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...
Weekly Market Update
Market Action Equities markets posted poor performance this week in the US and Asia. Little new economic data was released but the momentum for Scottish independence and news of additional military ventures in Iraq weighed on markets. Japan has intensified its easing...
On the Infinite Appetite for Self-Destruction and the Unlimited Capacity for Trivialization
We are approaching the time when the ECB will pull the trigger and will start buying paper “assets” (i.e. someone else’s liabilities) in the ultimate hope of stimulating a paralytic EU economy that is devastated by regulations, high taxes, unsustainable debt and...
Weekly Market Update
Market Action Mario Draghi poured fuel onto the fire that has been lifting European equities. His announcement of further reductions in interest rates, including an even further negative deposit rate, along with a new program to purchase assets from banks directly...
Strategic Misconceptions and Market Expectations: The Brighter Side of a Dark Moon
In the last few days we’ve observed geopolitical events taking place from the Middle East to Eastern Europe and from Africa to Asia, shaking the markets and molding expectations. The Islamic State in the Middle East endangers not only regional stability but also...
A Review of the Most Important Global Events in August by Monthly Barometer
Recent economic developments give credence to the idea that the world has entered an era of slower growth and higher unemployment. Surprisingly, this remains a minority view at a time when the US economy might stall, the Eurozone and Japan are struggling with barely...
