The EU28 Resistance-to-Shocks (RtS) ratings. To navigate the Complexity Maps, click on the corresponding icon. Hover and click the mouse pointer over the squares on the map. The resilience (robustness) ranking is as follows: Analysis performed…
In a 2015 United Nations Trade and Development Conference report “Trade Slowdown” one reads: ‘As of 2014 the trends in international trade were largely driven by the sluggish economic growth and the persisting economic and political turmoil in various part of the world. From 2011 to 2014 world trade grew at a rate of less…
It is known that Deutsche Bank is in trouble and, according to some, it poses a huge threat to the stability of the global financial system. Read here. On October 29-th, 2015, “The Bank announced a series of measures to reduce complexity and costs” and that the strategic goal was to “Make Deutsche Bank simpler and more efficient”.…
‘Big Data’ is a popular subject nowadays. Here is what Wikipedia says on the subject: “Big data is a term for data sets that are so large or complex that traditional data processing applications are inadequate. Challenges include analysis, capture, data curation, search, sharing, storage, transfer, visualization, querying, updating and information privacy.” and “Big data…
Short interview with Dr. J. Marczyk, the co-founder and Executive Chairman of Singapore-based Universal Ratings Pte Ltd. See video here.
The Global Financial Complexity Index™ (GFCI™) is a meta-index which measures the complexity of the global financial system. The GFCI™ is based on the closing values of the indices of the World’s main market indices and is computed on a daily basis. Essential to the global investor, the GFCI™ measures the ‘temperature’ of the…
Why do most theorems in maths start by saying “let f(x) be a continuous differentiable function…”? Why do so many theorems in statistics assume a normal distribution? Why is it that in mechanics we tend to speak of small-amplitude oscillations around a position of equilibrium? Why is it that we neglect anything that has “epsilon…
Why over 90% of projects finish late? There is plenty of literature on the subject. This is a good example. In multi-project environments, such as the one illustrated below things can get very complex as project share resources (financial, manpower, equipment, etc.). When it comes to project costs, similar statements can be made.…
You only appreciate the importance of systemic analysis once you see the kind of new knowledge it delivers. There is much talk of systemic analysis in finance but there is very little research on the subject, not to mention a regulatory vacuum. We analyze stock markets on a daily basis. In particular, we focus on…
“…correlation is charlatanism” Photo: AP photo/Richard Drew “Anything that relies on correlation is charlatanism” is a great article. But is correlation charlatanism? Yes it is. But it is not for the reasons explained in the article. Here is why. Correlations are present everywhere. The concept of correlation is one of the key constructs of statistics,…
