By Edward, 13 September, 2024

Since the beginning of this year, with the continuous decline of the A-share market, a large number of financial products, dubbed "Snowball" products, suddenly appeared on the market and experienced a wave of forced liquidations. This not only caused substantial losses for many high-net-worth individuals, wiping out their capital but also became a significant force further driving the market downturn.

By Edward, 27 August, 2024

The Federal Reserve. Arguably the most influential institution in the world when it comes to financial markets. A slight misstep in its policies led to the worst global economic depression of the 20th century. Its stimulus packages fueled a bull market in the U.S. stock market for over a decade. A slight lapse in its regulatory oversight led to multiple financial tsunamis.

The decisions made by this group of twelve individuals during their meetings can impact the global economy. And for such an important institution, it even has shareholders and pays annual dividends.

By Edward, 23 August, 2024

Web 3.0: Future or Scam?

Hi everyone, today we're going to delve into a complex topic: Web 3.0. You've probably been hearing about it everywhere since 2021. It seems like overnight, it became the talk of the town, touted by various media outlets as the future of the internet. Many of my former colleagues in investment banking even quit their jobs to pursue opportunities in Web3. With all the hype and buzzwords surrounding it, what exactly is Web 3.0? More importantly, where are we in its development?

By Edward, 7 July, 2024

Setting the Stage: Hyperinflation Throughout History

Look at this. It's Germany in 1923. People were using banknotes to wallpaper their houses, even to start fires. The German mark became worthless, not even suitable for toilet paper. Prices were doubling every two days on average. The annual inflation rate reached…

By Edward, 22 June, 2024

Hi everyone, today let's talk about a very interesting country: South Korea.

In 1960, South Korea was one of the poorest countries in the world. Its GDP was only one-third of North Korea's. However, in the short span of 30 years, its economy skyrocketed with a GDP growth rate close to 10% annually. It nurtured globally renowned companies like Samsung and Hyundai, and its entertainment industry captivated the world. South Korea became the 12th largest economy globally.

By Edward, 9 June, 2024

A History of Stability and Growth

Hi there, let's talk about Singapore. This small nation has weathered numerous economic storms, including the 1997 Asian financial crisis and the 2008 subprime mortgage crisis, emerging relatively unscathed. Its economic growth over the past two decades has been remarkable and consistent, a feat rarely seen among developed economies. Singapore's GDP per capita has even surpassed that of Japan, a former economic powerhouse.

By Edward, 1 June, 2024

The End of Negative Interest Rates: Decoding the Impact of Japan's Historic Policy Shift

For the first time in 17 years, the Bank of Japan (BOJ), the last bastion of negative interest rates globally, has raised its key interest rate from -0.1% to a range of 0% to 0.1%. This seemingly small step marks a significant shift in Japan's monetary policy, signaling the end of an era.

By Edward, 1 June, 2024

Hi, do you know what the world's most profitable fund in 2023 invests in? It doesn't buy stocks, nor does it buy cryptocurrencies. It's a very mysterious financial product called a catastrophe bond.

Catastrophe Bond: What is it?

You might be wondering, "What kind of bond?" A catastrophe bond is a bond tied to major disasters. It's also known as a "Cat Bond" for short. In 2023, its return reached 20%.