By: Joel Charalambakis | On: September 5, 2014 |
Market Action Mario Draghi poured fuel onto the fire that has been lifting European equities. His announcement of further reductions in interest rates, including an even further negative deposit rate, […]
By: Joel Charalambakis | On: August 29, 2014 |
Market Action Stocks posted their fourth consecutive week of gains in the United States this week, marked with the S&P’s milestone in crossing 2,000. While data released this week was […]
By: Joel Charalambakis | On: August 27, 2014 |
5 insightful op-eds or articles to help make sense of today’s world Jim O’Neill, “Will the Calm in Global Markets Last?” (Bloomberg View, August 19, 2014) Goldman’s Sachs former chief […]
By: Joel Charalambakis | On: August 26, 2014 |
Today Blacksummit Financial Group introduces the creation of a new publication, its Geopolitical Journal. Drafted biweekly, our aim is to summarize and inform our readers of key geopolitical events gripping […]
By: Joel Charalambakis | On: August 22, 2014 |
Market Action All eyes this week were tuned to Janet Yellen in Jackson Hole, Wyoming as the annual congregation of key central bankers concluded on Friday. The statement from the […]
By: Joel Charalambakis | On: August 15, 2014 |
Stocks saw a positive week despite geopolitical risks that sparked volatility. Back and forth news on Russian aggression, growing US involvement against ISIS in Iraq and an end to a […]
By: Joel Charalambakis | On: August 8, 2014 |
Market Action Stocks rallied in the U.S. on Friday to squeeze out small gains for the week after having erased YTD gain last Friday. Elsewhere around the globe however the […]
By: Joel Charalambakis | On: August 2, 2014 |
The Dow has effectively erased its YTD gains as of this week as concerns over the potential for accelerated Fed action for interest rates, the stabilitiy of the European banking […]
By: Joel Charalambakis | On: July 25, 2014 |
US equity markets had a rough week in the last full week of the month. The Dow saw its largest decline in seven weeks after Goldman Sachs issued a late […]
By: Joel Charalambakis | On: July 18, 2014 |
Market Action Equities in the US rallied on Friday to end the week in positive territory. Earnings reports so far have presented some modest good news into markets but geopolitical […]