By: Thierry Malleret | On: November 3, 2014 |
The IMF meeting earlier this month was in somber mood. In the words of its managing director, Christine Lagarde, the global economic recovery is “brittle, uneven and beset by […]
By: Joel Charalambakis | On: November 1, 2014 |
Market Action Stock markets in the U.S. continued their surge over the past five days. An overall good earnings season and economic data pointing to a growing economy and stronger […]
By: John E. Charalambakis | On: October 27, 2014 |
The results of the EU-wide stress tests on banks are out. The EU banks seem to celebrate that all is well. Catastrophe was avoided. The capital that some of them […]
By: Joel Charalambakis | On: October 25, 2014 |
Market Action The major indices in the U.S. had one of their best weeks in the past two years with the S&P rising over 4% and the Nasdaq over 5%. […]
By: Joel Charalambakis | On: October 23, 2014 |
Geopolitical Headlines Ebola Global concerns over the spread of Ebola have accelerated over the past few weeks. Thomas Eric Duncan, the first patient diagnosed with the virus in the U.S. […]
By: John E. Charalambakis | On: October 19, 2014 |
The Age of Michelangelo, Raphael, Leonardo da Vinci, and High Renaissance was followed by the age of Mannerism, known by its artificial qualities. Two of the main characteristics of Mannerism […]
By: Joel Charalambakis | On: October 17, 2014 |
Market Action Markets saw wild swings throughout the week without a coherent and comprehensive reason. All major averages in the U.S. ended the week down but rallied late thanks to […]
By: The BlackSummit Team | On: October 13, 2014 |
So what is going on with the recent market volatility? Is there anything to really be concerned about? Well, it would seem that the global markets are tired from so […]
By: John E. Charalambakis | On: October 12, 2014 |
Albert Camus wrote in his book The Myth of Sisyphus that “There is a metaphysical honor in enduring the world’s absurdity.” Without a doubt we live in a surreal […]
By: Joel Charalambakis | On: October 10, 2014 |
Market Action Equity markets in the major global economies continued their recent dismal performance. Concerns about global growth continue to weigh on markets as the IMF this week lowered growth […]
By: John E. Charalambakis | On: November 6, 2014 |
Searching for Escape in the Middle of Black Holes: On the Balkanization of the Markets
Searching for Escape in the Middle of Black Holes: On the Balkanization of the Markets Let’s start with defining the terms used in this commentary. A black hole is created […]