In 2020, many investors earned very well. But the market cannot grow forever. When and why the trend will turn around, says Andrey Movchan, managing partner of Movchan's Group . Part 1. New money Among the frequently heard statements about the current state of stock markets, perhaps the most popular sounds like this: new money comes to the market.

Published on January 30, 2017 Morality and values, which in Russia in Russia from the influence of the West offer a popularly elected and supported president of Russia and his colleagues and like -minded people, simply cannot have gospel roots. What morality and values ​​are Russian politicians talk about, out of habit, using the word "Christian", if not about gospel? Indeed, for the appeal to morality, an ideology is needed, which introduces and preaches this moral.

December 21, 2018, 17:14 / Economics / Blogs What Modern Investment Managers Haven't Seen Fed rate hikes could be a new long-term trend after nearly 40 years of rate cuts Andrey Movchan For today's middle-aged investment managers, the world seems eerily familiar.

In the economy Perhaps the countries called Russia by the end of the 21st century will not be December 4, 2017 Andrey Movchan The financier and director of the Economic Policy program, the Moscow Center of Carnegie, Andrei Movchan, spoke about how the economy is related to politics, how Russian society is “adapting to a dead end”, and why Russia may be about to miss its chance to be in the “first league” of economically developed states.

From a meeting at the Gulag Museum, the question came to me: “Today, many good economic programs have been developed, how Russia to switch from a“ special path ”to the beaten path, including the KGI program. What/who prevents their implementation? " I answer as far as I can publicly. There are at least two serious problems. The first is the problem of, so to speak, beneficiaries. Here it is worth talking a little about the concept of “local optimization”.

Peaceful rallies are positive news. But there is nothing about development on the agenda of the younger protest Detained participants in the rally against corruption in Moscow. Photo: Maxim Shipenkov / EPA What I think, Facebook asks. I think about yesterday's rallies; About the fact that it is necessary to lay out thoughts on the shelves, otherwise you roll to the primitive, and this is exactly what the “Evil Forces” are waiting for - always and everywhere.

Work of the Stock Exchange in Tokyo, November 9, 2016. Photo: Torru Hanai / Reuters The morning after the elections in the United States, which they already managed to christen the “second 9/11”-after all today on November 9, brought us an excellent illustration of the difference between the concepts of probability and opportunity.

In the operating room of the Sberbank office in Kaliningrad. Igor Zarembo / RIA Novosti In colonial India, at one time (a hundred years ago), the British were extremely concerned about the danger, which was represented for local residents of the snake. The number of deaths seemed unacceptable to English colonialists. There was no hope for the self -organization of the inhabitants, except for greed, and the British administration announced his readiness to pay for every killed snake.

Boris Titov at a plenary meeting of the All -Russian Entrepreneurial Forum “Small Business - National Idea?”. Ramil Sitdikov / RIA Novosti The other day, the live broadcast of the Rain television channel took place with the participation of Boris Titov, a famous businessman, the leader of the “right -hand business”, the Commissioner for the Rights of Entrepreneurs, the head of the new working group under the Russian government to develop a reform program - and your conquest servant.

How to live without Gazprom? The fashion for ventures in Russia makes us think that Russia itself is not just a venture (it is 24 years old as a country), but a venture that requires a change in business concept. Russia needs a new economic model to break out of stagnation, which is turning into collapse. Society is increasingly gravitating towards the socialization of the economy, not paying attention to the sad experience of many predecessors, including Venezuela.

Photo by Francois Fontaine / VU / East News Can Russia find new sources of rent comparable to the disappearing oil and gas The fashion for ventures in Russia makes us think that Russia itself is not just a venture (it is 24 years old as a country), but a venture that requires a change in business concept. Russia needs a new economic model to break out of stagnation, which is turning into collapse.

Economist Andrei Movchan - about the nature of modern terrorism and our attitude towards him EPA/Abedin Taherkenareh The death of a person is always a tragedy. When hundreds of people die, it becomes a shock that turns consciousness and causes not only sorrow, but also aggression, thirsty for revenge and the desire to change something once and for all, so that this does not happen again.

How a decline in commodity income destroys dictatorships. The color revolutions of recent years can be assessed in different ways - both as a leap forward in the development of the states that experienced them, and as a loss of stability by these states and a rollback. But what is interesting about color revolutions is not what happens inside the country (all revolutions are a little similar to each other), but the resonance that they caused in the world.

REUTERS / Umit Bektas Where the new revolution will break out The color revolutions of recent years can be assessed in different ways - both as a leap forward in the development of the states that experienced them, and as a loss of stability by these states and a rollback. But what is interesting about color revolutions is not what happens inside the country (all revolutions are a little similar to each other), but the resonance that they caused in the world.

The situation in the Chinese economy remains complicated, the exchange of Shanghai and the Schinjhenia fever, the stock market has lost the amount equal to two GDP of Russia, the world is full of rumors about the broken “Chinese dream”. Meanwhile, not only the price of oil depends on China, but also the volume of the promised Celestial Investments in the Russian economy.