Weekly Market Update

by Joel Charalambakis | Aug 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 mixed the markets continue to build momentum off of positive sentiment for the...

Weekly Selections From Weekly Barometer

by Joel Charalambakis | Aug 27, 2014 | Weekly Market Update

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 economist thinks that the current “peculiar calm” that prevails in the markets...

Geopolitical Journal: August 26th

by Joel Charalambakis | Aug 26, 2014 | Geopolitics & the Day After

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 the globe. The issues touched upon may impact our...

Weekly Market Update

by Joel Charalambakis | Aug 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 Chairwoman overall was neutral. Mario Draghi of the ECB stressed the limits of ECB...

Weekly Market Update

by Joel Charalambakis | Aug 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 cease fire between Hamas and Israel weren’t enough for equities to rise. As...