Market Paradoxes, Risks, and the Ming Dynasty: Technophilic Trends Meet Unpredictability and the Fear of Shocks
Last Friday, the S&P 500 reached an all-time high. However, the equal-weighted index of the S&P 500 is still below the old record (as shown in the graph to the right below). Moreover, the Russell 2000 is still in a bear market (more than 20% below its all-time...
Carbon Market News Roundup
January 19, 2023 | Volume 1, Issue 3 | The BlackSummit Team Welcome to the third issue of 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...
Geopolitics & the Day After
In this weeks edition of Geopolitics & the Day After, we examine a myriad of developments that may prove to be consequential for 2024. First, we discuss China's reaction to Taiwan's recent presidential election and the consequences for the global economy should...
CROSSROADS
At the Intersection of Geopolitics and Geoeconomics January 16, 2024 | Volume 7, Issue 1 | 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...
Weekly Market Update
Global Market News Global equities rise Global equities rose this week. The Dow Jones and S&P 500 grew 0.34% and 1.84% on the week, respectively, while the Nasdaq grew 3.09%. The US 10-year Treasury note fell under 4.00%, closing Friday at 3.94%. Meanwhile, the...
Geopolitics & the Day After
For 2024's first edition of Geopolitics & the Day After, we discuss the prospects for what the new year may hold. We begin with an examination of the record number of elections slated to take place around the world this year. Then, we look at the threat of a wider...
The Wooden Nickel
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. 1....
Weekly Market Update
Global Market News Global equities fall Global equities fell in the first week of the year. The Dow Jones and S&P 500 declined 0.59% and 1.52% on the week, respectively, while the Nasdaq dropped 3.25%. The US 10-year Treasury note rose back up to over 4.00%,...
Looking Forward to 2024: Optimistically Cautious While Assessing Possible Choking Points of Disruption
The actual data for 2023 turned out to be better than the projections. If those trends continue in 2024, then optimism should underline the New Year. Despite fighting a pandemic since 2020, significant supply chain turmoil, inflationary pressures, high interest rates,...
Exceptionalism and The Pillars of Society
The invitation for the end-of-the-year flight was a bit unusual. It had an image that looked familiar, as I have a copy of the painting in my office. Obviously, I thought George Grosz would be on the flight. That made the invitation to fly to Nairobi even more...
