Publications
By: Thierry Malleret | On: July 2, 2015 |
Monthly Barometer’s Forward-Looking Monthly Review: An Interdisciplinary View of our Complex Global Economy
The macro backdrop for the rest of the year is the following: (1) lower global growth (around 3%) than expected; (2) higher headline inflation prompted by oil base effects, but […]
By: Joel Charalambakis | On: June 26, 2015 |
Weekly Market Update
Market Action The major U.S. equity indices posted small losses on the week despite some pockets of strength within the market. The managed care and athletic apparel industries provided strong […]
By: Joel Charalambakis | On: June 20, 2015 |
Weekly Market Update
Market Action After a few weeks of disappointing returns the major averages in the U.S. posted solid gains led by the Healthcare and Consumer sectors. European markets continue to be […]
By: Joel Charalambakis | On: June 18, 2015 |
Separating Sense from Nonsense in the Liquidity Debate
The choir of voices sounding the alarm on market liquidity got a new member last week in the Wall Street Journal’s Op-Ed pages: Stephen Schwarzman of Blackstone, one of the […]
By: John E. Charalambakis | On: June 16, 2015 |
Prodigal Families and Comical Tragedies: The Cannibalization of the Price of Capital
Rembrandt’s painting portraying the return of the prodigal son is an amazing and monumental piece of art. It signifies the most joyful moment of reuniting a family and starting a […]
By: Joel Charalambakis | On: June 13, 2015 |
Weekly Market Update
Market Action Despite a turbulent Friday the major averages delivered small gains this week, save for the tech heavy Nasdaq. While yields fell on the week the rising trend and […]
By: John E. Charalambakis | On: June 9, 2015 |
Dancing with Lemmings: The Migration of Crowded Trades
We live in an epoch where volatility is becoming a trademark. We try to discover causes for this and all we are successful in doing is reshuffling symptoms. Like lemmings […]
By: Joel Charalambakis | On: June 5, 2015 |
Weekly Market Update
Market Action Both equity and fixed-income assets sold off this week, posting poor results for the second straight week. The drama in Greece and the impact currencies are having on […]
By: Thierry Malleret | On: June 1, 2015 |
Monthly Barometer’s Forward-Looking Monthly Review: An Interdisciplinary View of our Complex Global Economy
On all fronts, global economic growth remains soft: facing headwinds in the US, tepid in the Eurozone, underwhelming in Japan and decelerating across emerging markets (with exceptions, such as India). […]
By: Joel Charalambakis | On: May 29, 2015 |
Weekly Market Update
Market Action U.S. stocks performed poorly this week as all sectors sustained losses. Poor economic data, led by a revision for Q1 GDP to -0.7%, contributed to the selloff on […]
By: John E. Charalambakis | On: June 28, 2015 |
Financial Steroids: Greece, China and the Lopsided Approach to Unnatural Policies
Theories are not extracted from history. On the contrary, theories are needed in order to interpret history. Economic phenomena are ordered in accordance to definite laws. Understanding the relationships among […]