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Latest Threads
Fiat Chrysler and PSA's m...
Forum: What's New (for Astra members)
Last Post: swany
09-15-2020, 09:28 AM
» Replies: 0
» Views: 23,400
Trump - climate arsonist
Forum: Casual
Last Post: swany
09-15-2020, 09:16 AM
» Replies: 0
» Views: 214
Turkey's falling Lira
Forum: What's New (for Astra members)
Last Post: timfoster10
07-29-2020, 10:28 AM
» Replies: 0
» Views: 3,987
Coronavirus India
Forum: Casual
Last Post: Guest
07-27-2020, 06:29 AM
» Replies: 1
» Views: 406
Tesla’s share price a bub...
Forum: Casual
Last Post: timfoster10
07-22-2020, 06:00 AM
» Replies: 2
» Views: 456
Australia and Hong Kong b...
Forum: Casual
Last Post: Shreya6
07-20-2020, 03:22 PM
» Replies: 3
» Views: 557
Blockchain and its discon...
Forum: What's New (for Astra members)
Last Post: timfoster10
07-20-2020, 06:10 AM
» Replies: 3
» Views: 5,997
NIO downgraded by Goldman
Forum: Casual
Last Post: Rsingh77
07-19-2020, 02:48 PM
» Replies: 2
» Views: 472
Should US ban TikTok?
Forum: Casual
Last Post: timfoster10
07-19-2020, 02:30 PM
» Replies: 11
» Views: 1,802
Best Quarter in a decade ...
Forum: What's New (for Astra members)
Last Post: JudyS17
07-19-2020, 01:37 PM
» Replies: 0
» Views: 4,110

 
  Fiat Chrysler and PSA's merger and the future of auto industry
Posted by: swany - 09-15-2020, 09:28 AM - Forum: What's New (for Astra members) - No Replies

Talks of PSA and Fiat Chrysler's 50 billion euros merger to preserve cash and weather the pandemic raises many important questions on the sustainability of the auto industry. There is a lot of duplication in the research and development behind every automaker's final product. Merging with another big firm is a solution to this but at what cost? Already the oligopolistic auto industry has faced many challenges since the turn of the previous decade, so who do you think will emerge from the pandemic relatively less scathed than others?


  Trump - climate arsonist
Posted by: swany - 09-15-2020, 09:16 AM - Forum: Casual - No Replies

Trump has blatantly claimed that the ongoing wildfires in California has nothing to do with climate change but instead were the result of poor forest management. Science disagrees to which Trump says "I don't think Science knows yet".


  Turkey's falling Lira
Posted by: timfoster10 - 07-29-2020, 10:28 AM - Forum: What's New (for Astra members) - No Replies

Despite selling massive amounts of the US dollar (in billions now) by the Central Bank, the Lira is continuing its plummet. With coronavirus far from over, will a shrinking foreign currency reserve prove a stab in the back for Turkey? Especially, after Turkey is taking short term borrowings just to maintain its Lira on a stable trajectory.


  Coronavirus India
Posted by: Rsingh77 - 07-27-2020, 06:14 AM - Forum: Casual - Replies (1)

Coronavirus in India is now the world’s fastest growing epidemic and India is slowly becoming the epicentre of the virus. The initial lockdown was a major failure and now public fatigue has kicked in. Social distancing is not being followed adequately, lockdowns are much less strict and slowly its going back to business as usual. However, cases are growing exponentially with the current daily increase in cases being 40k. The most worrying detail is that India is no way near it’s peak. Does anyone have any idea as to what the government can do to help curb the spread of the virus? Is India doomed?


  NIO downgraded by Goldman
Posted by: Jonas10 - 07-19-2020, 02:40 PM - Forum: Casual - Replies (2)

GS recently downgraded NIO from a hold to a sell stock and the price dropped by 14 percent. This is the third time this month that GS has changed NIO's rating. This is clearly market manipulation, what is the SEC doing?? 
ps- GS owns a 1.2 percent stake in NIO


  Blockchain and its discontents
Posted by: timfoster10 - 07-19-2020, 02:27 PM - Forum: What's New (for Astra members) - Replies (3)

Don't get me wrong, Blockchain is definitely a revolutionary space. However, I have never paid much attention to cryptocurrencies because I always felt like they lacked an intrinsic value that is evident with public and private equities. How could you bet on something logically without knowing its financials? Alas, with the recent twitter hack that operated as a scam on the richest men on planet earth and other influencers' accounts, how can I feel safe in a growing decentralised world of blockchain, knowing if I have been scammed or mistreated, no one can ever find the perpetrators?


  Best Quarter in a decade - a paradox
Posted by: JudyS17 - 07-19-2020, 01:37 PM - Forum: What's New (for Astra members) - No Replies

Wall Street’s top five banks have posted their best quarter for trading in a decade after the coronavirus pandemic led to frenzied market conditions and radical interventions from central banks. JPMorgan Chase, Goldman Sachs, Morgan Stanley, Bank of America and Citigroup posted combined trading revenues of $33.4bn in the second quarter, their highest tally since the $33.7bn they made in the first quarter of 2010. The gains cushioned the blow of more than $20bn of provisions for loan losses on the banks’ income statements. 
- ft 2020 

But Wall Street analysts are warning of slowdown. With possible exuberance present in companies like Tesla and coronavirus far from over, especially in the United States, is investing with the crowd inflating the exuberance? 


  Should US ban TikTok?
Posted by: timfoster10 - 07-19-2020, 01:31 PM - Forum: Casual - Replies (11)

The White House is considering putting TikTok on a blacklist that would effectively prevent Americans from using the popular video app, as one option to prevent China from obtaining personal data via the social media platform. Given the rise of cloud storage and consolidation of tech-only companies, should US companies be weary of Chinese tech? Could this move hinder the global collaboration on tech?


  Recession in Singapore - a warning
Posted by: NathanSheng - 07-14-2020, 04:37 PM - Forum: Casual - Replies (3)

Singapore is seen as one of the most trade dependent and open economies in the world. Many times, the health of Singapore’s economy indicates the overall global trade situation.  Recently, Singapore showed a larger than expected decline in its GDP due to coronavirus. This may mean that the global trade situation is much worse than expected and a huge global economic downturn is just around the corner. Is the world equipped to deal with and soften the blows of this pandemic? Should policy makers focus on helping stabilise global trade?


  Jerome Powell and QE
Posted by: Jonas10 - 07-12-2020, 01:59 PM - Forum: Casual - Replies (1)

The fed has created around 3 trillion dollars through quantitative easing since March. Though there is not substantial evidence to prove that quantitative easing works , it seems to be keeping the stock markets quite stable. It will be interesting to see how this policy plays out and it’s effects on the US economy. Thoughts?