By: John E. Charalambakis | On: May 17, 2017 |

The Reshaping of Global Trade and Recent Economic Trends

A major Chinese conference related to the New Silk Road ended two days ago. The conference centered on the theme of “One Belt, One Road”, which is the Chinese equivalent […]

By: John E. Charalambakis | On: May 9, 2017 |

Sic Tranit Gloria Mundi: Defining Moments in Global Financial History and the Undercurrent of Today’s Developments

There are revolutions, wars, and historical periods that have defined global developments and carry significant weight in shaping up the world economy to this day. There is little if any […]

By: John E. Charalambakis | On: May 3, 2017 |

The Powerhouse of Structural Changes: Co-integration, Co-movement, and Disintegration

By 460 CE the Roman Army was dominated by Germanic troops. By that time they had also forgotten a basic lesson that it is the army that elects the Emperor.  […]

By: John E. Charalambakis | On: April 26, 2017 |

The Fading of Shocks and the Complacency Spirit: A Realistic Midterm/Longterm View

There is a sense of a cyclical recovery around the world.  The shocks of the last 8-10 years (financial crisis, EU debt crisis, commodities downturn) seem to be fading, and […]

By: John E. Charalambakis | On: April 20, 2017 |

Assessing Possible High Impact Outcomes: From Egypt to France, and from London to D.C.

As we go down the road where the improbable becomes probable and the non-tradable becomes tradable, we discuss below four possible outcomes that could alter the investment landscape. Those four […]

By: John E. Charalambakis | On: April 11, 2017 |

Complacency in the Midst of Market Cycles: Liquidity Pressures and Geopolitics

Money markets experienced some kind of distortion in the last 18-24 months due to global dollar shortages as the Fed got into the swing of “normalizing” rates. Money markets several […]

By: John E. Charalambakis | On: April 4, 2017 |

Global Market Resilience: Noise, Global Trade, and Policy Directives

In the last couple of weeks a reality seems to be settling in the minds of over-optimistic investors. That reality says that it would not be so easy to enact […]

By: John E. Charalambakis | On: March 29, 2017 |

The Zadig & Micromega Perspective: Global Demand, Servicing the Debt, and Economic Developments

“Zadig” a.k.a. “Destiny: An Oriental Story” and “Micromegas” were two of Voltaire’s philosophical tales dated back in the middle of the 18th century. In the former Voltaire explores the reason’s […]

By: John E. Charalambakis | On: March 23, 2017 |

Market Valuations and Reflationary Expectations: What Can we Learn from a London Art Exhibition?

A recent investors’ survey done by Bank of America Merrill Lynch found that more and more investors believe that stocks are overvalued. Expectations about earnings, taxes, spending, and regulatory regime, […]

By: John E. Charalambakis | On: March 15, 2017 |

From Convergence to Divergence: Emerging Markets in Expectation of Higher Rates

Over the course of the last few months, we observe that not only developed markets have been enjoying good returns, but also emerging markets rise along with them. As the […]