And Now What? Financial Strategy in the Midst of Contrasting Signals
Homer taught us the contrasting qualities of leaders. Achilles was a man of action. Odysseus was a man of words. Both envisioned strategy from different perspectives. One represented strength. The other cunning. Later Machiavelli named those perspectives as force and...
Weekly Market Update
Global Market News Global equities make some gainsGlobal equities added small gains this week, a vaccine hopes overshadowed a continued increase in US Covid-19 cases. The yield of the US 10-year Treasury note remained steady at 0.62% as did Volatility which ended the...
Covid-19 and the Day After
Coronavirus Spending Pushes U.S. Budget Deficit to $3 Trillion for 12 Months Through June Kate Davidson, Wall Street JournalRead the full article here The US budget deficit has soared in the months since the pandemic began, and is projected to reach $3.7 trillion...
Debunking Investment Myths
Alex Bavelas was a 20th century psychosociologist whose research was primarily focused on how information traveled and gained acceptance in small networks. After graduating from MIT, he moved to Stanford University to teach and while there conducted one of the most...
Weekly Market Update
Global Market News Global equities little changedGlobal equities were little changed on the week. Market fluctuations this week displayed the heightened fear that the US economic recovery will lose progress as the number of Covid-19 cases surges. Reflecting such...
Covid-19 and the Day After
World Economy That Took Elevator Down Faces Steep Stairs Back Up Enda Curran, BloombergRead the full article here In the wake of what the IMF has called “The Great Lockdown,” the world has suffered from the worst economic crisis since the Great Depression. While...
Economic Recovery and Market Trajectory
When we look at US jobs data, we get a clear picture that more than 7 out of the 22 million jobs lost during the Covid-19 crisis have been recovered. That fact by itself is a powerful factor in explaining the market’s recovery. However, the surge of infections...
Weekly Market Update
Global Market News Global equities improveGlobal equities were much improved this week in part thanks to promising news of a vaccine and a much-improved US labor report. The yield on the 10-year US Treasury note increased just slightly, hitting 0.67%. The price of a...
Covid-19 and the Day After
Pandemic Causes ‘unprecedented’ fall in global trade Valentina Romei, Financial TimesRead the full article here April data reveal that world trade has experienced an “unprecedented” decline as a result of the Covid-19 pandemic. The volume of global trade in...
Crossroads: At the Intersection of Geoeconomics and Geopolitics
North America Surprisingly, global equity markets have continued their rebound, making up the ground lost in March. Many economists and investors attribute the soaring numbers to the trillions of dollars of government stimulus that has been pumped into the markets....
