There is Too Much Money in the System
Different manifestations of money are better understood than others. The paper bills in our wallets and the digits sitting in our checking and savings accounts at the bank are easily understood. Since the Financial Crisis, investors and market participants have had to...
Weekly Market Update
Global Market News Global equities mixed Global equities were mixed this week as several disappointing tech earnings reports came out. The S&P 500 and Dow Jones closed up 0.69% and 2.08%, respectively, while the Nasdaq closed down 0.57%. The US 10-year Treasury...
Geopolitics & the Day After
This week's edition examines the major geoeconomic and geopolitical shifts that are underway in a new era of global volatility. We start by reviewing global demographic trends, where wealthy countries and developing countries have divergent futures. We move into the...
The Anatomy of Underpinning Upheavals, Part III: Money, Kant, and the Platonic Shadows
Is there a Kantian Categorical Imperative for change in the international reserve system? A recent article by Bloomberg had the following introductory note: “All around the world, a backlash is brewing against the hegemony of the US dollar. Brazil...
Geopolitics & the Day After
This week's edition brings together geopolitical change alongside economic opportunity. We start by reviewing political trends in Europe, as far-right parties gain strength across the Eurozone. We move into clean technology and the opportunity for cleaner and more...
Burning Money: The Harm and Waste of Gas Flaring
It’s a striking image: a line of stick-thin metal towers arrayed across oilfields, spewing fireballs that wave like orange flags against the blue sky. The towers, appropriately called flare stacks, burn the gas that is produced during oil extraction in a process...
CROSSROADS
At the Intersection of Geopolitics and Geoeconomics July 11, 2023 | Volume 6, Issue 6 | The BlackSummit Team Here is a summary of important events that unfolded over the last month, and which may affect economic, financial, and geopolitical issues in the months ahead:...
Weekly Market Update
Global Market News Global equities see losses Global equities were down this week amid a sharp rise in global bond yields. The S&P 500 and Dow Jones closed down 1.15% and 1.93%, respectively, while the Nasdaq lost 0.90%. The US 10-year Treasury jumped several...
Geopolitics & the Day After
This week we begin with an examination of this year's geo-economic risks borne by both Europe and the Americas. We then move to a discussion of how US disengagement from the Middle East requires changes in American foreign policy. Next, we take a look at trends in the...
Decoding Carbon Removal: Innovative Methods for Removing Greenhouse Gas
There are several different avenues of approach that have emerged to combat climate change. One is carbon reduction which includes the removal of carbon from the atmosphere. Subsequently, a new carbon trading sector has emerged and carbon emissions has become one of...