By: John E. Charalambakis | On: January 17, 2011 |
We’ve mentioned on several occasions in previous newsletters and commentaries our positive growth outlook for numerous emerging economies in the near future and the growing interconnectedness among them. This isn’t […]
By: John E. Charalambakis | On: January 5, 2011 |
We have written briefly before (July 2010 commentary) on the dangers of the municipal bond market. In this commentary we make the claim that the housing sector leaves a mark of hysteresis […]
By: John E. Charalambakis | On: January 3, 2011 |
Yesterday we ran performance reports for our portfolios1. Our composite return across all portfolios was 18.11%. For comparison, our aggressive portfolio’s aggregate return was 35.95%. Annualized, these figures would exceed […]
By: John E. Charalambakis | On: December 30, 2010 |
Tα σημεία των καιρών υποδεικνύουν ότι οδηγούμεθα σε μία ιστορική περίοδο αλλαγών. Οι διαγραφόμενες αλλαγές αγγίζουν τον οικονομικό, πολιτικό, κοινωνικό, αλλά και διανοητικό χώρο. Ζει άραγε ο άνθρωπος μόνο με […]
By: John E. Charalambakis | On: December 22, 2010 |
On Logos, Retooling Growth, and Contagion Fears: Conventional and Non-Conventional Thoughts on the Occasion of the Days at the Dawn of 2011 A few months ago on this part of […]
By: John E. Charalambakis | On: December 20, 2010 |
The late Kenneth Lay of Enron renamed his company from Enteron to Enron and moved the headquarters to Houston, Texas, ready to become the global trading conglomerate of energy, with […]
By: John E. Charalambakis | On: December 13, 2010 |
One of the great joys of my job is to meet old and new friends who teach and/or remind me of marvelous concepts and ideas. One such incident happened about […]
By: John E. Charalambakis | On: November 29, 2010 |
Fact 1: In the early 1990s, if it were not for Europeans and the US, Germany would have had a pretty rough and bumpy ride towards its reunification. The direct […]
By: John E. Charalambakis | On: November 10, 2010 |
First of all, a special note of thanks to a good friend (IKM) who recently reminded me of the concept of Seisachtheia. Thus, a historical reference is needed first (please […]
By: John E. Charalambakis | On: November 8, 2010 |
They did it again. They rolled the dice again in favor of $600 billion in purchases, and when we count the repurchases of other paper-instruments (e.g. mortgages and MBS), the […]
By: John E. Charalambakis | On: January 26, 2011 |
European Debt Scenarios and Prospects for Growth
A few weeks ago we wrote that we are optimistic that another deep crisis will be avoided and that the Euro will survive. Recent developments and scenarios are unfolding that […]