by John E. Charalambakis | Jan 27, 2020 | Commentaries, Uncategorized
The latest figures on global trade portray a picture of contraction. Have we entered into a period of deglobalization? The figures tell us a story of the longest period of contraction since the crisis more than ten years ago. Six consecutive months of year-on-year...
by John E. Charalambakis | Jan 15, 2020 | Commentaries, Uncategorized
Looking back to 2019, we don’t think that it would be a stretch to claim that lower rates and the dovish approach by the Fed lifted up valuations and played a very significant role in the spectacular rise in equities (not that debt markets did not also perform well)....
by John E. Charalambakis | Jan 8, 2020 | Commentaries, Uncategorized
There is no doubt that the death of Qassem Soleimani may become a stepping-stone for rising violence, turmoil, volatility, risks, and even a new war in a troubled region of the world. The uncertainty that it generates is exacerbated by the possibility that Russia or...
by John E. Charalambakis | Dec 30, 2019 | Commentaries, Uncategorized
In the boarding area I could clearly see three distinct figures: Johannes Bredenburg, Sir John Templeton, and Spinoza. I knew that I was destined for another treat in this end-of-year flight and I was hoping that more distinguished guests would join the journey. We...
by John E. Charalambakis | Dec 23, 2019 | Commentaries, Uncategorized
In last week’s commentary, we outlined our overall assessment of a decent start for 2020, but expressed our skepticism for the rest of the year (see Assessing the 2020 Outlook: Part I ). The upbeat perspective of most of the analysts for 2020 is based on loose...