Author: Joel Charalambakis

By: Joel Charalambakis | On: September 5, 2014 |

Weekly Market Update

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 |

Weekly Market Update

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 |

Weekly Selections From Weekly Barometer

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 |

Geopolitical Journal: August 26th

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 |

Weekly Market Update

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 |

Weekly Market Update

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 |

Weekly Market Update

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 |

Weekly Market Update

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 |

Weekly Market Update

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 |

Weekly Market Update

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 […]