Publications
By: John E. Charalambakis | On: December 15, 2012 |
Smoking Mirrors and Angelic Demons: Assessing the Prospects of 2013, Part I
The renewal of the swap lines among the major central banks was a footnote for the financial markets and for the financial publications in the last couple of days. However, […]
By: John E. Charalambakis | On: December 8, 2012 |
Could we Start Experiencing a Normalization of Dislocation? An Assessment of Risks
In the last few days, some reports have been circulated – by prominent Wall Street banks –which tell us that things will return to normal in 2013. With all due […]
By: John E. Charalambakis | On: November 30, 2012 |
A Falsis Principiis Proficisci: Do we Plan for the Future by Setting Forth the Wrong Principles?
We have all faced situations where everything is about politics. Unfortunately, it seems that we have not learned yet that while everything is politics, politics is not everything. The EU […]
By: John E. Charalambakis | On: November 12, 2012 |
The Chastising of the Markets: The Slippery Slope of Declining Confidence
About ten days ago Germany reported its latest deterioration in business climate. German companies expressed significant dissatisfaction with current business conditions. Most probably they have start comprehending that the disintegration […]
By: John E. Charalambakis | On: November 3, 2012 |
Corporate Cash in Balance Sheets: What Does the Story Imply?
Corporate buybacks are used to return cash to stockholders. Moreover without committing to higher dividends they boost earnings per share, and anchor the spread of equity dispersion. In times when […]
By: John E. Charalambakis | On: October 24, 2012 |
The EU and the Amazing Act of Shooting Slower than its Shadow: Twenty One Eurogroup Meetings Later, Where is the Substance?
There are two opposing forces that are taking place in the EU. One pushes for greater political and economic integration, the other for greater disintegration. At the same time secession […]
By: John E. Charalambakis | On: October 19, 2012 |
The Markets and Zeno’s Dilemma: Transcending the Complexity of Transfinite Policies
The markets’ developments in the last few months may resemble Zeno’s paradox. According to it, the flight of an arrow signifies the impossibility of change or motion. At any given […]
By: John E. Charalambakis | On: October 11, 2012 |
The Ecosystem of Money: The Placebo Remedy to the Growth Dilemma
Let me be pretty blunt in this commentary. Growth is stalling almost everywhere due to the gargantuan amount of debt (public and private). Central banks have been exploiting their balance […]
By: John E. Charalambakis | On: October 4, 2012 |
A Note on China and India: The Pacific and the 21st Century Dilemma of “Buddenbrooks”
Thomas Mann was the recipient of the Nobel Prize in Literature in 1929. His novel titled Buddenbrooks has been credited for such success. The novel chronicles the decline of a […]
By: John E. Charalambakis | On: September 24, 2012 |
The Dislocation of Risk and the Mispricing of Assets: The Koilogastor Market
What is a koilogastor market? One interpretation could be a market characterized by gluttony and voracity. Another could be a market whose womb is empty while declaring that a baby […]
By: John E. Charalambakis | On: December 21, 2012 |
Majoring in the Minors: Economic Realities and Phantom Diversions
In this commentary, we will discuss examples of how misguided policies and debates focus the public’s attention to minor issues, with the result being that the causes are not addressed, […]