Logifin Insights
What moves the markets and what it means for a long term investor. Short, substantial, no noise.
Latest
Why is Lagarde leaving the ECB early?
Christine Lagarde will step down as ECB President on 7 February 2027, almost nine months before her term ends. Her successor will be chosen before the French election, in a year when euro interest rates are rising again.
31 October 2026 · 7 min read
Why did Google fall and not Microsoft?
On the same evening Alphabet shares fell about 10% and Microsoft shares rose about 3%. Both companies doubled their investment in artificial intelligence. Only one of them covered it with the cash from its operations.
29 October 2026 · 7 min read
Anthropic is preparing a record IPO
Anthropic has filed its prospectus for a Nasdaq listing. According to The Wall Street Journal it could raise 100 billion dollars or more, which would exceed every IPO before it.
27 October 2026 · 7 min read
Why is Meta issuing non-voting shares?
Meta will give every shareholder one new non-voting share for each share they own. What this changes for control of the company, for the share price and for stock indices.
23 October 2026 · 7 min read
Why did diesel hit a record in Europe?
The US is allowing purchases of Russian diesel again, the EU is not. Why diesel has risen far more than oil and why Europe is so exposed.
12 October 2026 · 6 min read
Why is France paying more to borrow?
France now pays more than Italy and Greece to borrow for ten years, even though its debt is lower. The explanation lies in its deficit and in political uncertainty.
10 October 2026 · 7 min read
Why Google is buying nuclear power
On 6 October Google signed a 20-year contract for 890 megawatts of new nuclear capacity from reactors that are already running. Why it pays for plant upgrades, why Constellation's stock rose 12% and which other technology companies are buying nuclear power.
7 October 2026 · 6 min read
What Nvidia does with 235 billion dollars
On 28 September Nvidia raised the amount available for share buybacks to 235 billion dollars. What changes for those who hold the stock and for those who own it through an S&P 500 ETF.
5 October 2026 · 6 min read
$192bn of Meta's market value. In one day.
Early demand for Muse lifted expectations for Meta. The download figures show interest. Revenue is the part that remains unknown.
23 September 2026 · 8 min read
Why the SpaceX index weight doubles
The SpaceX weighting in the Nasdaq-100 more than doubles on Monday 21 September and estimates published before the rebalance pointed to buying of up to 22 billion dollars, with no change in the company itself.
19 September 2026 · 5 min read
Why did the ECB raise rates?
On 10 September the ECB raised its deposit rate to 2.50%, while core inflation was easing. The explanation lies in what it is trying to get ahead of.
11 September 2026 · 5 min read
It joined the index at 80 dollars and leaves at 14. What does the S&P 500 measure?
On September 4 S&P announced three arrivals and three departures. One company had joined fourteen months earlier. The reason it is leaving explains what an index actually measures.
7 September 2026 · 5 min read
Nvidia beat estimates by 4.5% and the stock rose 8.7%. Why?
The results on 26 August came in ahead of forecasts, but the market did not react to them. It reacted to a number about 2028.
31 August 2026 · 4 min read
One month, two inflation rates: 3.4% and 3.7%. Which one does the Fed watch?
July produced two official inflation numbers that do not match. The 2 percent target is defined on one of them, and it is not the one in the headlines.
29 August 2026 · 5 min read
The euro at 1.157 and the currency you do not know you hold
The euro dollar rate is near a two month high. If you hold a global ETF in euro, the exchange rate affects your return even though you never bought a dollar.
16 August 2026 · 3 min read
The consumer is worried, the market keeps rising. Who is right?
Retail sales fell 0.6% in July and consumer sentiment dropped to 51. The stock market closed its third winning week in a row. Both make sense.
14 August 2026 · 3 min read
Inflation 3.4 percent, wages 3.2 percent: the gap you never see
US inflation eased to 3.4% in July. Wages are rising 3.2%. Together the two numbers say something neither of them says alone.
12 August 2026 · 3 min read
Gold is at 4,400 dollars and nobody mentions the other half
Gold opened Monday 10 August at 4,400 dollars an ounce. The same metal had touched roughly 5,590 dollars in late January. Both statements are true.
10 August 2026 · 3 min read
The economy lost 23,000 jobs and unemployment fell. How?
The US economy shed 23,000 jobs in July and the unemployment rate dropped to 4.1%. That is not an error in the data, it is how unemployment is measured.
8 August 2026 · 3 min read
Europe is breaking records and your World ETF barely noticed
The Stoxx 600 at an all time high, the DAX above 26,100. Why a global ETF shows so little of it, and what that means for a European investor.
6 August 2026 · 4 min read
How rare is a record in the S&P 500?
On 4 August the S&P 500 closed at 7,736.52 and the Dow passed 54,000 for the first time. What an all time high tells you, and what it does not.
4 August 2026 · 3 min read
Three months, three prices for oil
Brent went above 126 dollars in late April, fell below 71 in early July and was back at 105 on 23 July. What that journey does to the prices you pay.
2 August 2026 · 4 min read
725 billion for AI. Who pays the bill?
Four companies plan 725 billion dollars of capital spending during 2026. What that does to their profits and why it matters to anyone holding a global index.
31 July 2026 · 4 min read
The Fed stood still, but three said no
The Fed held its policy rate at 3.50% to 3.75% for the fifth meeting in a row. Three members wanted a hike. What a 9 to 3 vote tells you about the state of the economy.
29 July 2026 · 4 min read