by John E. Charalambakis | Aug 4, 2020 | Commentaries, Uncategorized
Sometimes I feel that I have no answers, and as a teacher my role is to question my students’ answers. When unrestricted growth and concentrated power is amassed at the hands of a few players, then the economy may end up stagnating, inequalities may start exploding,...
by John E. Charalambakis | Jul 28, 2020 | Commentaries, Uncategorized
In his sixth section of “Meditations in Time of Civil War”, the famous Nobel laureate Irish poet (and pillar of literature) William Butler Yeats writes: “We had fed the heart on fantasies, the heart’s grown brutal from the fare. More substance in our enmities than in...
by John E. Charalambakis | Jul 21, 2020 | Commentaries, Uncategorized
Homer taught us the contrasting qualities of leaders. Achilles was a man of action. Odysseus was a man of words. Both envisioned strategy from different perspectives. One represented strength. The other cunning. Later Machiavelli named those perspectives as force and...
by John E. Charalambakis | Jul 7, 2020 | Commentaries, Uncategorized
When we look at US jobs data, we get a clear picture that more than 7 out of the 22 million jobs lost during the Covid-19 crisis have been recovered. That fact by itself is a powerful factor in explaining the market’s recovery. However, the surge of infections...
by John E. Charalambakis | Jun 30, 2020 | Commentaries, Uncategorized
There is little doubt that stock market indicators (besides the rally itself until recently) pointed to a recovery that is better than the one expected by the majority of analysts, economists, and market watchers. The equity markets recovered most of the losses that...