The global equities market and its bullishness has experienced a shock. By some historical standards such as the P/E ratio and the forward-looking earnings multiple, the markets (at least some […]

Since our last post covering global hot spots, the protest movements throughout the Middle East have only continued and picked up in intensity. Oman, Saudi Arabia (BTW for how long […]

Bob Dylan’s song “The times they ‘re a changing”, fits pretty well in today’s global picture. The landscape is changing indeed. Where should we start? In the Arab world? In […]

Over the weekend the headline news was about the continuing turmoil in Arab countries. The reports state that over 200 people are dead in Libya, after the “firing on civilians” […]

Turkey has become a critical pole in the future hierarchy of global political and economic influence. The recent turmoil in the Middle East seems to be a prime opportunity for […]

On August 9th of last year, we published on this website a commentary on what amounted to be a prelude to our September newsletter, regarding the Chinese bubble. A few […]

For the second part of our series on global hot spots, it should be pretty obvious where the news waves would have us cover: the Middle East, which might be […]

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 […]

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 […]

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 […]