Does the global tech sell-off threaten Ireland’s 100,000 multinational IT jobs and corporation tax take?
The stocks of tech giants and start-ups alike are taking a beating. Some hire freezes will affect Ireland, but the type of multinationals operating here are least exposed to the crunch – for now.
Double Irish cash has fuelled a Silicon Valley tech bubble. Will it burst before the US election?
For the past three years, many US tech multinationals have been paying their shareholders more money than they earn. The difference came from Ireland, thanks to tax incentives devised by the Trump administration. That cash is now running out.
Rumbles in the oil market: The economic implications of lower oil prices
Oil prices may easily decline below $30 per barrel in the weeks ahead. Covid-19 could spread materially beyond Italy, meaning that a whole range of new quarantine measures may be undertaken by the likes of France, the UK and Germany. If this comes to pass, oil prices may decline to the mid-20s.
Shunning equities, investors turn to gold amid coronavirus market rout – and the trend will continue
The rise in gold prices is set to continue, unless we see higher real interest rates combined with a large improvement in global risk appetite and international trade around the world. Neither scenario looks plausible at the moment.