The recent blocage of the Suez canal https://www.suezcanal.gov.eg/English/Pages/default.aspx once again showed us the fragility of maritime transport and the dependence of world trade on a few routes What is the problem What happened was that a 400 meter giant cargo...
We are living through a period of irrational exuberance in the markets. Beginning of the year, NY Times (www.nytimes.com) journalists N. Irwin and W. Cai made the following observation:” The central, befuddling economic reality of the U.S. is that everything is...
For the past four months, we have been witnessing a rapid rise in world stock markets, especially in the U.S. From their lows at the beginning of the COVID-19 crisis, major indexes have rallied between 20-30%. Some technology names have doubled (Amazon), tripled...
The USD has been losing value against the Yen, Euro and the CHF for the past month! Meanwhile currency traders apparently have not yet started their summer holidays. As a result, the usual doomsday scenarios for the end of USD supremacy have been taken out of...
A great piece by Thomas Friedman of the New York Times. In summary, he talks about how humanity created in the past 40 years the conditions that are causing havoc in the world. I totally agree with Mr. Friedman, that in a race for productivity, globalization,...
Abandoning tourism as we know it Responsible tourism and the environmental impact of tourism are hot topics that come along with the profound changes in the travel industry of our time. Environmentalists and eco-friendly influencers and journalists have become...
With a solid experience in finance and economics, I would like to share my knowledge and know-how with the young generation, the leaders of tomorrow through my blog.
If you have any content suggestions or comments I will be glad to hear from you.
Ahmet Gokay
