by John E. Charalambakis | Nov 4, 2022 | Commentaries, Uncategorized
Wednesday evening, I was reading an editorial praising Chairman’s Powell performance following the Fed’s decision to raise rates by another 75 bps. “One for the hawks, one for the doves,” it said. Marvelous I pronounced! Having one foot in one boat and the other in...
by John E. Charalambakis | Nov 1, 2022 | Commentaries, Uncategorized
John E. Charalambakis Jonathan Swift’s marvelous work of Gulliver’s Travels is full of subliminal messages regarding geopolitics, statecraft, rationality/irrationality, and intrigues where trivial issues promoted by fanatical incompetent idiotic characters become the...
by John E. Charalambakis | Oct 11, 2022 | Commentaries, Uncategorized
John E. Charalambakis Could we see another 15%+ market downturn? Absolutely.Could the bond market illiquidity issues get worse? Yes, they could.Could the Ukrainian war expand and undermine European (and not only) security? The chances are rising every day.What is...
by John E. Charalambakis | Oct 5, 2022 | Commentaries, Uncategorized
Dancing? Catastrophilia? How else would you characterize the following graphs? In the first, we have the wild swings of the markets in the last three months (in a nevertheless bell-shaped normal curve!). In the second, we see a wild sterling threatening the financial...
by John E. Charalambakis | Sep 27, 2022 | Commentaries, Uncategorized
Henry James described the story of an artist who devoted his entire life to a single painting as “The Madonna of the Future.” Yet, at his death, they found the easel in his studio with just a blank canvas. The market trajectory under current circumstances could be the...