Publications
By: Joel Charalambakis | On: July 3, 2015 |
Weekly Market Update
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 |
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: 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 […]
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: John E. Charalambakis | On: July 4, 2015 |
The Return of the Son of Nothing: Greece and the EU after Wandering the Wasteland
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 […]