Weekly Market Update
Market Action Global equities closed higher on the week while the yield on the US 10-year Treasury note declined 8 basis points to 1.78% and the price of a barrel of West Texas Intermediate crude oil rose $3.50 after Saudi Arabia's oil infrastructure was damaged in...
Short-Term Borrowing Crunch: An Aberration or a Signal of Trouble?
In the course of the last couple of days the Fed has been injecting significant amounts of liquidity (to the tune of $75 billion per day) into the financial system. It should be noted that such intervention has not taken place since the days of the financial crisis...
Weekly Market Update
Market Action Global equities rose on the week while interest rates moved up sharply. Easing recession fears and hopes for progress in US-China and Brexit talks helped boost investor sentiment. The yield on the US 10-year Treasury note rose 30 basis points to 1.86%...
A Few Random Thoughts on Economic Structural Integrity: Global Order Meets Finance
The story of humankind has been a long tale of war, tyranny, misery, conflict, and illiberalism. To that extent the recent decades of relative peace and prosperity, along with the rising middle classes and democracy around the world is a historical aberration. From...
Weekly Market Update
Market Action Global equities rose last week as part of a risk-on rally in asset prices due to a slightly brighter outlook for US-China trade talks, receding risks of an imminent no-deal Brexit, and hopes that tensions in Hong Kong will abate. The yield on the US...
Crossroads: At the intersection of Geopolitics and Geoeconomics
Here are some critical issues to watch around the globe over the coming month: North America At the start of the month, the United States (US) announced sanctions on Iran’s foreign minister, Mohammad Javad Zarif, escalating tensions between the two countries....
Weekly Market Update
Market Action Global equities rose on the week as the rhetoric surrounding the US-China trade battle became less charged. The yield on the US 10-year Treasury note fell to 1.52% from 1.60% a week ago, while the price of a barrel of West Texas Intermediate crude oil...
Contemplating the Ramifications of a Slowdown
Last Friday’s trade war escalation may not be substantial in terms of GDP impact but could indicate a turn in the ongoing trade disputes and may inflict significant damage in business, investment, and consumer confidence. Such particular development in the midst of an...
Weekly Market Update
Market Action Global equities were little changed on the week while the yield on the US 10-year Treasury note rose 6 basis points to 1.60% from a week ago. The price of a barrel of West Texas Intermediate crude oil declined $1.50 to $53.65 while volatility, as...
At the Crossroads called Hellespont: Recessionary Fears Meet Unapologetic Optimism
The year was 480 B.C.E. and Xerxes (Persia’s king of kings) had gathered his troops and his fleet in the place known as Abydos, a town on the Asian side of the Hellespont, where two continents (Asia and Europe) meet fours seas at a critical intersection where the...
