by John E. Charalambakis | Nov 20, 2019 | Commentaries, Uncategorized
Septimius Severus founded the Roman dynasty that carried his name in the year A.D. 193. That year is known as the “year of the five emperors.” The year began after the erratic rule by Emperor Commodus (who was murdered on the last day of the year 192). His successor...
by Rachel Poole | Nov 16, 2019 | Uncategorized, Weekly Market Update
Market Action Amidst the renewed hope for a US-China trade agreement and the receding fears of a recession, major US equity indices are set to close at record highs. The S&P 500 Index, the Dow Jones Industrial Average and the Nasdaq Composite all set record...
by John E. Charalambakis | Nov 14, 2019 | Commentaries, Uncategorized
Immanuel Kant’s definition of our modern era and of the Age of Enlightenment was that “Enlightenment is man’s emergence from his self-incurred immaturity…The motto of Enlightenment is therefore: Sapere Aude! Have courage to use your own understanding!” However, the...
by Rachel Poole | Nov 9, 2019 | Uncategorized, Weekly Market Update
Market Action The announcement that the United States and China have made progress towards phase one of a trade agreement brought a wave of confidence to the markets. Global equities rallied and the US 10-year Treasury note jumped 22 basis points to 1.93% this week....
by John E. Charalambakis | Nov 6, 2019 | Commentaries, Uncategorized
First of all, allow us to start with some clarifications/definitions: Heraclitus Fallacy: The belief that history imposes no constraints. Failing to comprehend the past not only signifies ignorance, but is also idiotic. Parmenides Fallacy: Comparing the present with...
by Rachel Poole | Nov 2, 2019 | Uncategorized, Weekly Market Update
Market Action Thanks to a better than expected October for US earnings and a strong employment report, global equities rose this week. Yield on the US 10-year Treasury note fell 10 basis points to 1.71% and a barrel of West Texas Intermediate crude oil fell a dollar...