CROSSROADS
At the Intersection of Geopolitics and Geoeconomics August 15, 2023 | Volume 6, Issue 7 | 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...
Geopolitics & the Day After
This week's edition focuses on green energy commodities and the consequent geopolitical impact, the ramifications for the Russian state as the war in Ukraine sallies on with no end in sight and cracks in the power structure start to take shape, and five long-term...
Statecraft, Geopolitics, and Market Outlook, Part I: Etiolation and the Lessons from Herodotus, Dante, and George Kennan
John E. Charalambakis Herodotus made the call. Dante was on the other side answering the call at 1600 Pennsylvania Avenue. George F. Kennan was summoned in order to break the news to the President: The Chinese just announced the annexation of the Scarborough Shoal....
Weekly Market Update
The BlackSummit Team | August 5, 2023 Global Market News Fitch Ratings downgrade causes bond yields to riseOn Tuesday, Fitch Ratings bumped the credit rating of the United States' debt by one notch, from AAA to AA+, in response to the debt ceiling...
Geopolitics & the Day After
This week's edition covers issues spanning economics, geopolitics, and global climate change. We start by reviewing the continuing fight against inflation from the United States to Europe. Then, we move into looking at the significance of the coup that recently...
Market Fundamentals and Direction, Part II: Caesar, Bach, and the Day After
In the first part of this commentary, we examined two contrasting views of the market’s direction. The one describes a resilient economy. The other raises concerns about economic fundamentals that cannot justify significant equity exposure. As the commentary...
Weekly Market Update
The BlackSummit Team | July 29, 2023 Global Market News Global equities make gainsGlobal equities made gains this week. The S&P 500 and Dow Jones closed up 1.01% and 0.66%, respectively, while the Nasdaq gained 2.02% over the week. The US 10-year Treasury ticked...
Geopolitics & the Day After
July 27, 2023 This week's edition covers risks posed to the global economy and the opportunity for the African continent. We start by reviewing the supply of critical minerals and the impact geopolitics may have on China's role in the marketplace. Then, we move into...
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...
