By: The BlackSummit Team | On: May 4, 2014 |
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 […]
By: The BlackSummit Team | On: May 2, 2014 |
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, […]
By: The BlackSummit Team | On: April 25, 2014 |
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 […]
By: The BlackSummit Team | On: April 18, 2014 |
Market Action The US equity markets rebounded this week to effectively erase prior week’s losses in all areas save for technology. The Dow gained 381.79 points for the week while […]
By: The BlackSummit Team | On: March 29, 2014 |
Market Action The equity markets as measured by the Dow gained 19.78 points for the week while the S&P lost 10.05. Technical indicators imply a cautious approach. Biotech continued to […]
By: The BlackSummit Team | On: March 23, 2014 |
Market Action The equity markets as measured by the Dow and S&P gained 132.74 and 13.77, respectively despite weak performances today. The recent rally was slowed this week by the […]