The tech giants are bleeding. The knock-on effect on start-ups could be worse
Irish founders are facing a more benign funding market so far than their continental and North American counterparts. However, with international VC funds and tech darlings under strain, it remains unclear how long this will last.
21st Jun, 2022 - 9 min read
Corporate debt, interest rates, and leverage: An economic essay by Constantin Gurdgiev
When rates were at rock-bottom, companies loaded up on risky (and opaque) leveraged loans. Now rates are rising, leveraged loans are a systemic threat to the economy.
7th Jun, 2022 - 7 min read
Competition killing machines: Could the tech titans go the same way as the railroad barons?
The process of clawing back monopolistic powers gained by the FAANG tech leaders will be uncomfortable for investors, but necessary for the technology sector to return being a major driver of global innovation. Otherwise, they will go the way of the railroad barons.
15th Oct, 2021 - 7 min read
Wall Street and Merrion Street beware – Elizabeth Warren is back with a corporation tax vengeance
The US Senator who lost out to Joe Biden in the Democratic presidential race has dropped a bombshell into the fraught federal budget debate: A proposed additional tax on the profits recorded by American multinationals globally, including in Ireland.
20th Aug, 2021 - 6 min read
Covid-19 scrambled the old global trade system. Now there’s a fight over what will replace it
The old trading regime was under pressure due to rising tensions between China and the US. Covid-19 made things worse. Now the question is, how is it going to adapt?