by The BlackSummit Team | Jun 10, 2023 | Weekly Market Update
The BlackSummit Team | June 10, 2023 Global Market News Global equities make gainsGlobal equities made slight gains this week. The S&P 500 and Dow Jones closed up 0.39% and 0.34%, respectively, while the Nasdaq gained 0.14%. The US 10-year Treasury yield...
by The BlackSummit Team | Jun 8, 2023 | Geopolitics & the Day After
Geopolitical tensions continue to reshape the global economy, with the effects of Russia’s war in Ukraine continuing to impact the eurozone’s financial stability, and China and its allies pushing forward with new ways to challenge US economic dominance....
by The BlackSummit Team | Jun 6, 2023 | Commentaries
The original iPhone, announced in January of 2007 and released in June of that year, was greeted with plenty of skepticism. Smartphones weren’t entirely brand new, even ones with touch screens, so it wasn’t easily foreseen what an outsider like Apple could provide....
by The BlackSummit Team | Jun 3, 2023 | Weekly Market Update
Global Market News Global equities make gains Global equities made gains this week as Republicans and Democrats came to an agreement to raise the US debt ceiling, staving off default. The S&P 500 and Dow Jones closed up 1.83% and 2.02%, respectively, while the...
by The BlackSummit Team | Jun 1, 2023 | Geopolitics & the Day After
This week, we begin by discussing the inflated price of financial assets, which may be cause for concern as the era of “cheap money” comes to an end in the face of geopolitical turmoil and financial uncertainty. We then examine some of this geopolitical...