Geopolitics & the Day After
This week in Geopolitical Concerns, we examine the unraveling of America’s traditional expertise-based foreign policy as political loyalists reshape global engagement, while a revived “concert of powers” vision signals a shift toward great-power accommodation and...
The Markets at a Junction: The Dollar, Seneca, the Flows of Capital, and Japan, Part II
When a market (or any institution) lacks an anchor, a myriad of negative repercussions unfold, starting with the lack of tranquility. The absence of the latter creates uncertainty, and the effect of the uncertainty is turmoil. In the following graph, we see the impact...
Bi-Weekly Market Update
US Equity Markets President Trump’s aggressive tariff policies and rhetoric, especially towards China and the EU, are major drivers of continued market uncertainty and volatility over the past two weeks. This is evidenced by the elevated VIX (hitting a high of over 53...
Geopolitics & the Day After
This week in Geopolitical Concerns, we examine how Europe’s strategic identity is being tested as it stands at a crossroads between deeper alignment with a U.S.-led alliance and economic entanglement with China, amid rising tariff battles and an evolving doctrine of...
CROSSROADS: Middle East, Asia, Latin America, Sub-Saharan Africa
Middle East/North Africa Last week, Israel's Defense Minister Israel Katz declared the seizure of extensive Gaza territory, creating "buffer zones" and effectively isolating Rafah, a city once sheltering over 250,000 Palestinians, with military maps showing a...
CROSSROADS: US, Europe, China & India
North America On April 2nd, U.S. President Donald Trump launched his “Liberation Day” tariff plan, imposing 10%–50% tariffs on nearly all foreign imports using a controversial formula based on trade surpluses, only to contradict prior statements over the...
Weekly Market Update
Global Market News Global Equities Rebound Global equities gained this week, attempting to recover some losses from last week's correction. The S&P 500 and Nasdaq increased 5.70% and 7.29%, respectively, and the Dow Jones rose 4.95% on the week. The U.S....
Geopolitics & the Day After
This week in Geopolitical Concerns, we examine the accelerating disintegration of the postwar global order as President Trump’s sweeping tariffs threaten to unravel decades of economic integration and strain the transatlantic alliance, while scholars warn of a...
The Wooden Nickel: Tarrified
The Wooden Nickel is a collection of roughly a handful of recent topics that have caught our attention. Here you’ll find current, open-ended thoughts. We wish to use this piece as a way to think out loud in public rather than formal proclamations or projections....
Bi-Weekly Market Update
US Equity Markets President Trump’s aggressive global tariffs, imposed across virtually all the United States’ major trading partners, have ignited fears of a full-blown trade war and potential global recession. The tariffs could raise prices, invite retaliation, slow...
