Weekly Selections from Monthly Barometer
5 insightful op-eds or articles to help make sense of today’s world Nouriel Roubini, “The Changing Face of Global Risk” (Project Syndicate, March 31, 2014) Nouriel thinks that the six main global risks of a year ago (Eurozone breakup, fiscal crisis in the US,...
A Review of the Most Important Global Events in March by Monthly Barometer
March heralds the return with a vengeance of geopolitical risk. The Ukrainian crisis, the rise of secular tensions in much of Asia, sectarian and civil strife in the “arc of instability” that stretches from Western Africa to Central Asia, social unrest in several emerging economies: when considered individually, all these crises…
Weekly Selections from Monthly Barometer
BlackSummit Financial Group, Inc. proudly introduces The Monthly Barometer. The Barometer is written by Thierry Malleret, a professional with whom we collaborate with. Thierry brings a uniquely insightful perspective to global economics and geo-politics. We have found...
Weekly Market Update
Market Action The equity markets as measured by the Dow gained 19.78 points for the week while the S&P lost 10.05. Technical indicators imply a cautious approach. Biotech continued to weigh on the market this week. The index is down almost 14% since the end of...
Weekly Selections from Monthly Barometer
BlackSummit Financial Group, Inc. proudly introduces The Monthly Barometer. The Barometer is written by Thierry Malleret, a professional with whom we collaborate with. Thierry brings a uniquely insightful perspective to global economics and geo-politics. We have found...
Weekly Market Update
Market Action The equity markets as measured by the Dow and S&P gained 132.74 and 13.77, respectively despite weak performances today. The recent rally was slowed this week by the Fed’s comments on raising rates and Crimea concerns. The health care sector realized...
A Discussion about Crimea and Russia in St. Petersburg: The Eagles’ Echoes
I landed in St. Petersburg around midnight. Got into a taxi (an old Volga bought by the driver in former Eastern Germany when he was serving there on a special assignment) and we started driving toward the hotel. The driver’s name was Nitup. From the very start the...
Weekly Selections from Monthly Barometer
BlackSummit Financial Group, Inc. proudly introduces The Monthly Barometer. The Barometer is written by Thierry Malleret, a professional with whom we collaborate with. Thierry brings a uniquely insightful perspective to global economics and geo-politics. We have found...
The Shadows of History Confront the Appetite for Risk: Consolidating the Upward Trend
In 1940, the then Soviet Union overthrew the governments of the Baltic nations (Latvia, Estonia, and Lithuania), rigged the elections, and forced the newly “elected” governments to request admission into the USSR. Today’s Russia plans to annex the Crimea region after...
“Veni Vidi Vici”: “Cur Ante Tubam Tremor Occupat Artus?”
The first part of the title above - meaning “I came, I saw, I conquered” - was pronounced by Julius Caesar in 47 B.C. when he emerged victorious over Pharnaces, the king of Pontus. The second part is taken from Virgil and means “Why should fear seize the limbs before...