Our best analysts share their insights in trends of the financial and capital markets with you.
Restrictions related to the COVID-19 pandemic have had a negative impact on a number of sectors but, paradoxically, they are to the benefit of the growth in real estate prices. In the last financial crisis in 2008 after the fall of Lehman Brothers, the real estate market responded by a slump and lost more than 10% of its value globally.
In the positive atmosphere at the beginning of the week, the President of the United States Donald Trump announced that his administration “seriously” considered a reduction of capital gains tax together with other measures aimed at easing the tax burden on Americans. The market confidence was enhanced by long-term massive monetary and fiscal incentives, and the growing hope of an effective vaccine against Covid-19, which followed the announcement made by Russia that its vaccine was approved for use outside of clinical trials.
The travel and tourism industry contributes 3 to 3,5 percent of the global GDP. If we also count related industries, the total contribution of tourism to the global GDP nears ten percent. The entire part of the global economy was hit hard with the coronavirus pandemics. As the economies were locked down, the revenue declined by more than 90 percent. Now the economies reopen, it may be estimated the hospitality industry would recover. According to the Alpho analysts, it will very likely take a long time.
Warner Music Recording Studio was set to list on stock markets last Wednesday and has represented the largest IPO of the year. Despite that, some companies are delaying their listings due to COVID-19 pandemic. The company has increased the volume of its offered shares from $70 million to $77 million.
Lưu Đỗ Hoàng Anh
Since the beginning of 2018, Lưu worked as an analyst for Gulf Brokers, a major global broker with business value excessing $24 billion (2019). Currently, Lưu is the chief analyst of the international brokerage brand Alpho, which is growing dynamically, especially in Southern and Southeastern Asia, and also the Middle East. In 2012, Lưu started in the betting industry and spent four years in service and trade departments doing sales. After high school graduation, he attended prestigious University of Economics in Prague.