Assessing the Outlook of 2021: Part II
“I am not what I am”, Iago proclaimed in Shakespeare’s Othello, and I am also thinking of similar lines proclaimed by Arthur Dimmesdale in Scarlet Letter, Jay Gatsby in The Great Gatsby, Emma Bovary in Gustave Flaubert’s Madame Bovary, or Anna Karenina in Tolstoy’s...
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 After months of negotiations, Congress has finally passed a pandemic relief package. Though he...
Covid-19 and the Day After
Here is our take on the articles summarized below: The coronavirus pandemic has dramatically shifted the trajectory of the global economy, highlighting several trends that were already present before the pandemic such as digitalization, and corporate consolidation...
Geoeconomic and Geopolitical Options in the Day After: A Conversation with Eugene Delacroix, Charlemagne, and Paul Moritz Warburg
The end-of-the-year special flight has been a highlight for me for the last eight years since it’s not only a learning and entertaining experience, but also has served as an inspiration for the forthcoming year. Obviously, the question had been if, due to Covid-19,...
Geopolitical Challenges and Statecraft
The world may be reaching another inflection point in the next few years. Instability (political, economic, social, financial) and upheaval may be reaching alarming levels. Consequently, the global balance of power may be shifting. The act of rebalancing the...
What Does the Market Expect for Dividends?
"We have made very little progress in life by trying to outguess these macroeconomic factors. We basically have abdicated. We’re just swimming all the time, and we let the tide take care of itself.... The trouble with making all these economic pronouncements is that...
Weekly Market Update
Happy Holidays from the BlackSummit team!Due to Christmas and the New Year, the Weekly Market Update will not be published on December 26th or January 2nd. Global Market News Global equities reach record levelsGlobal equities reached record levels this week as...
Covid-19 and the Day After
Here is our take on the articles summarized below: While stock markets have seen an incredible recovery since the crash at the outset of the Covid-19 pandemic, other crucial building blocks of the global financial system have suffered in the background. Hopes are high...
Assessing the Prospects of 2021: Part I
Is our desire to assess and “predict” the future a reflection of what is known for thousands of years now as being “partakers of the divine nature”? I started my weekend reading on that subject by reviewing writings by Gregory of Nyssa, John Wesley, and Karl...
Weekly Market Update
Global Market News Global equities fall on the weekAfter entering record-high territory last week, global equities fell this week as global Covid-19 cases continued to rise sharply. The yield on the 10-year US Treasury note dropped to 0.89% from 0.96% last week while...
