By: Joel Charalambakis | On: February 20, 2015 |
Market Action Thanks to a surge in markets on Friday major indices in the U.S. closed the week in positive territory. The main catalyst for the upswing was a deal […]
By: Joel Charalambakis | On: February 15, 2015 |
Market Action Major U.S. benchmarks closed the week in positive territory for the year despite the lack of major data releases to support the moves. Technology led the week thanks […]
By: Joel Charalambakis | On: February 7, 2015 |
Market Action U.S. stocks had one of their best weeks in the past five years. Better than expected earnings by some key companies, economic data and a technical bounce served […]
By: John E. Charalambakis | On: February 5, 2015 |
Close to twenty years ago, the Eurocrats decided to defy the laws of gravity in economics, and they started designing a common currency without a fiscal union. Their thinking was […]
By: Joel Charalambakis | On: February 2, 2015 |
Market Action Poor economic data and disappointing earnings weighed heavily on U.S. markets early in the week. While the election of Syriza in Greece added to volatility to markets in […]
By: Thierry Malleret | On: January 30, 2015 |
Yet again and despite the fillip of collapsing oil prices, projections for global growth have been revised downwards – to 3.5% this year and 3.7% in 2016, down from […]
By: Daniel Stelter | On: January 26, 2015 |
Despite all the advertising, launching quantitative easing (QE) in Europe may well be counter-productive. This is due in no small part to significant structural differences between the U.S. and European […]
By: Joel Charalambakis | On: January 25, 2015 |
Market Action Markets got the sugar rush they had long been craving as Mario Draghi announced a QE program involving €60 billion per month starting next month through at least […]
By: Joel Charalambakis | On: January 23, 2015 |
Geopolitical Headlines Saudi Arabia Saudi Arabia’s King Abdullah Azziz al-Saud passed away on Thursday at the age of 90. He had been hospitalized with a case of pneumonia for weeks. […]
By: John E. Charalambakis | On: January 21, 2015 |
As it is widely expected, the ECB will unveil today its own version of QE. Welcome to a dead-end where central banks may resemble Prometheus bound by chains made by […]
By: John E. Charalambakis | On: February 16, 2015 |
Overfed but Still Malnourished: The Aegean Sea Meets Singapore
About a year ago in a meeting we had in Warsaw, Poland I contrasted Jamaica and Singapore. The contrast was based on a simple observation/fact, which stated that those two […]