Market Sneak Peek of the Week #1

The world markets are constantly and rapidly changing, every week brings surprising yet fascinating news. I would like to launch a new article cycle delivering a short summary of a past week. I will be subjectively choosing 3-5 financial topics and cover them with my thoughts.

Recent days have been dominated by the news from the United States, both good and, sadly, very violent. Microsoft has decided to acquire a professionals-oriented social media portal Linked In. Unfortunately, the big buyout by Redmond’s company was overwhelmed by the information from sunny Orlando, where an Islamic radical performed an attack in the Pulse nightclub.

Another news worth to be mentioned would be initial polls suggesting that the UK will be opting to exit the EUthe Brexit, the next one is Euro2016 setting off in France.

The Orlando Slaughter

The terror attack in Florida is undoubtedly the deadliest mass murder in the US history, with 49 victims, its death toll is greater than the Virginia Tech assault, where 30 of innocent people lost the lives. It has to be stated that it is yet another terror attack executed by the Muslim radicals, both in the US and Europe. We all remember the event that took place in San Bernardino, Paris or Brussels. The Orlando shooting was commented by the US president candidates, Hillary Clinton and Donald Trump.

Trump:
“today, there’s only one thing to discuss, the growing threat of terrorism inside of our borders. The attack on the Pulse nightclub in Orlando, Florida, was the worst terror strike on our soil since September 11th, and the worst mass shooting in our country’s history.
So many people — it’s just hard to believe, but just so many people dead, so many people gravely injured, so much carnage, such a disgrace. The horror is beyond description. The families of these wonderful people are totally devastated, and they will be forever. Likewise, our whole nation and indeed the whole world is devastated. I refuse to allow America to become a place where gay people, Christian people, Jewish people are targets of persecution and intimation by radical Islamic preachers of hate and violence.”

Quite strong words, aren’ they?

Clinton:
“From my perspective, it matters what we do more than what we say”, “And it mattered we got bin Laden, not what name we called him. I have clearly said we — whether you call it radical jihadism or radical Islamism, I’m happy to say either. I think they mean the same thing. This was a terrorist attack. ISIS appears to be claiming credit for it, whether it had anything to do with it or not — at a minimum, they seem to have inspired it. What I won’t do, because I think it is dangerous for our efforts to defeat this threat, is to demonize and demagogue and declare war on an entire religion”

Seems like she’s playing the safe bastion.

Microsoft acqusition of Linked In

It has been more than 5 years since the MS bought the Skype for $8.5 billion and nearly 3 since they got stock and shares of Nokia’s mobile phones part for $7.2 billion.. This week the blue-chip hegemon announced that they are closing the deal to acquire Linked In for, hold your breath, $26.2 billion. Microsoft decided to take a loan to pay for the takeover since their off-shore cash flows would be subjected to 35% tax. We are all waiting for the development of the story, however, the MS took possession of one of the biggest source of personal data. . The price of the Linked In skyrocketed to nearly $200 for one. Reaching a six-month high.

Brexit – Information

The latest polls carried out in the UK are showing that nearly 60% of the Brits are willing to leave the EU. Their attempts to exit the European Community are nothing new. In 1975, the UK, held a first national referendum to decided their future. We still have about 2 weeks left, anything can happen, but it looks like British citizens have never been so determined to go on their own as they are now.

Euro 2016 – Blast Off

Every 4 years most of the male, and a huge part of female, citizens of Europe suspend their daily activities to cheer up for the national teams competing for the big trophy. This year’s tournament is taking place in France and it is the first time that 24 teams are competing. Even though the football is not my favourite sport I am all in with our team, which started the games with 1-0 win over N. Ireland. Hey, we are all on Lewandowki’s bandwagon, aren’t we? Hopefully, the Euro 2016 will be a fair and safe event with many moments to remember.

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