by The BlackSummit Team | May 11, 2014 | Weekly Market Update
5 insightful op-eds or articles to help make sense of today’s world Room for Debate: “How to Regulate Disruption” (The New York Times, May 6, 2014 – metered paywall) As a growing number of apps and online services give consumers more direct control over their choices,...
by The BlackSummit Team | May 9, 2014 | Weekly Market Update
Market Action Poor international data inspired a downward start this past week. PMI data from China indicated contraction while escalating Ukrainian instability and more punitive sanctions coming from Europe against Russia spooked equities A number of high profile...
by The BlackSummit Team | May 4, 2014 | Weekly Market Update
Market Action Talk of M&A activity early in the week elevated markets as GE’s attempt to acquire Alstom and Pfizer’s bid for AstraZeneca dominated headlines. Stronger than expected data on Pending Home Sales also worked to move markets up Major economic data...
by The BlackSummit Team | May 2, 2014 | Weekly Market Update
Despite inflation surging in countries like Brazil and Russia, the global economic environment remains deflationary. Leaving aside the big deflationary trends such as aging, weak aggregate demand, stagnating real wages, etc., China is a big concern as its growth...
by The BlackSummit Team | Apr 25, 2014 | Weekly Market Update
Market Action Equity markets started the week strong as a supposed agreement to deescalate tensions between Russia and Ukraine cooled risk concerns and paired with strong earnings reports, particularly from the technology sector, extended last week’s gains....