CROSSROADS – At the Intersection of Geopolitics and Geoeconomics
Here is a summary of the most important events that unfolded over the last month, and which may affect economic, financial and geopolitical issues in the months ahead: North America In response to Russia’s invasion of Ukraine, the US has launched a series of sanctions...
Weekly Market Update
Global Market News Global equities declineGlobal equities declined again this week as inflation soars, the war in Ukraine escalates, and fears of a recession emerge. The S&P 500 and Dow Jones closed the week down 2.88% and 1.99% respectively, while the Nasdaq...
Canceling the Noise, Not by Bread Alone: Part IV
In this edition of our series, we are focusing on two fundamental questions: Is the market stabilizing given the new reality of growth and inflation?Why has Putin’s delusional madness not succeeded in conquering Ukraine despite Russia’s indisputable military...
The Day After & the Era of Transformation
Introduction: As we continue our analysis of the Russia-Ukraine conflict this week, we re-emphasize the war’s implications for food, energy, trade, and national security. As the West continues to respond, we emphasize cool-headedness and wisdom in dealing with the...
From Augustine and Machiavelli to Hobbes and Putin’s Ukrainian War:Market Regime and the New Balance of Power
Remirro de Orco was made the governor of Romagna by Cesare Borgia for one purpose: to silence rebellious voices and pacify an insurgency. Romero failed, and his body was found in pieces in the main piazza of Cesena in 1502. Machiavelli recalled that “the ferocity of...
Weekly Market Update
Global Market News Global equities continue to fallGlobal equities continued to fall this week as the Russian invasion of Ukraine intensified. The S&P 500 and Dow Jones closed the week down 1.27% and 1.30% respectively, while the Nasdaq dropped 1.76%. The yield on...
Canceling the Noise; Not by Bread Alone – Part III
What can we conclude from a week marked by a delusional war and high volatility, and what should we be preparing for? The first graph below portrays the YTD market performance. More volatility should be expected. The level of cash in accounts should increase, hedges...
Geopolitical Challenges and Statecraft
The balance of world affairs has changed dramatically since the morning of February 24th, when Vladimir Putin launched his invasion of Ukraine. Much of the globe has coalesced against Moscow, with a few actors remaining silent and fewer still voicing outright support....
A Discussion about Crimea and Russia in St. Petersburg: The Eagles’ Echoes
We thought to share with you a piece that we had posted in 2014, almost 8 years ago. We believe It is pretty relevant for the current circumstances. March 20, 2014 I landed in St. Petersburg around midnight. Got into a taxi (an old Volga bought by the driver in former...
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 or bring attention to facts and findings that we find...
