Market and
partners news

Macro overview of the current week

Macro overview of the current week

14 December 2022

Results-2022: US stocks that fell the most

The American stock market has experienced a difficult year, but has avoided going into a tailspin. By the middle of December, the S&P 500, Nasdaq and DJIA indices had recorded annual losses in the range of 7-30%.

Most of the liquid securities lost:

  • Carvana (-98%) online trading sector
  • Arrival (-97%) electric vehicles
  • TuSimple (-95%) autopilot
  • Astra Space (-95%) transportation in space
  • SelectQuote (-94%) insurance market
  • Novavax (-93%) Biotechnology

In general, two-thirds of traded securities somehow fix losses.

Almost all of the designated companies suffered due to the increase in the cost of lending.

Saxo Bank is waiting for gold at $3000 and the cancellation of Brexit

The king of shocking forecasts and the lord of Armageddon scenarios, Saxo Bank, has released a forecast for 2023. And this is curious, because recently the most controversial scenarios tend to be executed. So:

  • billionaires will unite for a trillion-dollar energy project
  • French President Macron will resign and pursue his dream – an educational startup
  • gold will cost $3,000 per troy ounce, because inflation will terrify everyone
  • The EU will create its own army                                                                                                                            
  • one of the countries of the world will ban meat production by 2030
  • The UK will cancel Brexit

At least a few of these forecasts clearly look real.

14 December 2022
Why Russians should invest in Bahrain

Most of the Russians have heard about Dubai, but very few are aware of Bahrai...

Macro overview of the current week

The USA has reached the limits of the national debt The official limit of the...

Macro overview of the current week

The legacy of the pandemic: remote working, isolation and skepticism 2023 wil...