Nothing can come from the ‘North Korean situation’, but the rising prices of raw materials, especially crude oil. Cliff Kupchan, chairman and analyst at the…
Posts by Zentuccio
Just stay calm!
The reason why capital markets are calm and exchange rates are increasing is that the world economy keeps getting stronger. It is especially true for…
We have to survive the impossible
Nothing can come from the ‘North Korean situation’, but the rising prices of raw materials, especially crude oil. Cliff Kupchan, chairman and analyst at the…
The deadly labour market
Even though the American labour market is more flexible and has a higher employment rate than the Western European, on average, American workers still perform…
The unlikely war
The dictator of North Korea does not want war but to maintain his regime undisturbed. He believes that nuclear weaponry is a key to it…
What if this unlikely war does break out? (2.)
World economy and the global financial world could end up in a deep crisis, more severe than the one in 2007-2008, after a series of…
Is Europe hopeless?
Greece and Italy could still go bankrupt and leave the eurozone. The majority of the members of EU cannot produce stable growth; currently there are…
No innovation, no growth
The author of the bestseller Rise and Fall of American Growth, which studies the past two hundred years of the American economy, says that the…
’Hungary is one of the best regions’
Hungary and its region, in general, perform better economically and financially than Western Europe. Foreign investors more and more favour us; they ignore high politics….
Only 11 months until happy ending
Fed’s interest rate rises that were expected for this year are postponed. Europe will solve its current crisis just like it managed to deal with…
Saving Europe from falling apart is in North America’s interest
The decreasing significance of oil is both a blessing and a curse for North America. It is a blessing because Americans who used to be…
The downfall of the monetary system
A former economist at Deutsche Bank, which has been having troubles, predicts inflation and global recession. Thomas Mayer, who is one of the founders of…
Stronger protectionism and growing optimism
If protectionists win over globalists, the world’s GDP will be 44 trillion dollars less than if globalists won. This is one of the results of…
The super-rich: who are they, where do they come from, where are they going?
In the next five years, the number of individuals with at least 30 million dollars net worth will increase at a significant rate. This is…
Stronger dollar is a bad omen
Ole Hansen, Head of Commodity Strategy at the Dutch Saxo Bank expects a permanent gold rally. In the interview he gave to Alapblog.hu he talks…
Crisis a la Italy – again
It seems that the most indebted country in the euro zone (130% debt to GDP) will hold early parliamentary elections in a couple of months….
Man and machine: who will be the victor?
The unstoppable advancement of automatization and robotization has foreseeable and unforeseeable consequences. Our interviewee, Jonathan Ruane an expert in this field and researcher at Massachusetts…
China, the good
The ’New Silk Road’ project is nothing else but globalization ‘recharged’. China has no super-power ambitions; Beijing based the whole project on righteousness and fair…
Globalization is over – or is it?
Donald Trump could soon cancel Chinese steel import and declare China’s growing global economic role as a national security threat. This and other protectionist measures…
Government bailout for Deutsche Bank – a political suicide?
The German government would undermine its credibility if it spent tax payers’ money on trying to save Deutsche Bank, the German financial institution that has…
OPEC-Poker
A probable OPEC agreement – to which Russia too would join – could lead to a significant price increase of crude oil; however, such an…
Poverty makes you richer?
The results of a research done by an American and an Australian professor suggest that fund managers raised in less wealthy environments perform better and…
Clinton or Trump? It does not make a difference.
No significant change in the American economic policy is expected, so the results of the presidential elections will not affect the stock exchange either. Economists…
What more and more governments are profiting from: the settlement permit
It is not necessarily right that those who purchased settlement permit or even citizenship, enjoy the same benefits of the fundamental rights within the EU,…
Follow S&P 500, and you will know who wins the elections
From share prices, we can predict whether Donald Trump or Hillary Clinton will be the new resident of the White House. Jeff Hirsch, editor-in-chief at…
Neither Clinton nor Trump is certain – only recession is
Peter Boockvar, leading strategist of The Lindsey Group, and commentator at CNBC says that the artificially inflated ‘bull market’ will end after the presidential elections….
The consequences are unpredictable – interview with Tibor Navracsics
We have to make it clear that maintaining EU member status and continuing integration are primary strategic points – even for Hungary too. A common…
The downfall of the monetary system
A former economist at Deutsche Bank, which has been having troubles, predicts inflation and global recession. Thomas Mayer, who is one of the founders of…
The oil-era might be over, but we cannot give up on oil
There is a dramatic transformation on the world’s energy market; a new era is about to begin. However, in the medium term, oil prices tend…
The age of uncertainty
The rise in the price of gold and silver seems to be steady and lasting. The coming inflation, the negative government bond yield, the lack…
Germany’s actions – a failure or success?
In a recently published study, OECD, the international organisation specialised in analysing the economic cooperation between the developed countries, praises Germany for efficiently integration refugees….
