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 The last week of February, global markets had the worst week on record since the 2008 financial...
Weekly Market Update
Market Action Global equities fell dramatically this week as the coronavirus spread outside of China at a high rate, and fears of a global recession skyrocketed. US stocks had their worst week since the 2008 financial crisis. The S&P 500 index experienced the...
Market Outlook: Demand-Side and Supply-Chain Risks
The Coronavirus is spreading beyond China and that shook the markets both last Friday and even more so yesterday to the point that equity indexes are down for the year. On the other hand, long-term Treasuries and gold continue performing very well. Both of them are up...
Weekly Market Update
Market Action Re-emerged fears over the spread of the coronavirus seem to be the cause of the fall of global equities this week. The yield on the US 10-year Treasury note fell 11 basis points to 1.46% while the yield on the US 30-year Treasury bond hit a record low of...
Debt, Aristotle, and the Fed: A Virtuous Vice?
There is little doubt that the accommodative/expansionary monetary policy of the last 10+ years has been chasing investors and funds out the risk curve but also down the quality ladder. The voracious issuance of corporate debt has been encouraged by a dovish Fed,...
Weekly Market Update
Market Action Global equities were stronger on the week while the yield on the US 10-year Treasury note dropped two basis points to 1.57%. The price of a barrel of West Texas Intermediate crude oil increased to $52.00 from $50.65 last week. Volatility, as...
A Whole New World for Brands
“So your advantage of scale can be an informational advantage. If I go to some remote place, I may see Wrigley chewing gum alongside Glotz’s chewing gum. Well, I know that Wrigley is a satisfactory product, whereas I don’t know anything about Glotz’s. So if one is 40...
Weekly Market Update – February 8, 2020
Market Action Global equities improved on the week as fears of a coronavirus pandemic that would cripple economic growth began to subside. The yield on the US 10-year Treasury note rebounded to 1.59% from 1.53%. However, the price of a barrel of West Texas...
Growth-Value Divergence and Other Obscurities
The coronavirus has been credited with causing recent market volatility. In a single day last week, the gains made in January were wiped out, while this week the market gains erased all of last week losses. Could it be that the market is searching for direction and...
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 An airstrike launched by the US government in Iraq killed top Iranian general Qassem...
