The Wooden Nickel

by The BlackSummit Team | May 9, 2023 | 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

by The BlackSummit Team | May 6, 2023 | 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...

Weekly Market Update

by The BlackSummit Team | Apr 29, 2023 | Weekly Market Update

Global Market News Global equities slightly positive Global equities made small gains on the week. The S&P 500 and Dow Jones closed up 0.87% and 0.86%, respectively, while the Nasdaq gained 1.28%. The US 10-year Treasury yield dropped 13 basis points to end the...

Geopolitics & the Day After

by The BlackSummit Team | Apr 27, 2023 | Geopolitics & the Day After

For this week’s examination of the Day After, we begin with a look at the tragic fighting in Sudan, examining how forces at play since 2019 have resulted in the conflict seen today. From there, we pivot to examining the US commercial real estate market, which...

Weekly Market Update

by The BlackSummit Team | Apr 23, 2023 | Weekly Market Update

Global Market News Global equities unchanged Global equities were relatively unchanged on the week, dropping only slightly. The S&P 500 and Dow Jones closed down 0.10% and 0.23%, respectively, while the Nasdaq declined 0.42%. The US 10-year Treasury yield rose a...