Risks and fears in 2016
One of America’s most influential risk research firms, Eurasia Group, does not see another great war erupting; however, they expect the further decline of world…
Exchange your forint to gold! – An interview with the ’king of raw material markets’
A more balanced raw material market is predicted for the next period by Dennis Gartman. The American expert, who has been following the raw material…
The state should stay out of economy – interview with the wealthiest man of Central Europe
According to Jan Kulczyk politics based on national egotism is the main restraint of Europe’s economic growth, and it is the reason behind the Russian-Ukrainian…
Southern Europe down, Central Europe up
Central Europe has been developing at a remarkable rate; the area’s economic significance in Europe has grown by five percent over the past eight years,…
Europe and Japan – the two favourites of this year?
Great Britain will more likely to remain in the EU, than leaving it; Europe managing the migrant crisis has a higher chance, than being crushed…
Do not speculate on the stock markets this year – sit back and wait instead!
In the history of stock exchange, years like this have always ended poorly. The Editor in chief at Stock Trader’s Almanac, the annual of the…
The end of the German hegemony
The German value system, which not long ago filled Europe with fear, has started eroding. The curtailment policy of Germans – in the ‘money rain’…
Will Finland leave the euro-zone?
One of the leading economist of Finland thinks that the recent seemingly serious advices are absurdity – to reintroduce Finnish markka so it could be…
Cheap petrol – is it good or bad?
Serious tax hikes on petrol, and cutting subsidies on oil itself and its derivatives are demanded by Jeffrey Frankel, who used to be Chief Economist…
Beware of China!
The Chinese bubble will keep inflating, and after a short pause, currency peaks will be broken in Shanghai, Hong Kong, and the depreciation of the…
Down with the monopoly of central banks!
Thorste Polleit, a German investment and economy expert elaborates on the topic pointed out in the title. The professor of Frankfurt School of Finance and…
Fifteen percent fall on DAX?
The future developments on stock markets are rather dark as predicted by Dirk Müller, investor in Switzerland, Germany, and Austria, who is also the owner…
Greece will leave the euro-zone this autumn?
The London-based Capital Economics, which offers advice to the world’s leading investors, believes that the Greek exit from the euro-zone is inevitable despite the agreements….
Integration of migrants– it will not be easy or cheap
According to the most modest calculations, the German budget will have to spend 10 billion euros this year on the temporary housing and care of…
Unprecedented challenges… But can we solve them?
In Europe and the developing markets economic and financial problems are outweighed by political problems. The current atmosphere favours to the spread of nationalism, which…
Fed and Germany should send a positive message to world economy!
Increase interest-rates – today if possible! – urges the economist and key advisor of the management at Allianz. Michael Heise is not influenced by any…
The other side of the coin
In terms of ‘exchange rate/result’, a hundreds-of-dollars per ounce drop is forecasted by one of the most influential expert of the field. The publications of…
A differently unorthodox central banker
The manipulation of foreign currency exchange rates is easily within the limit of the central bank’s toolkit – says Mojmir Hampl, Vice-Governor of the Czech…
S&P – Still cautious about Hungary, and optimistic about Poland
We do not change either Hungary’s or Poland’s credit rating: the first is still not, and the latter still remains in the category recommended for…
The year of the gold – again?
In terms of gold, next year will be as good as bad last year was – says Dennis Gartman, famous editor and publisher at CNBC,…
The year of the silver
Serious foodstuffs and oil price rises and the weakening of the dollar is forecast by the chief economist and CIO of the Danish – with…
A new shadow is over car manufacturers – the revenge of VW
We can feel safer in a car in Europe, than in America. Essentially, this is the function of the new device invented by researchers of…
Oil or gold – it does not make any difference. Or does it?
Stable economic growth and steady price increase is predicted for America and China by the experts of Capital Economics. We asked the oil and gold…
Early retirement is good for you and the government budget too!
Raising retirement age can cause unpredictable damages to healthcare systems; damages greater than the problems threatening state pension if the minimum age remains lower. Aspen…
The Migrant Issue: One Side of the Same Coin
Thousands of migrants will be able to be integrated into European societies; resulting in benefits in the process – says Phillippe Legrain, an analyst of…
Crime and Punishment
’’My cautious and modest optimism is primarily fuelled by the fact that in today’s internet based information society, knowledge and information spread at such a…
The Solution for the Immigrant Crisis
The majority of Turkey expects a clear indication from the EU whether their country can join to the community. Our interviewee, Sinan Ülgen, chairman of…
China is not the only problem. It is Poland too.
What happened in the last thirteen months is unbelievable: almost one and a half billion dollar capital left the emerging markets. This is the double…
Euro is the name of the new safe-haven currency. Or is it?
Euro performs surprisingly well in the current financial storms, though, our according to our interviewee, market players who deem euro to be the new ‘safe-haven’,…