By: John E. Charalambakis | On: January 13, 2014 |
Richard Koo has been known as the father of the “balance sheet recession” theory. The essence of his theory states that monetary policy becomes ineffective when interest rates drop to […]
By: John E. Charalambakis | On: January 5, 2014 |
In this third and final commentary regarding market trends and prospects in 2014, I would like us to concentrate on what we assess to be key-elements for equity markets as […]
By: John E. Charalambakis | On: December 29, 2013 |
I boarded the flight from Chicago to London. From the plane’s speakers I could clearly hear Tom Petty’s voice singing his song about “dancing in the zombie zoo”. “How appropriate”, […]
By: John E. Charalambakis | On: December 21, 2013 |
Numbers reveal conceptual relationships. Price movements become powerful sources of inferential knowledge regarding changing historical conditions. The rhythms of price movements signify an historical inevitability as has been shown over […]
By: John E. Charalambakis | On: December 12, 2013 |
All signs – as initially discussed below – point to a good year for equities in 2014. Of course, we are not deaf to the voices that talk about a […]
By: John E. Charalambakis | On: December 6, 2013 |
Next Tuesday U.S. regulators are expected to approve a stricter version of the Volcker rule. The latter prohibits banks from proprietary trading which was at the heart of the financial […]
By: John E. Charalambakis | On: November 27, 2013 |
Last Saturday night the P5+1 nations (US, UK, France, Germany, Russia, and China) signed a limited agreement with Iran that paves the way for something which potentially would be very […]
By: John E. Charalambakis | On: November 14, 2013 |
Two days ago the third plenum of the Chinese eighteenth central committee meeting ended and all indications point to an historic event. Third plenums tend to consolidate power for the […]
By: John E. Charalambakis | On: November 10, 2013 |
Goethe’s insights into the seriousness of the problem of historical epistemology reminds us that in human history some have chosen to reject the notion of historical truth by diverting their […]
By: John E. Charalambakis | On: November 2, 2013 |
The essence of this commentary is twofold: First, to explain how and why the rising levels of financial lubrication are expected to generate and support a rally in equities and […]
By: John E. Charalambakis | On: January 18, 2014 |
On Malaise, Credit Flows, and Historical Roots: The Watershed Period and the Echoes of Tijuana Moods
As noted from these commentary pages before, I believe that we have entered into a watershed period that will determine if in about two-three years the global economic system collapses, […]