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...
by John E. Charalambakis | Nov 26, 2019 | Commentaries, Uncategorized
We are at the hinge of a new era where we are supposed to choose between a reality of tyranny and illiberalism dominated by kleptocrats, and an age of democratic institutional renewal that was the cornerstone of growth and prosperity in the last seventy years. Hannah...
by Rachel Poole | Nov 23, 2019 | Uncategorized, Weekly Market Update
Market Action Compared to last week, global equities are expected to close modestly lower. The yield on the US 10-year Treasury note declined 6 basis points to 1.77% and the price of a barrel of West Texas Intermediate Crude oil rose $1.25 to $58.40. Volatility...