by John E. Charalambakis | Jan 25, 2016 | Commentaries, Uncategorized
Following the successful Normandy invasion in June 1944, the Allies executed that September the military operation known as Market Garden (Market referred to the airborne forces that were supposed to seize bridges, and Garden to ground forces). The purpose was to...
by John E. Charalambakis | Jan 19, 2016 | Commentaries, Uncategorized
We are crossing correction territory (a drop of more than 10%) for some equity markets in developed countries around the world. This has brought questions about the possibility of a secular bear market (a drop of more than 20%) that will wipe out stocks. The causes...
by John E. Charalambakis | Jan 11, 2016 | Commentaries, Uncategorized
Yesterday, the South African Rand lost 10% of its value. The South African economy is viewed as unstable due to its domestic politics (the President changed the Minister of Finance twice within a week) as well as its dependence on exports to China. The reality of a...
by John E. Charalambakis | Jan 4, 2016 | Commentaries, Uncategorized
Rising geopolitical tensions during the first couple of days in the New Year may bring a rising risk premium. At the same time, China’s market turmoil (due to slowing manufacturing activity as well as expiring restrictions on share sales) is impacting markets in...
by John E. Charalambakis | Dec 28, 2015 | Commentaries, Uncategorized
I boarded the non-stop flight from Cincinnati to Paris. Walking down the plane’s aisle I discovered a special area can accommodate round-the-table discussions, just as in previous years. To my left I saw Bacon, Descartes, and Heisenberg. On the right side were...
by John E. Charalambakis | Dec 21, 2015 | Commentaries, Uncategorized
It’s so wonderful to have friends who teach you about some great moments in history that could have been pivotal for the world we live today. A few days ago, I was visiting with Dan Schechter in Los Angeles – principal of L.E.K. Consulting, a prominent global...