All posts filed under: Aidan Levi-Minzi

Next Man Up: Who’s Taking Over for London

By: Aidan Levi-Minzi With Britain finally leaving the EU, economic and political policy will no doubt be at the forefront of the discussion between Boris Johnson and the European Commission. London-based firms are preparing for the worst, while other European cities are bulking up.  The United Kingdom has left the European Union. At 11:00 PM GMT, on January 31st, 2020, the UK entered a transition period: an 11-month timeframe that gives both sides a chance to figure out what their future relationship will look like. Meanwhile, the UK will continue to follow EU rules and trading regulations. This new trade agreement is big for London, as it is the world’s largest international financial center, generating over £120B ($152B) annually in output.  Historically, international firms have been able to freely conduct their business in the global epicenter that is London. The possibility of moving forward with a no-trade deal may lead to increased tariffs and quotas, among other trade barriers. A Brexit without an EU trade deal would lead to major ramifications, including major international corporations downsizing …

German Reunification

November 9th marked the 30 year anniversary of the fall of the Berlin Wall: a representation of the political and economic reunification of Germany. The fall of the Berlin Wall was considered a critical point of the Cold War: a victory for democracy. For the East, however, this would mark the beginning of their chase to catch the West with their wealth and economic power.

US Manufacturing PMI Shows Sign of Slowdown and Recession

By: Aidan Levi-Minzi The US-China Trade War to blame for purchasing managers’ poor outlook on future economic growth, specifically in the manufacturing sector of the economic indicator. Although there is no one definitive way of accurately determining the economic future of the United States, tools such as the Purchasing Managers Index (PMI), a gauge for economic trends in certain sectors, allows us to get an idea of what could potentially unfold in the oncoming years. The PMI is considered a critical decision-making tool for managers and investors alike. PMI is determined through the monthly surveying of Purchasing Managers spanning over 400 companies. By analyzing factors such as new orders, inventory levels, production, supplier deliveries, and employment, they project the direction their prospective sector is headed. Taking these factors into consideration, these managers are then asked to decide whether they believe the market is expected to improve, deteriorate, or have no changes. The percentage of each answer is multiplied by a score of 0 (deteriorating), 0.5 (no change), or 1 (improvement), giving it a score between …