Showing posts with label Planet Finance. Show all posts
Showing posts with label Planet Finance. Show all posts

Wednesday, August 30, 2023

Catastrophe for Sale | Planet Finance (5/6)

Aug 26, 2023 | On Planet Finance, there is a market for almost anything. Even for a future disaster that has not yet occurred and may never happen. As the risks of climate change pile up, it appears that money can be made in the Disaster Bond Market on the risk of future wildfires, floods and hurricanes. There is speculation on what the probability is that a catastrophe will occur. And especially on how much damage it might cause. How does this market work? And who are the winners and who are the losers?

In this six-part documentary series, Marije Meerman takes you to Planet Finance. Who live and work there? What language do they speak? What is the use of this planet, and what makes this financial world so attractive to so many people?



Part 1.

Part 2.

Part 3.

Part 4.

Thursday, August 24, 2023

Fortune Seekers | Planet Finance (3/6)

Aug 12, 2023 | Planet Finance is a mostly unknown, adventurous and also attractive world for the private investor. In Japan, you won't get interest on your savings for decades. Entering the currency market is then a low-threshold step. 'Ms. Watanabe' is a collective name for the one and a half million Japanese individuals in this market and a household name in the shiny towers of Planet Finance. But in the foreign exchange market, the value of one currency always rises or falls against another. Where one wins, by definition someone else loses. It's a Zero Sum Game. Who wins when you lose?


Part 1 is here and Part 2 is here.

Tuesday, August 22, 2023

Free Oil | Planet Finance (2/6)

Aug 5, 2023 | Planet Finance sets the world price for many commodities: for grain, for gold and also for oil. There is always demand for oil and the price is constantly changing. It is hard to imagine now, but at the beginning of the COVID pandemic, we could not get rid of oil. The world's oil supply was floating at sea. The tankers, and their crews, had no choice but to wait for a better price. And then came a day when a barrel of oil was free! How can a market be so derailed?

In this six-part documentary series, Marije Meerman takes you to Planet Finance. Who live and work there? What language do they speak? What is the use of this planet, and what makes this financial world so attractive to so many people?



Part 1 here.

Sunday, August 20, 2023

Nature of the Beast | Planet Finance (1/6)

Aug 1, 2023 | For most, Planet Finance is a complex, influential world that only becomes visible when crashes occur in the financial markets. Stock market prices quickly shot back up on Planet Finance during the COVID pandemic, while the inhabitants of planet Earth were still sweeping the shards together.

The contrast could hardly be greater. But how does such a market emerge? Through interviews including the founder of the market in oil futures, one of the first traders and a neuropsychologist who mentally guides stock traders and hedge fund managers in making risky decisions, it becomes clear how Planet Finance grew into what it is today.