CROSSROADS

Here is a summary of important events that unfolded over the last month, and which may affect economic, financial, and geopolitical issues in the months ahead: North America Following the Republican-led House of Representatives passing of a bill to raise the US...

Weekly Market Update

The BlackSummit Team | May 13, 2023 Global equities fall Global equities fell on the week. The S&P 500 and Dow Jones closed down 0.29% and 1.11%, respectively, while the Nasdaq gained 0.40%. The US 10-year Treasury yield ticked up a few basis points,...

The Wooden Nickel

The Wooden Nickel is a collection of roughly a handful of recent topics that have caught our attention. Here you’ll find current, open-ended thoughts. We wish to use this piece as a way to think out loud in public rather than formal proclamations or projections. The...

Weekly Market Update

Global Market News Global equities tumble Global equities were down on the week as banking concerns and fear over a US default mounted. The S&P 500 and Dow Jones closed down 0.80% and 1.24%, respectively, while the Nasdaq gained 0.10%. The US 10-year Treasury...