By: Joel Charalambakis | On: September 30, 2016 |
By: Thierry Malleret | On: September 30, 2016 |
September 2016 More and more, decision-makers and market participants are coming to the realization that ultra-low interest rates reflect profound structural issues – most notably global ageing, falling productivity rates and rising inequalities […]
By: Joel Charalambakis | On: September 25, 2016 |
Market Action Another FOMC meeting and another pass on a rate hike as the Federal Reserve left rates unchanged and lowered its forecast for future interest rates. Stocks rallied even […]
By: Joel Charalambakis | On: September 17, 2016 |
Market Action Markets recovered some of their losses from last week as the Nasdaq approaches an all-time high thanks to Apple’s resurgence in the midst of iPhone 7 demand. Median […]
By: John E. Charalambakis | On: September 13, 2016 |
The flowering of the Enlightenment across Europe in the 17th and 18th centuries took place when a diverse group of thinkers questioned perceived opinion. The names of Descartes, Spinoza, Locke, […]
By: Joel Charalambakis | On: September 10, 2016 |
Market Action Volatility returned to the markets in a big way with the VIX rising 40% and giving stocks their worst day since the Brexit vote. Among the factors being […]
By: John E. Charalambakis | On: September 6, 2016 |
The markets have been used to central banks actions that mitigate downturns (the famous/infamous puts that take the names of central bankers such as the Greenspan and Bernanke puts). Such […]
By: Joel Charalambakis | On: September 4, 2016 |
Market Action The U.S. economy added 151,000 jobs in July, below expectations, and wage gains were modest. In light of recent chatter by Fed officials on the timing of rate […]
By: Thierry Malleret | On: September 1, 2016 |
August 2016 If we had to capture the mood at Jackson Hole (the meeting of central bankers) with just one word, it would be: anxiety. Despite participants putting on a brave face, there […]
By: John E. Charalambakis | On: August 29, 2016 |
The external debt of developing economies has more than tripled in the last ten years. Brazil of all countries is selling notes to yield-hungry investors that mature in 2047! Where […]
By: John E. Charalambakis | On: September 27, 2016 |
The Markets and the Search for a Refiner’s Fire: Staring in the Mirror
In chapter 19 of the Odyssey, Homer writes about Penelope’s encounter with a mysterious guest. “Falsehoods all, but he gave his falsehoods all the ring of truth. As she listened […]