Corporate buybacks are used to return cash to stockholders. Moreover without committing to higher dividends they boost earnings per share, and anchor the spread of equity dispersion. In times when […]

There are two opposing forces that are taking place in the EU. One pushes for greater political and economic integration, the other for greater disintegration. At the same time secession […]

The markets’ developments in the last few months may resemble Zeno’s paradox. According to it, the flight of an arrow signifies the impossibility of change or motion. At any given […]

Let me be pretty blunt in this commentary. Growth is stalling almost everywhere due to the gargantuan amount of debt (public and private). Central banks have been exploiting their balance […]

Thomas Mann was the recipient of the Nobel Prize in Literature in 1929. His novel titled Buddenbrooks has been credited for such success. The novel chronicles the decline of a […]

What is a koilogastor market? One interpretation could be a market characterized by gluttony and voracity. Another could be a market whose womb is empty while declaring that a baby […]

The events that shaped last week – and potentially the weeks and months, if not years to come – had both geoeconomics and geopolitical dimensions. In situations like these, the […]

Last Thursday, Mario Draghi the President of the ECB indicated willingness to start again his “asset purchases program”, baptized this time with the title of OMT (outright monetary transactions) a.k.a. […]

It has been almost three years now since the rumors started that something was rotten with the Greek public finances. Excesses have been documented. Wasteful expenditures, inefficiencies, and corrupt practices […]

Over the last few weeks, we have argued that we are entering a watershed moment in economic and financial history, when significant decisions have to be made, since kicking the […]