by John E. Charalambakis | Jan 21, 2015 | Commentaries
As it is widely expected, the ECB will unveil today its own version of QE. Welcome to a dead-end where central banks may resemble Prometheus bound by chains made by his own hands! As I wrote late last year we may be entering a historical year where the greenback and...
by Daniel Stelter | Jan 16, 2015 | Commentaries
Following the start of Abenomics in 2012, Japan moved back to the center of attention of global financial markets. After two and a half decades of economic stagnation, hopes were high that Japan would escape its long stagnation and deflation. Plenty of economists...
by John E. Charalambakis | Jan 11, 2015 | Commentaries
The Euro – the epitome of what is known as a dysfunctional currency- is shaking. It seems that the Fed no longer needs to support it at those irrational levels, given that the price of oil has dropped so dramatically. Given the tremors of the EU debt crisis between...
by John E. Charalambakis | Dec 28, 2014 | Commentaries
I boarded the nonstop flight from Miami to Buenos Aires. As in the previous years during this time, it was destined to be an exciting flight. My fellow co-passengers in that specially-designed section of the plane were Montesquieu, Tolstoy, Mordechai, Callias II,...
by Daniel Stelter | Dec 26, 2014 | Commentaries
Blacksummit Financial Group is honored to publish the following piece by Dr. Daniel Stelter, with his permission. This is the first of three posts by Dr. Stelter that we will be publishing and distributing. Dr. Daniel Stelter is the founder of the German discussion...
by John E. Charalambakis | Dec 23, 2014 | Commentaries
The purpose of this commentary is not to convey our outlook for 2015. That will be forthcoming in two parts in the next couple of weeks. Rather its purpose is to express some concerns regarding clouds that are gathering in the investment horizon and which are molded...