By: John E. Charalambakis | On: July 4, 2015 |
Let me state it from the beginning: This Greek referendum is absurd simply because the government has failed its people, and also because the troika’s boneheaded mentality did not allow […]
By: Joel Charalambakis | On: July 3, 2015 |
Market Action Markets started the week in the red across the world thanks to Greece’s abandonment of negotiations and surprise call for a referendum. Equities in the U.S. recovered some […]
By: Thierry Malleret | On: July 2, 2015 |
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: John E. Charalambakis | On: June 28, 2015 |
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 […]
By: Joel Charalambakis | On: June 26, 2015 |
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 |
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 |
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 |
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 |
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 |
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: John E. Charalambakis | On: July 6, 2015 |
Contemplating the Grexit Scenarios
Most of us at some point were exposed to a great teacher. Joel Fingerman was that teacher for me. Joel taught me in one of his quantitative classes (Business & […]