by John E. Charalambakis | Dec 19, 2019 | Commentaries, Uncategorized
We started assessing the outlook for 2020 a few weeks ago. The truth of the matter is that we are facing two almost equally probable scenarios: The first one (adopted by the great majority of analysts) says that growth will continue next year and that the equity...
by Rachel Poole | Dec 14, 2019 | Uncategorized, Weekly Market Update
Market Action By the end of the week, US equity markets were trading slightly below all-time highs set earlier in the day on Friday. The yield on the US 10-year Treasury note and Volatility, as measured by the Chicago Board Options Exchange Volatility Index,...
by John E. Charalambakis | Dec 10, 2019 | Commentaries, Uncategorized
Yesterday, was a very sad day for the US and the world. The economic giant Paul Volcker passed away. Paul Volcker by himself saved the economic system four times (with his counsel and famous memo to President John F. Kennedy related to the declining gold reserves in...
by Rachel Poole | Dec 7, 2019 | Uncategorized, Weekly Market Update
Market Action By the end of the week global equities recovered from losses earlier in the week. This was partially due to a very strong US employment report. The strong data also pushed yields 8 basis points higher on the US 10-year Treasury note. A barrel of West...
by John E. Charalambakis | Dec 5, 2019 | Commentaries, Uncategorized
Jacques de Larosière from the Center for Financial Stability (CFS) shares his latest thinking on inflation targets and the unintended consequences from excessively accommodative monetary policy. “This challenge could be defined as follows. If we accept, as...
by Rachel Poole | Dec 2, 2019 | Crossroads, Uncategorized
Here is a summary of the most important events that unfolded last month, and which may affect economic, financial and geopolitical issues in the months ahead: North America The U.S. Congress nearly unanimously passed legislation that would annually require the State...