A Prelude to an Upcoming Paradigm Shift: The Torments of the Absurd
Albert Camus wrote in his book The Myth of Sisyphus that “There is a metaphysical honor in enduring the world’s absurdity.” Without a doubt we live in a surreal marketplace which has managed without a monetary anchor to create a major crisis every few years,...
Weekly Market Update
Market Action Equity markets in the major global economies continued their recent dismal performance. Concerns about global growth continue to weigh on markets as the IMF this week lowered growth forecasts for 2014 and 2015. The Dow Jones is now essentially flat for...
Weekly Market Update
Market Action A better than expected jobs report released on Friday provided some good news for markets. All major equity markets in the U.S. were down on the week. European markets also declined this past week. Scant information from Mario Draghi on an asset purchase...
Geopolitical Journal: October 2nd
Geopolitical Headlines Hong Kong - Protests in Hong Kong have gathered steam during most of the past week ahead of a Chinese national holiday on Wednesday. Demonstrators are demanding for a more transparent and democratic process with regards to how Hong Kong is...
A Review of the Most Important Global Events in September by Monthly Barometer
The global economic outlook is best summed up in the word “precarious”. Why? (1) Projections for global growth are being lowered - to marginally above 3% for this year and 2015 - by both international financial institutions and banks (2) Central bankers now...
Weekly Market Update
Market Action U.S. equity markets experienced considerable swings this week. The Dow saw triple digit falls and increases multiple times. Friday saw markets recovering losses but still ended down on the week. Economic growth for the U.S. was revised even higher for...
Decrescendo Doloros: Central Power and the Internal Forms of Decay
The backbone of fiction, poetry, and drama of current generations is a mirror image of the philosophical struggles of the previous generations. The writings of Aeschylus, Euripides, Sophocles, and so many others in ancient Greece were reflections of the golden age of...
Weekly Market Update
Market Action Stocks in the US returned to posting gains during the week. Janet Yellen’s press conference on Thursday showed no definitive sign of monetary tightening, boosting markets. Other major markets also gained during the week. The continued depreciation of the...
Probable Paths of Improbable Choices: Scotland, Devolutionary Forces, the EU, and Mr. Market
This Thursday (September 18th), the people of Scotland are called to choose between going alone as an independent state or staying under the umbrella of Britain and the United Kingdom. The pro-independence camp (that advocates a yes vote in the referendum) claims that...
Geopolitical Journal: September 14th
Geopolitical Headlines ISIL/Iraq/Syria - President Obama announced the deployment of 475 military personnel to Iraq on Wednesday night to assist airstrikes that have the intent to destroy the terrorist organization known as ISIL or the Islamic State. The announcement...
