By: Laura Hochstetler | On: November 10, 2018 |
Market Action US equities regained some ground this past week while European and Asian benchmarks closed fairly flat on the week. The US 10-year Treasury note slightly declined to 3.19% […]
By: John E. Charalambakis | On: November 8, 2018 |
The international financial system is based on credit. At the heart of that system is the bond market whose global size exceeds $100 trillion. Just in the US, the bond […]
By: Laura Hochstetler | On: November 3, 2018 |
Market Action This week global equities clawed back some of the losses posted during a volatile October. Still, the month was one of the worst for equities since the financial […]
By: Rachel Poole | On: October 31, 2018 |
Here are some critical issues to watch around the globe over the coming month: North America US President Trump has succeeded in one of his major goals: renegotiating NAFTA, […]
By: Laura Hochstetler | On: October 27, 2018 |
Market Action Stock market gains have largely been eliminated for the year, indexes are in correction territory, and several S&P sectors – namely Communication Services, Energy, Financials, and Materials – […]
By: John E. Charalambakis | On: October 25, 2018 |
Yesterday, while I was boarding an overseas flight, the markets were experiencing significant turmoil. During the long flight, I had the opportunity to contemplate the causes of the recent turmoil. […]
By: John E. Charalambakis | On: October 24, 2018 |
Yesterday the Nasdaq index touched correction territory by dropping more than 10% since its recent highs. Should we be expecting a correction or even a bear market for the rest […]
By: Laura Hochstetler | On: October 20, 2018 |
Market Action At Blacksummit we are monitoring a few important indices in order to observe market momentum and understand possible market patterns and direction. In an effort to comprehend if […]
By: John E. Charalambakis | On: October 16, 2018 |
Percy Shelley’s poem titled “Ozymandias” is a sonnet, just a fourteen-line verse form that Petrarch, Spencer, and Shakespeare used during the Renaissance. Following Petrarch’s style, Shelley introduces an octave in […]
By: Laura Hochstetler | On: October 13, 2018 |
Market Action Global equities suffered their biggest weekly decline since February, partly because of rising US bond yields. For months, US equities have ignored macro issues such as the deepening […]
By: John E. Charalambakis | On: November 13, 2018 |
Victor (as in Frankenstein), Prometheus (and Pandora), and Sisyphus (and the Rock): Defiance, Derivatives, and Midas
Victor Frankenstein was the creator of the monster and not the monster itself. Prometheus’ gift of fire to humans was offset by Pandora’s box. Sisyphus’ condemnation to keep rolling the […]