Investment analysis, market commentary, and political analysis by Konstantin Shvarts, founder of Nordvik Investments. Originally published in The Baltic Times and other outlets.
Delfi interview in the series "From Russia with an idea": Konstantin Shvarts on being born in Tallinn and returning to Estonia, the sale of Rosenergobank in 2017, the criminal case and in-absentia verdict in Moscow that he considers political, his support for Boris Nadezhdin and the Union of Right Forces, and where Nordvik Investments invests now, from fintech to artificial intelligence and biotech.
Konstantin Shvarts' op-ed on the U.S. midterm elections, Federal Reserve leadership change (Kevin Warsh), long-end bond yields, IEA oil-deficit projections, the AI / data-center bubble, Middle East and Ukraine tensions, and the market correction scenario for late 2026.
An analytical column on the gold rally, central bank policies, market sentiment, asset allocation strategy, and the trading psychology behind commodity speculation.
Archival Eesti Express article documenting Moscow-based entrepreneurs, including a young Konstantin Shvarts, participating in early stock-exchange formation in Tallinn before Estonia's independence.
An analysis of the long-end Treasury volatility, the GENIUS Act on stablecoins requiring 1:1 reserves in cash or U.S. Treasuries, and what it means for sovereign debt demand and bipartisan crypto policy in the U.S.