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How to get the current week’s number 📅 in Python 🐍?

What Powers the World?

What powers the world? How much comes from fossil fuels and how much from renewable energies? How much has this change since 1965? The Chart Of The Week shows the evolution of the energy mix from 1965 to today.

Brief History of the Black-Scholes-Merton Model

A very brief recollection of the history of the Black-Scholes-Merton Model: 129 years from Charles Castelli to the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1997.

Europe’s Dependance on Russian Gas

The recent events in Ukraine have highlighted the importance for the EU and UK to diversify its energy sources. In particular, to reduce its dependency on Russia’s oil, natural gas, and coal.

Oil Shocks and the Probability of U.S. Recession

This chart was motivated by the article History Suggests Oil Shock Raises Probability of U.S. Recession published last Friday by Bloomberg. According to the article, historical data shows that big surges in crude-oil prices have ended U.S. economic expansions and tipped the U.S. economy into recession.

Bitcoin a Big Winner during the Pandemic Crisis

As of today Bitcoin is trading at around $43K. This is about 50% down from its November 2021 record high. However, this is more than 80% up compared with its value at the beginning of the covid-19 crisis.

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