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The much-touted high potency of the vaccine from Pfizer and BioNTech has had more positive impacts on the markets than one might imagine, but being overly optimistic today could be a big failure tomorrow. If further trials of the vaccine show weaker results and/or difficulties arise in its productio... Lire la suite

Trump lost the battle for a second term, but this is his fault. Even if we take into account that the average American voter is indifferent to foreign policy and almost does not notice economic reforms, the country did not forgive the president for the failure of the fight against the coronavirus (2... Lire la suite

From the events of the past week, we note: ECB & Euro The policy remains unchanged, but public documents indicate the possibility of adjusting monetary stimulus at the December meeting after the formulation of new forecasts and a reassessment of the risk balance for the outlook. Lady Christin... Lire la suite

A «soap opera» is underway to reach an agreement on a fiscal stimulus package involving the Trump administration and Democrats. Promises of a compromise have supported the US stock market for quite some time, which was beneficial to Trump. However, Speaker Pelosi's statement about the lack of full a... Lire la suite

So … Brexit The downgrade of Britain's global rating by Moody’s agency confirms the complete failure of the foreign and domestic policy of the Johnson government. As expected, the EU leaders' summit decided that the current progress is not enough to start the final «tunnel» negotiations, the ... Lire la suite