There were two articles in the news on social media recently, one from CNBC on how most trending videos in India on YouTube are often overwhelmingly hoaxes (click
here to read it) and another from the BBC on how UN investigators have said the use of Facebook played a “determining role” in stirring up trouble in Myanmar (click here to read it).
The use of Facebook data to target voters and change election outcomes has triggered massive outrage globally but that isn’t the only bad thing Facebook has done.
Continue reading “The biggest danger of social media is the way it has and continues to be used as a propaganda machine”
The Federal Reserve under new chairman Jerome Powell approved a 0.25% hike that puts the new benchmark funds rate at a target of 1.5% to 1.75%.
There was once a time when no one knew what to expect when Central Bankers met. Times have entirely changed, they are so predictable.
Continue reading “As LIBOR moves upwards, Central Banks remain so predictable”
How often do analysts get the markets wrong? How often to fund managers get stock picks wrong? They get things wrong far more often then they get it right.
2017 was probably the worst year for hedge funds. And the start of 2018 isn’t turning out to be any better.
The problem probably lies with everyone focussing on the business cycle rather than the structural factors driving the markets.
Continue reading “Markets should ignore cyclical factors and focus at the structural factors instead”
Sweden is an amazing country. It is the country where Ikea, Skype, Spotify, Ericsson, Mojang (of the Minecraft fame) were founded and the country of the world’s oldest Central bank Sveriges Riksbank.
It is also the country with the highest Value Added Tax (VAT) rate and amongst the highest income tax rates.
We look at the Swedish economic model and what makes it unique and whether the economic model could be considered as a role model for the world.
Continue reading “What makes the Swedish economy unique and should the world follow its economic model?”
Thanks again to everyone reading this and contributing to the success of this website. We have had an amazing first 75 days and would like to share what we have learnt, and we hope you will learn something new from what we learnt.
In part 1 of this series, we cover visitors and visitor interaction.
Continue reading “What we have learnt in 75 days of this site – Part 1: Visitors and visitor interaction”
A massive thank you to all readers of this website.
We are pleased to report that we are now amongst the top 0.5% most visited websites in the world as per the latest Alexa rankings. This site was only registered on December 31, 2017 and this is truly an amazing achievement within 75 days.
We couldn’t have done this without you and thank you for being part of our success story.
It isn’t over until it is over. This time it is different for cryptocurrencies.
Continue reading “This time it is different for cryptocurrencies”
The company has had an annualized 60% staff turnover rate at the top management level.
The CEO fired the COO because they disagreed on certain subjects.
Continue reading “Would you lend money to this company? Answers in the comments …”
1. Hong Kong’s Hang Seng Index is up 34% over the past year.
2. Tencent Holdings (the owner of WeChat – the WhatsApp equivalent in China and several other things) is up 116% over the last year. It is currently worth over $550 billion and is most valuable social media company (bigger than Facebook).
3. Ping An Insurance (Ping An Insurance Group Company of China Ltd) is now the world’s largest and most valuable insurance company. Its stock is up 110% over the year. Continue reading “Here are some interesting things you may have missed in the equity, commodity, currency and bond markets”
Here are the income tax rates (in % including regional surcharges) for the maximum tiered income slab for each country in ascending order of tax rate,
Maximum Income Tax Rate (%)
Continue reading “Income tax rates around the world”