Author: The BlackSummit Team

By: The BlackSummit Team | On: 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 […]

By: The BlackSummit Team | On: May 2, 2014 |

A Review of the Most Important Global Events in April by Monthly Barometer

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 |

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 […]

By: The BlackSummit Team | On: April 18, 2014 |

Weekly Market Update

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 |

Weekly Market Update

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 |

Weekly Market Update

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 […]