By: The BlackSummit Team | On: May 9, 2014 |
Market Action Poor international data inspired a downward start this past week. PMI data from China indicated contraction while escalating Ukrainian instability and more punitive sanctions coming from Europe against […]
By: Thierry Malleret | On: May 5, 2014 |
5 insightful op-eds or articles to help make sense of today’s world Raghuram Rajan, “Containing Competitive Monetary Easing” (Project Syndicate, April 28, 2014) This is an article based on a […]
By: The BlackSummit Team | On: May 4, 2014 |
Market Action Talk of M&A activity early in the week elevated markets as GE’s attempt to acquire Alstom and Pfizer’s bid for AstraZeneca dominated headlines. Stronger than expected data on […]
By: The BlackSummit Team | On: May 2, 2014 |
Despite inflation surging in countries like Brazil and Russia, the global economic environment remains deflationary. Leaving aside the big deflationary trends such as aging, weak aggregate demand, stagnating real wages, […]
By: Thierry Malleret | On: April 27, 2014 |
5 insightful op-eds or articles to help make sense of today’s world Martin Wolf, “A More Equal Society Will Not Hinder Growth” (Financial Times, April 24, 2014 – metered paywall) […]
By: The BlackSummit Team | On: April 25, 2014 |
Market Action Equity markets started the week strong as a supposed agreement to deescalate tensions between Russia and Ukraine cooled risk concerns and paired with strong earnings reports, particularly from […]
By: John E. Charalambakis | On: April 23, 2014 |
This commentary serves as an initial attempt to explain the financial crisis, the current market upswing, and the potential brewing crisis which in a few years time could change the […]
By: Thierry Malleret | On: April 22, 2014 |
5 insightful op-eds or articles to help make sense of today’s world Adair Turner, “The High-Tech, High-Touch Economy” (Project Syndicate, April 16, 2014) The financial pundit observes that we live […]
By: John E. Charalambakis | On: April 21, 2014 |
Just a few days ago an event took place in Australia that received very little coverage. Fearing a run on a bank the Australian government guaranteed deposits up to $1 […]
By: The BlackSummit Team | On: April 18, 2014 |
Market Action The US equity markets rebounded this week to effectively erase prior week’s losses in all areas save for technology. The Dow gained 381.79 points for the week while […]
By: John E. Charalambakis | On: April 29, 2014 |
Prudential Banking: Giving Credit Where Credit is Due
Early this morning I was listening to the announcement about Deutsche Bank’s (DB) profits, which came in “better than expected” and hence its stock price gained more than 2% for […]