Covid-19 and the Day After
Here is our take on the articles summarized below: While a flurry of positive vaccine news, declining Covid-19 case numbers, and improved economic forecasts have created optimism for a return to “normal”, we are not out of the woods yet. New Covid-19 variants...
Crossroads
At the Intersection of Geopolitics and Geoeconomics Here is a summary of the most important events that unfolded last month, and which may affect economic, financial and geopolitical issues in the months ahead: North America President Joe Biden has unveiled a $2...
Considering the Economic & Portfolio Costs of Free Money: Modern Monetary Theory (MMT) & Practice
By: John E. Charalambakis & Dale Ahearn Monetary theory, which posits that a change in money supply is the main driver of economic activity, has played a central role in attempts to manage the economy. The three main levers used by the Federal...
Geopolitical Challenges & Statecraft
Due to the Easter holiday, we will not be posting a Weekly Market Update this Saturday. The global order is entering a phase of multipolarity where a variety of ideological and political ideas are at the forefront of global leadership. To promote international...
When Moore Isn’t Enough: Part II
"The risk that matters most is the risk of permanent loss.” - Howard Marks “When we speak of risk, we are not speaking of share price volatility. Share price volatility provides us with opportunity. When we speak of risk we are thinking about exposure to permanent...
Weekly Market Update
Global Market News Global equities gain slightlyGlobal equities were slightly up on the week. Both the S&P 500 and Dow Jones posted gains of 1.57% and 1.36% respectively, while the Nasdaq decreased 0.58% on the week. The US 10-year Treasury dropped down a few bps,...
Covid-19 and the Day After
Here is our take on the articles summarized below: The growth outlook for the US economy this year is looking promising. Trillions of dollars of government stimulus have already been pumped into the economy and more is expected as the Biden administration works on...
When Isaiah Berlin Dined with Vladimir Putin: International Diversification and Intelligentsia at a Time when Dreams of Subjugation Converge in the Twilight Zone
When Isaiah Berlin sat down to draft some thoughts about his forthcoming dinner meeting with Vladimir Putin, he contemplated if the focus should be on a single theme (like it was with Xi Jinping when they met), or whether he should let the discussion flow, given the...
Weekly Market Update
Global Market News Global equities rallyGlobal equities were slightly down on the week. The S&P 500 and Dow Jones lost 0.77% and 0.46% respectively, while the Nasdaq decreased 0.79% on the week. The US 10-year Treasury continued to rise, closing Friday at 1.72%....
Geopolitical Challenges and Statecraft
There is much anticipation over the US and China’s first high-level meeting scheduled for today. Chinese-American relations have reached new lows over the last year, with tensions escalating even more in the last couple of weeks as a suspected Chinese cyberattack has...
