by John E. Charalambakis | May 9, 2017 | Commentaries, Uncategorized
There are revolutions, wars, and historical periods that have defined global developments and carry significant weight in shaping up the world economy to this day. There is little if any doubt that France during the Revolutionary Wars, Britain during the Napoleonic...
by John E. Charalambakis | May 3, 2017 | Commentaries, Uncategorized
By 460 CE the Roman Army was dominated by Germanic troops. By that time they had also forgotten a basic lesson that it is the army that elects the Emperor. By 475 CE, the barbarian chief Odoacer replaced the Roman emperor with himself. The citizens of Rome selected...
by John E. Charalambakis | Apr 26, 2017 | Commentaries, Uncategorized
There is a sense of a cyclical recovery around the world. The shocks of the last 8-10 years (financial crisis, EU debt crisis, commodities downturn) seem to be fading, and in their place we observe rising expectations regarding growth. The latest IMF report on the...
by John E. Charalambakis | Apr 20, 2017 | Commentaries, Uncategorized
As we go down the road where the improbable becomes probable and the non-tradable becomes tradable, we discuss below four possible outcomes that could alter the investment landscape. Those four are: The recently discovered offshore Egyptian energy resources; the...
by John E. Charalambakis | Apr 11, 2017 | Commentaries, Uncategorized
Money markets experienced some kind of distortion in the last 18-24 months due to global dollar shortages as the Fed got into the swing of “normalizing” rates. Money markets several times become the arteries of the financial system. If they get clogged, shortages are...
by John E. Charalambakis | Apr 4, 2017 | Commentaries, Uncategorized
In the last couple of weeks a reality seems to be settling in the minds of over-optimistic investors. That reality says that it would not be so easy to enact legislation that will turn things around overnight. Moreover, investigations and questions about...