further encouraged by the news of the Russian coronavirus vaccine. The problem is that the world’s […]

Despite the fact that the new stimulus package hasn’t been approved yet, S&P 500 continues to grow further to the moon, meanwhile the Nasdaq has already surpassed its last week record. Probably, it can be contributed to a drop in the US dollar and strong earnings results (especially by the companies from the Health Care […]

This week we have learned that the first economy registered the worst contraction, whatsoever. Real gross domestic product decreased at an annual rate of 32.9 percent in the second quarter of 2020. This was the result of so-called quarantine measures issued in March and April. Without any doubt, the situation could have been even worse […]

>Major world stock indexes closed on Friday in positive territory on the prospects of more stimulus in Europe and the US. One of the biggest losers was Netflix (-10%) amid expectations that subscriber growth would slow in the second half of the year. Facebook, meanwhile, has totally recovered from its recent loss and is growing […]