By: Joel Charalambakis | On: July 16, 2016 |
Market Action US equities followed up on last week’s highs by resoundingly breaking out of their range bound trading zone of the past couple of years to set brand new […]
By: John E. Charalambakis | On: July 7, 2016 |
It is the argument of this commentary that following the Brexit vote we may be entering into a period of regime uncertainty. By the latter we mean political, economic, and […]
By: Thierry Malleret | On: July 5, 2016 |
June 2016 Britain’s decision to exit the EU may constitute the first step on a “stairway to Hell”, throwing up a tangle of economic, financial, societal, legal, political and other issues of […]
By: Joel Charalambakis | On: July 2, 2016 |
Market Action After another dismal trading session in the wake of the Brexit vote markets stormed a reversal and posted a strong gains on the week, including London’s FTSE which […]
By: John E. Charalambakis | On: June 29, 2016 |
The Brexit vote (for which we reserve some doubts that it is ever completed) generated some panic selling, sending investors to the refuge of safe havens. Hence, government bonds experienced […]
By: Joel Charalambakis | On: June 26, 2016 |
Market Action Despite recent polling data and betting markets strongly pointing towards a vote for remaining with Europe, “Brexit” became a reality. The U.K.’s choice to exit the European Union […]
By: John E. Charalambakis | On: June 23, 2016 |
“A greater Quantity [of money] employs more People than a lesser Quantity”, said John Law in 1705 in his pamphlet titled “Money and Trade Considered, with a Proposal for Supplying […]
By: Daniel Stelter | On: June 19, 2016 |
“Please don’t go” pleads the German newsweekly Der Spiegel on its cover this week, asking the British to vote against Brexit on June 23rd. Indeed, especially from the point of view of […]
By: Joel Charalambakis | On: June 18, 2016 |
Market Action Central banks around the world stood pat and let Brexit take center stage in market commentary this week. The Fed, BOJ, and Bank of England all kept interest […]
By: John E. Charalambakis | On: June 14, 2016 |
Last week the European Central Bank (ECB) started buying corporate bonds. Over the course of the last four year the ECB has committed to “do whatever it takes” to save […]
By: John E. Charalambakis | On: July 14, 2016 |
Markets’ Disconnect, Political Pandering, and Business Climate: Valuations at the Dawn of Major Chinese Refinancing Needs
It seems that the bond and equities markets are telling us two different stories. The former with the declining – and in some major cases negative – yields is like […]