By: The BlackSummit Team | On: June 7, 2014 |
Market Action Equities in the US closed at all time highs as the nation continues a slow but steady recovery. The jobs report published on Friday slightly beat expectations and […]
By: The BlackSummit Team | On: May 31, 2014 |
Market Action US equity markets closed the month of May posting gains. It marks the fourth month in the year that stocks have posted gains. The S&P 500 and Dow […]
By: The BlackSummit Team | On: May 25, 2014 |
Market Action Stock markets in the US posted their first gains in three weeks. The S&P 500 closed at a record high on Friday despite little in the way of […]
By: The BlackSummit Team | On: May 17, 2014 |
Market Action A positive start to equities this week quickly reversed course by the time markets opened on Wednesday. Low US Retail Sales prefaced poor data from China and Australia […]
By: The BlackSummit Team | On: May 11, 2014 |
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 […]
By: The BlackSummit Team | On: May 9, 2014 |
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 […]
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 […]