by The BlackSummit Team | Sep 14, 2024 | Weekly Market Update
Global Equities Increase Global equities increased on the week, partly due to hopes of the Federal Reserve cutting interest rates in its upcoming September meeting. The Dow Jones and S&P 500 rose 2.60% and 4.02% on the week, respectively, while the Nasdaq gained...
by The BlackSummit Team | Sep 12, 2024 | Geopolitics & the Day After
To begin this week’s newsletter, we examine Mario Draghi’s recent report on the European Union’s economy, and the suggestions that he makes to better position the bloc for the future. Then, we touch on the headwinds facing the US economy, from the disinversion...
by The BlackSummit Team | Sep 7, 2024 | Weekly Market Update
Global Equities Decline Global equities declined on the week as volatility soared. The Dow Jones and S&P 500 dropped 2.93% and 4.25% on the week, respectively, while the Nasdaq lost 5.77%. The US 10-year Treasury note fell to end the week at 3.71%, and the price...
by The BlackSummit Team | Sep 5, 2024 | Geopolitics & the Day After
To begin this week’s newsletter, we examine the crisis of poor governance around the world, highlighting the cases of Venezuela, Egypt, and sub-Saharan Africa, highlighting the global ramifications. Then, we touch on new technologies, from energy storage to new...
by The BlackSummit Team | Aug 29, 2024 | Geopolitics & the Day After
To begin this week’s newsletter, we examine the Federal Reserve’s potential interest rate cuts, focusing on the consequences such cuts would have for the global economy. Then, we touch on the People’s Bank of China (PBOC), which is grappling with a...