by John E. Charalambakis | Jan 30, 2024 | Commentaries, Uncategorized
Self-deception and evil are the two main characteristics of Shakespeare’s tragedy Othello. Like Otello (in Verdi’s opera) who defended Cyprus against the Ottomans (a pre-incarnation to Lawrence of Arabia) Othello nowadays – allegorically speaking –...
by John E. Charalambakis | Jan 23, 2024 | Commentaries, Uncategorized
Last Friday, the S&P 500 reached an all-time high. However, the equal-weighted index of the S&P 500 is still below the old record (as shown in the graph to the right below). Moreover, the Russell 2000 is still in a bear market (more than 20% below its all-time...
by John E. Charalambakis | Jan 3, 2024 | Commentaries, Uncategorized
The actual data for 2023 turned out to be better than the projections. If those trends continue in 2024, then optimism should underline the New Year. Despite fighting a pandemic since 2020, significant supply chain turmoil, inflationary pressures, high interest rates,...
by John E. Charalambakis | Dec 28, 2023 | Commentaries, Uncategorized
The invitation for the end-of-the-year flight was a bit unusual. It had an image that looked familiar, as I have a copy of the painting in my office. Obviously, I thought George Grosz would be on the flight. That made the invitation to fly to Nairobi even more...
by John E. Charalambakis | Dec 12, 2023 | Commentaries, Uncategorized
John E. Charalambakis & Mohamed Ramzi Roshdi We all remember, not with the fondest memories, the market performance in 2022. The S&P 500 lost 19.4%, and even long-term government bonds performed badly (losing 31.2%) as interest rates kept rising. The...