By: John E. Charalambakis | On: May 4, 2023 |
Upon return from Troy, Agamemnon is killed by his wife Clytemnestra. Orestes and his sister, Electra, are resolute on killing their mother and her lover, both of whom are thirsty […]
By: John E. Charalambakis | On: April 18, 2023 |
Are the financial tremors over? Based on the latest data published by the Federal Reserve Bank of St. Louis (see graph below), it seems that we are returning to some […]
By: John E. Charalambakis | On: April 11, 2023 |
In the first part of this series, we emphasized China’s ambition to replace (if needed by force) the liberal balance of power with an illiberal autocracy (consequently, limiting the role of the […]
By: John E. Charalambakis | On: March 27, 2023 |
What’s wrong with the banks? How did we reach the point where three banks failed within a few days, and a couple more are on life support? How did we […]
By: John E. Charalambakis | On: March 7, 2023 |
Since our last commentary in this series, several things have taken place. Let’s recall some of them: Jobs growth (based on January’s number) was much stronger than expected; inflationary pressures […]
By: John E. Charalambakis | On: March 1, 2023 |
Over the course of the next few weeks, we will be discussing the changes we are undergoing on a global scale as well as the forthcoming changes that are affecting […]
By: John E. Charalambakis | On: February 21, 2023 |
When we read market headlines nowadays, the focus is on inflation and the direction of interest rates. The stickiness of prices, as demonstrated by the slowdown in the decline of […]
By: John E. Charalambakis | On: January 19, 2023 |
Are the markets sending signals that run contrary to downbeat expectations? The latter includes IMF estimates for a global slowdown accompanied by recessions around the world, announced layoffs, lower earnings, accumulated […]
By: John E. Charalambakis | On: January 4, 2023 |
It is possible that last year marked a pivot in the markets’ trajectory that is being shaped by too much debt facilitated mainly by central banks, geopolitical risks, the deflating […]
By: John E. Charalambakis | On: May 22, 2023 |
The Debt Limit Debacle, the Surrender of Reason, the Pre-Socratics, and Puccini’s Tosca: Canceling the Noise, Not by Bread Alone, Part XXIV
Could Puccini’s opera Tosca (based on Sardou’s dramatic play La Tosca) be the prolegomenon of the debt limit debacle? There are plenty of twists in both the play and the […]