Finance Monthly - August 2023

Finance Monthly. Editor’s Note Dear Readers, We welcome you to another captivating issue of Finance Monthly. As always, our goal is to bring you the latest happenings, insights, and narratives from the complex yet intriguing world of finance. This month, we’ve assembled an array of thought-provoking topics that will not only enlighten you but challenge your perspectives. One of the more zeitgeist subjects that we’ll delve into this month is “Greedflation.” It’s a neologism that has been making rounds in financial circles lately, reflecting a dynamic that is shaping our economies in ways we couldn’t have imagined. We unpack this concept for you, its implications, and why it’s becoming a key concern for economists and investors alike. We then shift gears towards a technological revolution that’s been slowly but surely transforming our financial departments - artificial intelligence (AI), and more specifically, OpenAI’s ChatGPT. As AI permeates finance, we delve into how it’s reinventing the landscape, with a special focus on ChatGPT’s capabilities. Environment, Social, and Governance (ESG) investing continues to shape the investment world, and we are here to keep you updated. This month’s issue includes an in-depth analysis of ESG investing trends, the challenges and opportunities it presents to both investors and corporations, and its overall impact on sustainable development. Lastly, we take a deep dive into the Bernie Madoff story. This detailed retrospection takes a closer look at one of the largest financial frauds in U.S. history. It provides an opportunity to learn from past missteps and reinforces the importance of transparency, ethical conduct, and oversight in finance. We hope that our mix of content this month provides you with a broader understanding of the financial ecosystem, enlightening you on trends, technologies, and practices that are shaping the industry. Your engagement and feedback are what fuel us to bring you the stories that matter. Stay curious, stay informed. Mark Palmer Editor editor@finance-monthly.com Follow us on Instagram Financemonthly Find us on Facebook Finance Monthly Stay Connected www.linkedin.com/finance-monthly Tweet us @Finance_Monthly Universal Media Ltd PO Box 17858, Tamworth, B77 9QG United Kingdom 0044 (0) 1543 255 537 Copyright 2023 Published by Universal Media Ltd The views expressed in the articles within Finance Monthly are the contributors’ own, nothing within the announcements or articles should be construed as a profit forecast. All rights reserved. Material contained within this publication is not to be reproduced in whole or part without the prior permission of Finance Monthly. Circulation details can be found at www.finance-monthly.com Monthly Finance 3

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