Weekly Market Update
Global Market News Global equities make gains Global equities made gains this week, despite the US debt ceiling issue remaining unresolved. The S&P 500 and Dow Jones closed up 1.65% and 0.38%, respectively, while the Nasdaq gained 3.04%. The US 10-year Treasury...
Geopolitics & the Day After
May 18, 2023 The US debt ceiling standoff continues to make headlines, perhaps bringing more fear than is actually warranted, as we explore in this week's first entry. In other financial market news, we take a look at the concept of a digital euro which the ECB hopes...
CROSSROADS
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: North America Following the Republican-led House of Representatives passing of a bill to raise the US...
Weekly Market Update
The BlackSummit Team | May 13, 2023 Global equities fall Global equities fell on the week. The S&P 500 and Dow Jones closed down 0.29% and 1.11%, respectively, while the Nasdaq gained 0.40%. The US 10-year Treasury yield ticked up a few basis points,...
Geopolitics & the Day After
Geopolitical and financial risks continue to mount, threatening to create new crises out of the crises that the world has endured in recent years. The risk of complete US-China decoupling - which would undoubtedly have a huge ripple effect on global growth - has...
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. The...
Weekly Market Update
Global Market News Global equities tumble Global equities were down on the week as banking concerns and fear over a US default mounted. The S&P 500 and Dow Jones closed down 0.80% and 1.24%, respectively, while the Nasdaq gained 0.10%. The US 10-year Treasury...
Revisiting the Libation of Bearers: Aeschylus, the Serpent, and Hotel California (Canceling the Noise, Not by Bread Alone: Part XXIII)
Upon return from Troy, Agamemnon is killed by his wife Clytemnestra. Orestes and his sister, Electra, are resolute on killing their mother and her lover, both of whom are thirsty for power. Now, Clytemnestra is having a dream where she gives birth to a serpent. The...
Cheap, Clean, and Risk-Free: Europe’s Strategic Energy Decoupling
Three weeks ago, we wrote about the factors propelling the energy transition. For this week’s commentary, we will detail the energy challenges facing Europe in particular. Despite being the world’s second-smallest continent, Europe boasts the world’s...
Weekly Market Update
Global Market News Global equities slightly positive Global equities made small gains on the week. The S&P 500 and Dow Jones closed up 0.87% and 0.86%, respectively, while the Nasdaq gained 1.28%. The US 10-year Treasury yield dropped 13 basis points to end the...
