Resilience Ratings of major markets are reported in the table below. Analysis performed on 31/12/2015. The results are presented without comments. Resilience is the capacity to absorb shocks or destabilizing events, such as financial contagion, stock market collapses, market bubbles, natural disasters or geopolitical events. Opposite of fragility, resilience provides an indication of…
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…
Over the past twelve months we’ve had the Ruble crisis, the plummeting oil prices, the Ukraine crisis, the Greek referendum and elections, the Chinese markets plunge and, recently, the Volkswagen scandal. Which hit the hardest? How do you measure the intensity of a crisis? How do you measure the response of the economy in…
China has made headlines recently when it devalued the Yuan and when its stock markets fell. By mid-July the Shanghai market was down by about 30%. At the end of July another fall of over 8% has been recorded. The stocks of global companies that rely on the Chinese market lost approximately $ 4…
The GDP of Greece accounts for a very small percentage of that of the Eurozone. And yet, the magnitude of the reaction that the Greek crisis is inducing in the markets and in the media is certainly out of proportion. The amount of market capitalization that has been lost in the past few days exceeds…
Over the past few months stock markets have been registering very positive performance. Some analysts claim the markets are in a bubble condition. Bubbles can emerge from cognitive biases, herd behaviour and involve positive feedback loops which accelerate bubble growth. The S&P, for example, has tripled since its low in 2009. Since the 1990s, the…
Arduino is an open-source electronics platform based on easy-to-use hardware and software. It’s intended for anyone making interactive projects, see TED video. Arduino boards (see list here) come in numerous types and may be connected to a wide variety of inputs (sensors, devices) and outputs (actuators, devices, computers). For example, the Arduino Fio boardis…
Sustainability is a popular subject nowadays Sustainability implies permanence, a sort of steady-state, almost some kind of equilibrium. However, in today’s world, speaking of permanence or steady state is a contradiction to say the least. From an energetic-thermodynamic standpoint a system or a process is sustainable if there is sufficient long-term energy supply to keep…
Blog written on February 3-rd, 2015. After the anti-bailout party has won the elections in Greece, global stock indices have edged up and the Euro has rebounded. The reaction of the markets appears to be, after much trepidation, mild, almost nonexistent. Has the Syriza-effect been compensated by the ECB’s money-printing programme? It is too early…
Blog written on January 12-th, 2015. In a recent article “Why The Next Stock Market Crash Will Happen Any Day Now” it is claimed that a massive stock market crash (down by 50%) will happen any day now. Based on past crash patterns it is said that we are on the verge of another huge…
