Monthly Barometer’s Forward-Looking Monthly Review: An Interdisciplinary View of our Complex Global Economy
The global economic outlook is becoming increasingly deflationary. The dual collapse in commodity prices and EM currencies, combined with and caused by the sharp deceleration in China, exerts strong deflationary headwinds that affect the rest of the world. A situation...
Financial Stress and Expectations: The Story of Developed Markets through the Eyes of Emerging Market Realities
As we reported in our Weekly Market Update over the weekend (http://stage.blacksummitfg.com/wp-content/uploads/2015/08/BFG-Weekly-Brief-August-29-2015.pdf), the US and the EU equity markets experienced one of their most volatile weeks. Over the course of two-three...
Weekly Market Update
Market Action Wall Street saw one of its most dramatic and volatile weeks since the financial crisis. After opening Monday down 1,000 points the Dow Jones Industrial Average surged back to post a gain of over 1% this week led by Energy and Technology. While U.S....
Weekly Market Update
Market Action A devastating week for the markets has left investors searching for answers. More worries about China and the implications for global growth have been blamed, as have concerns about earnings growth for some key American firms. Investors worry that a...
On Deep States and Deep Markets: Medea Meets the Neo-Mamluk State of Global Volatility
In the summer months of 1944 World War II had taken a clear trajectory. The deadliest war period in human history was approaching its end. At that time the US was establishing not just its geopolitical power but also its geoeconomic power through the dominance of the...
Weekly Market Update
Market Action All three U.S. averages overcame a turbulent week to post slight gains on the week. Energy stocks led the way despite further declines in the price of crude oil. China’s devaluation sparked volatility across asset classes this week. The People’s Bank of...
Recalibrating Investment Strategies: Adapting in an Ever-Changing Landscape
If we took a five-minute helicopter view of the global economic landscape, what would we have observe? Starting from the country of the rising sun, we could say that Japan has been struggling for 25 years now to find its pace, and still may have a lot of work to do in...
Weekly Market Update
Market Action Utilities were once again a leading sector in U.S. equity markets this week as stocks delivered weak results. With the 10-Year treasury yield once again dipping below 2.2% investors sought out the high dividends offered by utilities. Employment data for...
The Failure of Politics: Merkel’s Euro Debacle?
It may be the great magic trick of the management consulting world: No matter how complex the situation and how iffy the outcomes may appear to be, just draw a two-by-two box for your client. Define what options to write on the x and y axes – and then the client can...
Weekly Market Update
Market Action Some poor earnings reports from a handful of notable companies and weaker than expected economic data kept equity markets in check for much of the week. With the poor data in hand Treasury yields fell giving a boost to the dividend rich Utilities and...
