Markets

No crowds. Only a handful of shops open. Lounges are dead.

Rather than using leverage as a financing tool to grow business, a large part of leverage today is being mis-used as a product by bankers to profit from greedy customers who want to achieve outsized investment returns.

Do I think an investment into crypto or bitcoin take off? I do not know. More important than what I think is actually what others think.

The reality that Hong Kong now has to go out at length to advertise itself reveals how much its economic environment has deteriorated over the last few years.

Our lack of understanding in how different countries are being governed are rooted in bias, largely based on what we are familiar with and what we are not.

Without connecting the numbers to a story, projecting cash flows simply becomes an emotionless exercise of numbers.

So, none of this makes sense anymore. For a long time, offshore financing - which was predominantly priced off the LIBOR or overnight...

If the central banks got it wrong on monetary policy, can we also assume that the valuation models that we have done and relied on for the last two decades are also flawed?

To revamp today's highly complex financial system using bitcoin or any crypto-alternative would simply take too much work involving several iterations of monetary reforms, even an astronomical "reset" on the global system, sending us all back to the barter economy.

In 1990, a psychologist quoted in the New York Times reported that people “turn on the TV when they feel sad, lonely, upset or worried,...

With so much negativity around closed-up economies, city lockdowns, finding a vaccine, one can't help but wonder why valuations - especially

Zoom may permanently alter business travel, which accounts for a significant portion of aviation revenues.