Geopolitics & the Day After
In this week's newsletter, the Geopolitical Concerns section explores how Trump’s rapprochement with Russia is upending decades of U.S. foreign policy, Europe's urgent reassessment of defense spending, China's bid for a new global order, and the implications of...
In the Wilderness of Mirrors: The Bayesian Order, the Overton Window, Rising Uncertainty, and Expected Outcomes
Last Friday, the significant drop in consumer sentiment fueled turmoil and led the market into a downward spiral that ended the day with a 1.7% decline, wiping out almost all gains since the election on November 5th, as shown below. As our commentary two...
Regional Market Watch
European Markets Corporate and Business News German commercial property prices fell 5.4% in 2024, a fourth consecutive year of declines, but showed some signs of stabilization as the country's real estate sector tries to shake off its worst crisis in decades. German...
Geopolitics & the Day After
In this week’s newsletter, in Geopolitical Concerns we highlight Trump’s shifting foreign policy, signaling potential U.S. disengagement from Ukraine and Europe while strengthening ties with Russia, sparking European concerns. In Geoeconomics, we examine the pressures...
CROSSROADS: Middle East, Asia, Latin America, Sub-Saharan Africa
Middle East/North Africa In early February, US President Donald Trump proposed that the US should take control of Gaza, remove its 2.3 million residents, and relocate them to Egypt and Jordan, in order to “redevelop” Gaza. His plan was widely condemned and a violation...
CROSSROADS: US, Europe, China & India
North America Since taking office on January 20th, US President Donald Trump has issued over 50 executive orders, more than any president since Harry Truman in his first 100 days. These executive actions cover a wide range of topics, including environmental...
Weekly Market Update
Global Market News Global Equities Make Gains Global equities made gains this week. The S&P 500 and Dow Jones gained 1.47% and 0.55%, respectively, while the Nasdaq increased 2.58%. Despite spiking to 4.65% on Wednesday after the release of strong...
Carbon Market News Roundup
Welcome to our monthly newsletter, Carbon Market News Roundup, the goal of which is to introduce our audience to a new asset class market in the making: the carbon market. Our previous issues, along with the rest of our commentaries, may...
Geopolitics & the Day After
This week's newsletter dives into intensifying geopolitical developments across the globe. China’s aggressive diplomatic campaign to isolate Taiwan gains traction in the Global South, while Ukraine’s mineral wealth has become a strategic prize for the US, EU, and...
On Sentiments, Expectations, and the Vitality of Institutions: The Role of Gold
In the commentary we published two weeks ago, we described Mr. Market as an entity that from time-to-time suffers from a manic-depressive syndrome. Yesterday, Bloomberg reported that the stock market sentiment was approaching manic level by late January, as shown...
