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...
Weekly Market Update
The BlackSummit Team | December 23, 2023 Global Market News Global equities make gains Global equities made modest gains. The Dow Jones and S&P 500 increased 0.22% and 0.75% on the week, respectively, while the Nasdaq rose 1.21%. The US 10-year Treasury note was...
Geopolitics & the Day After
As we reach the last Geopolitics & the Day After newsletter of the year, we examine some of the larger trends and recent news items that we believe warrant consideration for the future. We begin with a discussion about the shifting nature of the global economic...
CROSSROADS
At the Intersection of Geopolitics and Geoeconomics December 19, 2023 | Volume 6, Issue 11 | 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...
Carbon Market News Roundup
December 18, 2023 | Volume 1, Issue 2 | The BlackSummit Team Welcome to the second issue of our new 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 first...
Weekly Market Update
Global Market News Global equities make gains Global equities made gains this week with several indices rising and the 10-year Treasury note falling as the Fed signaled rate cuts in 2024. The Dow Jones and S&P 500 increased 2.92% and 2.49% on the week,...
Geopolitics & the Day After
As the year comes to a close, we are reviewing some of the geopolitical and geoeconomic highlights that have dominated the news cycle over the last few weeks. We begin with a discussion on rising conflict across the world and whether or not the West is prepared for...
Assessing the Outlook for 2024
John E. Charalambakis & Mohamed Ramzi Roshdi We all remember, not with the fondest memories, the market performance in 2022. The S&P 500 lost 19.4%, and even long-term government bonds performed badly (losing 31.2%) as interest rates kept rising. The...
Weekly Market Update
Global Market News Global equities cool Global equities cooled this week after a strong US jobs report pushed back the expected timeline on when the Federal Reserve would begin cutting rates. The Dow Jones and S&P 500 increased 0.01% and 0.21%, respectively, while...
