Covid-19 and the Day After
Given the unprecedented times we're living in, we thought that it might be helpful to send, once a week, a summary of 3-4 articles which reflect the new realities and their potential impact on our lives and assets. Our assessment is that it may take at least...
Covid-19 and the Future of the Eurozone
“Not all the Germans believe in God, but all the Germans believe in the Bundesbank”, (Jacques Delors, the famous former head of the European Commission) The Euro lost minimal ground this past week. However, a significant event took place last Tuesday, which was...
Weekly Market Update
Global Market News Global equities higher on the weekGlobal equities were higher on the week as markets continue to rally despite the blow to payrolls announced on Friday. The yield on the US 10-year Treasury note rose from 0.62% to 0.68% over the week. Continuing its...
Covid-19 and the Day After
Given the unprecedented times we're living in, we thought that it might be helpful to send, once a week, a summary of 3-4 articles which reflect the new realities and their potential impact on our lives and assets. Our assessment is that it may take at least...
Crossroads: At the Intersection of Geopolitics and Geoeconomics
Here is a summary of the most important events that unfolded this past month, and which may affect economic, financial and geopolitical issues in the months ahead: North America Crude oil futures went negative for the first time in history on April 20th....
Weekly Market Update
Global Market News Global equities slightly downGlobal equities were slightly down on the week. The US 10-year Treasury note was also little changed this week, yielding 0.62% at the end of the week. Though market volatility, as measured by the Cboe Volatility Index...
From Westphalia (1648) to Vienna (1815) and onto Paris (1919), Bretton Woods (1944), Camp David (1971) and the forthcoming Paradigm Shift: Part IV (final), Rebalancing of Power
In the second book of Aristotle’s Nicomachean Ethics we are confronted with a list of virtues and vices. In that table we read about andreia (courage), sophrosune (temperance), eleutheriotes (liberality), megaloprepeia (magnificence), megalopsuchia (magnanimity),...
Weekly Market Update
Global Market News Global equities slightly lowerThough the market rally continues, global equities were slightly lower on the week. The yield on the US 10-year treasury note changed little, coming to 0.61% at the close of markets on Friday. The price of a barrel of...
Alphabet Soup of Recoveries
“The three most important words in investing are margin of safety." - Warren Buffett There’s been an alphabet soup of hypothesized recovery patterns over the last two months as the economic consensus came to grips with the impending recession in the U.S. L, U, V, W...
Weekly Market Update
Global Market News Global equities make gainsGlobal equities made gains this week despite grim economic data reports. However, the yield on the US 10-year Treasury note dropped 11 basis points to 0.62%. The price of a barrel of West Texas Intermediate crude oil fell...
