Weekly Market Update
The BlackSummit Team | November 18, 2023 Global Market News Global equities make gains Global equities made gains this week. The Dow Jones and S&P 500 gained 1.94% and 2.24%, respectively, while the Nasdaq rose 2.37%. The US 10-year Treasury fell several basis...
Geopolitics & the Day After
Fighting in the Gaza Strip between Hamas and Israel continues to escalate and the humanitarian crisis continues to worsen especially as hospitals and other civilian infrastructure have become stages for the conflict. This week, we assess the possibility of a two-state...
Oh My: From Euripides and the Tragedy of the Commons to the Nietzschean Tragedy of a Bifurcated Market and Geopolitical Reality, Part I
It was April 16, 1917, when Vladimir Lenin stepped down from the train at the Finland train station in a triumphant return – after 17 years in Swiss exile – to demonstrate the will to power when the might makes it right. “Dear comrades, soldiers, sailors, and workers,...
The Wooden Nickel
The BlackSummit Team 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...
Weekly Market Update
The BlackSummit Team | November 4, 2023 Global Market News Global equities rebound Global equities made gains this week amid expectations that the Fed has ended its cycle of raising rates. The Dow Jones and S&P 500 gained 5.07% and 5.85%, respectively, while the...
Geopolitics & the Day After
This week we are looking at the economic and political forces threatening to undermine global stability. First, we take a look at the big picture of global stability through the lenses of ongoing geopolitical crises and financial turbulence. Next, we continue to track...
John Locke, the Markets, and the Chains of Power on Liberty
John Locke was the first philosopher of the Enlightenment. His works set the stage for classical liberalism which, in turn, was instrumental in the American and French revolutions. The current betrayal of Lockean principles reflects poorly on the judgment of...
Weekly Market Update
Global Market News Global equities tumble Global equities tumbled this week amid mixed earnings news. The Dow Jones and S&P 500 lost 2.14% and 2.53%, respectively, while the Nasdaq dropped 2.62%. The US 10-year Treasury reached a 16-year high of 5.01% on Monday...
Geopolitics & the Day After
As the Israel-Hamas war continues on, we begin this week's newsletter by learning more about the spillover effects of the conflict that has the potential to bring in other regional actors. Moving on to examine key market trends, we take a look at the AI-fueled...
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....
