by John E. Charalambakis | Nov 29, 2022 | Commentaries
Over the course of 25+ years, we came to believe that inflation was dead, there was no alternative to stocks, interest rates will stay low forever, tech companies’ stocks will shield our portfolios from downturns, and that the big daddy, a.k.a. the Fed, will take care...
by Tyler Thompson | Nov 23, 2022 | Commentaries
I will admit, I have probably devoted too much of my free time in the past three weeks to following the slow-moving train wreck of Elon Musk’s Twitter takeover. For those of you with better taste in your news consumption, fear not – this commentary is not about...
by John E. Charalambakis | Nov 4, 2022 | Commentaries
Wednesday evening, I was reading an editorial praising Chairman’s Powell performance following the Fed’s decision to raise rates by another 75 bps. “One for the hawks, one for the doves,” it said. Marvelous I pronounced! Having one foot in one boat and the other in...
by John E. Charalambakis | Nov 1, 2022 | Commentaries
John E. Charalambakis Jonathan Swift’s marvelous work of Gulliver’s Travels is full of subliminal messages regarding geopolitics, statecraft, rationality/irrationality, and intrigues where trivial issues promoted by fanatical incompetent idiotic characters become the...
by The BlackSummit Team | Oct 12, 2022 | Commentaries
We are pleased to present an excerpt from Nomi Prins’s new book Permanent Distortion: How Financial Markets Abandoned the Real Economy Forever. The book tells the untold story of the ever-growing divide between the financial markets and the real...
by John E. Charalambakis | Oct 11, 2022 | Commentaries
John E. Charalambakis Could we see another 15%+ market downturn? Absolutely.Could the bond market illiquidity issues get worse? Yes, they could.Could the Ukrainian war expand and undermine European (and not only) security? The chances are rising every day.What is...