By: Chairman Paul Volcker | On: September 27, 2011 |
We are pleased and honored to bring you the following speech by permission from Chairman Volcker. The text of this speech was delivered to the Group of Thirty on September […]
By: John E. Charalambakis | On: September 12, 2011 |
A friend describes in a book he wrote about twenty five years ago, how when they were kids he and one of his friends went into a five-and-dime store and […]
By: John E. Charalambakis | On: September 2, 2011 |
China has been in the news again recently, and hence we would like to offer an update on our previous writings on the subject. However, before we do so, allow […]
By: John E. Charalambakis | On: August 29, 2011 |
When the EU started feeling the heat in its periphery, and fearing damages to its core, it established the EFSF (European Financial Stability Fund). We have expressed elsewhere some of […]
By: John E. Charalambakis | On: August 22, 2011 |
Markets could implode from within creating black holes where everything goes in and nothing comes out, destroying in the process paper wealth but also real economies. The essence of Gamma […]
By: John E. Charalambakis | On: August 16, 2011 |
It seems that we are on a ship, that has lost its anchor, left the port for a journey in uncharted waters, and we suddenly discovered that the gorilla we […]
By: John E. Charalambakis | On: August 8, 2011 |
Last Friday’s evening downgrade by the S&P was ill-timed and ill-advised. We wrote a week ago that we would not be surprised if it took place. We will reiterate our […]
By: John E. Charalambakis | On: August 1, 2011 |
As we are drafting this commentary, the news is that a deal for the US debt limit is very close to be completed, that will involve the raising of the […]
By: John E. Charalambakis | On: July 21, 2011 |
As an opening statement allow us to paraphrase David Liss’ claim in his novel A Conspiracy of Paper, where he claims that finance is an animal, and the government needs […]
By: Chairman Paul Volcker | On: July 18, 2011 | Tags: Guest Commentary
We are very pleased and honored to use by permission the latest speech that former Chairman of the Federal Reserve System Mr. Paul Volcker gave in London last Thursday, July […]
By: John E. Charalambakis | On: September 19, 2011 |
On Being and Nothing: Are the Markets Reflecting the Becoming of Nothingness?
The markets nowadays are in purgatory. What is the task of professional market watchers and fund managers? In a nutshell we would say it is to unmask portfolio holding’s self- […]