by John E. Charalambakis | Jun 22, 2017 | Commentaries, Uncategorized
Current financial and economic conditions in the US as well as in the EU are conducive to higher growth in the second half of the year. In addition, the shaping up of similar conditions in Asia and some other emerging and frontier markets point to a coordinated upward...
by John E. Charalambakis | Jun 15, 2017 | Commentaries, Uncategorized
Last Friday we observed a divergence among major indexes. The DJIA and the NASDAQ moved in significantly opposite directions. The main reason for the drop in the NASDAQ (which continued on Monday) was said to be the inability of the main tech-related shares to reflect...
by John E. Charalambakis | Jun 8, 2017 | Commentaries, Uncategorized
It seems that we are on the verge of a new reality that could resemble the developments of the early 1970s. The global rules and order that were established in July 1944 at the Bretton Woods Conference came apart between summer of 1971 (abandonment of the gold...
by John E. Charalambakis | Jun 1, 2017 | Commentaries, Uncategorized
Moody’s downgrade of Chinese debt a few days ago was treated like a non-event. Chinese domestic bond prices did not change and Chinese equity prices actually rose. Is that a sign of complacency?Chinese corporate sector debt exceeds 165% of China’s GDP. Of course when...
by John E. Charalambakis | May 24, 2017 | Commentaries, Uncategorized
Over the course of the last year, investors poured billions of dollars into emerging markets, seeking higher yields and higher overall returns. Emerging markets have rewarded that trust, and as things are shaping up, it would not be surprising if emerging markets...
by John E. Charalambakis | May 17, 2017 | Commentaries, Uncategorized
A major Chinese conference related to the New Silk Road ended two days ago. The conference centered on the theme of “One Belt, One Road”, which is the Chinese equivalent of a Marshall Plan to dominate world trade via controls of railways, shipping routes, power...