Reviewing Economic Developments: Getting Away from Colchis with the Golden Fleece
During the month of July, economic momentum lost ground, as portrayed by the Consumer Sentiment Index shown below. Data related to employment, spending, and mobility also reflected the slow down. Caution is also expressed regarding the next 2-3 months as the flu...
Weekly Market Update
Global Market News Global equities make gains - Global equities made gains this week. The Nasdaq Index hit a new record this week, surpassing 11,000. The yield on the 10-year US treasury note improved slightly to 0.56% while the price of a barrel of West Texas...
Covid-19 and the Day After
The Covid-19 Pandemic is Forcing a Rethink in Macroeconomics The EconomistRead the full article here The Covid-19 pandemic may be ushering in a new era of macroeconomics. Supply chains and production have been disrupted, but demand has taken the hardest hit. The...
Crossroads: At the intersection of geopolitics and geoeconomics
Here is a summary of the most important events that unfolded this month, and which may affect economic, financial and geopolitical issues in the months ahead: North America Over the last month, tensions between the US and China have escalated to new highs. At the...
If FAANG is the Answer, then what are the Questions?
Sometimes I feel that I have no answers, and as a teacher my role is to question my students’ answers. When unrestricted growth and concentrated power is amassed at the hands of a few players, then the economy may end up stagnating, inequalities may start exploding,...
Weekly Market Update
Global Market News Global equities mostly flatGlobal equities saw little change on the week. We saw initial signs of turmoil and higher risks associated with market valuations. The yield on the US Treasury dropped to 0.55%, and the price of a barrel of West Texas...
Covid-19 and the Day After
Here is a summary of four articles with unique insights that may have an impact on our lives and portfolios in the medium term. Redrawing the Map of Global Trade Boston Consulting GroupRead the full article here More than anything else, the coronavirus crisis has been...
Money, Debts, Gold and the Greenback: When Yeats Met Orwell
In his sixth section of “Meditations in Time of Civil War”, the famous Nobel laureate Irish poet (and pillar of literature) William Butler Yeats writes: “We had fed the heart on fantasies, the heart’s grown brutal from the fare. More substance in our enmities than in...
Weekly Market Update
Global Market News Global equities suffer slight dropGlobal equities ended the week down slightly as news of rising unemployment and heightening tensions between the US and China beat out stimulus and vaccine hopes. The yield on the US Treasury dropped to 0.59%, while...
Covid-19 and the Day After
By Rachel Poole and Tyler Thompson There are those who make a difference. There are those who draft history. And then there are those who change history forever. We hope that our readers will enjoy one of the last interviews that Paul Volcker - the best Chairman of...
