FLOURMILL Stock Pitch – Gifted Analysts Academy 2.0
This stock pitch was prepared and presented by Ridwan Okeshola, Oluwatimilehin Agbejimi, and Omolola Omotalade
Author: Joshua Olorunsaiye
Crypto Boom Poses New Challenges to Financial Stability
As crypto assets take hold, regulators need to step up.
Crypto assets offer a new world of opportunities: Quick and easy payments. Innovative financial services. Inclusive access to previously “unbanked” parts of the world. All are made possible by the crypto ecosystem. But along with the opportunities come challenges and risks.
The Behavioral Economics Manifesto Gets Revised
“The basics of behavioral economics are really sound because they’re kind of obvious,” Thaler says. It’s obvious, he says, that people aren’t perfectly rational. It’s obvious that they suffer from self-control problems and have all kinds of emotions and biases that affect their behavior. The oddities of human behavior are very real and demonstrable — and economists and policymakers, he says, need to take that into account.
How “Chaos” In the Shipping Industry Is Choking The Economy
On both land and at sea, the entire supply chain is struggling to keep up. In the Pacific Northwest, it’s become such a clusterfest that the U.S. Coast Guard has been redirecting boats to anchor off the coast of Whidbey Island and other places they typically don’t park. Ship crews are having to wait days, even weeks, for the chance to dock at the ports and offload their precious goods.
US Dollar Share of Global Foreign Exchange Reserves Drops to 25-Year Low
The share of US dollar reserves held by central banks fell to 59 percent—its lowest level in 25 years—during the fourth quarter of 2020, according to the IMF’s Currency Composition of Official Foreign Exchange Reserves (COFER) survey. Some analysts say this partly reflects the declining role of the US dollar in the global economy, in the face of competition from other currencies used by central banks for international transactions. If the shifts in central bank reserves are large enough, they can affect currency and bond markets.
The Great Divergence: A Fork in the Road for the Global Economy
As our note to the G20 meeting points out, there is a major risk that as advanced economies and a few emerging markets recover faster, most developing countries will languish for years to come. This would not only worsen the human tragedy of the pandemic, but also the economic suffering of the most vulnerable.
Structural Factors and Central Bank Credibility Limit Inflation Risks
After ending last year with unexpectedly strong vaccine success and hope that the pandemic and economic distress it caused would recede, we woke up to the reality of new virus variants and the unpredictable, winding road that it can lead the world down.
When it Comes to Services vs. Manufacturing, Words Matter
Efforts to revive national manufacturing sectors get a lot of airtime. After all, the sector propelled many East and South-East Asian economies—the so-called “East Asia Miracle”—and was a gateway to the middle class for millions of workers. However, for all the obsession with manufacturing, economists for their part seem to be more preoccupied with services.
Is It Time To Tax Stock Trading?
In the economist’s utopian vision of the stock market, clearheaded investors diligently evaluate companies and invest only in the ones they expect to grow and thrive. In the process, investors direct resources where they’ll be most productive, benefiting the overall economy.
How Poverty Makes Workers Less Productive
Obviously, giving more money to people without much money helps them with money problems. But this study adds to a growing body of research that says that money really does help workers earn more money.