On the “Auguries of Innocence”: Fragility Amid the Joys & Pains of the Market’s Journey
I sat down to draft this commentary after reading William Blake’s poem “Auguries of Innocence”, while in the background, Robert Zimmerman was singing: “In these times of compassion when conformity’s in fashion… Sing ‘Amazing Grace’ all the way to the Swiss...Germany’s Biotech Setback: A Cautionary Tale for U.S. Biomedical Research
By Naomi Charalambakis, Director of Science Policy at Americans for Medical Progress We invite you to read a special commentary by Naomi Charalambakis, Director of Science Policy at Americans for Medical Progress, on how Germany’s biotechnology missteps in the 1990s...In Search for Geopolitical & Geoeconomic Tipping Points: Thomas Mann’s Reflections
Some have described Thomas Mann’s book Mario and the Magician as one of the finest novels written in the 20th century (for a brief summary of the book, see the end of the commentary). Most certainly, when it was written in 1929, it was a pivotal moment in...Anchors at a Time of Multiple Crises
The political crisis in France (which started with President Macron’s snap election last year following his party’s humiliating defeat during European Parliamentary elections) culminated last evening in the ousting of the Prime Minister (the fourth in two years). Mr....Political Systems, Anacyclosis, and Market Cycles: Polybius at the Trading Pit
There is little doubt that momentum, liquidity, and earnings have been driving the equity market higher. Market breadth (advancing stocks relative to declining ones) has been coming back following significant drops, leading the indexes to higher highs and higher lows,...Sign Up for Our Publications
