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 At the beginning of May, both President Donald Trump and top Chinese officials reaffirmed that...
Weekly Market Update
Global Market News Global equities make gainsGlobal equities made gains this week as more economies reopened and hopes for a Covid-19 vaccine spread. The yield on the US 10-year Treasury Note was little changed, dropping slightly to 0.65% Friday afternoon from 0.66%...
Covid-19 and the Day After
Given the unprecedented times we're living in, we started a new service of sending 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 3-4 years...
In the Shadows of Tomorrow: What are the Implications of Negative Interest Rates?
In 1935 the famous Dutch historian Johan Huizinga published a book with the title In the Shadows of Tomorrow. By then bleak clouds had gathered over Europe. The forces that led to WWII were already at play since Versailles in 1919. A peculiar international payment...
Weekly Market Update
Global Market News Global equities make gainsGlobal equities made gains this week as countries began lifting coronavirus lockdowns and vaccine developments hit the news. The yield on the US 10-year Treasury note rose 0.05% to 0.66% over the week while the price of a...
Covid-19 and the Day After
Given the unprecedented times we're living in, we started a new service of sending 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 3-4 years...
Cash Is King: How P/E Ratios Obfuscate Value
“Rule No. 1: Never lose money. Rule No. 2: Never forget rule No.1” - Warren Buffet “Simplicity is the ultimate sophistication." - Leonardo da Vinci The Price-to-Earnings Ratio is probably the most common shorthand methodology used by commentators and practitioners for...
Weekly Market Update
Global Market News Global equities lower on the weekGlobal equities were lower on the week while the US 10-year Treasury note gained a little bit in price as the yield dropped to 0.64% as of Friday late afternoon. On the other hand, the price of a barrel of West Texas...
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...
