Weekly Market Update
Market Action Global equities were little changed on the week while the yield on the US 10-year Treasury note rose 6 basis points to 1.60% from a week ago. The price of a barrel of West Texas Intermediate crude oil declined $1.50 to $53.65 while volatility, as...At the Crossroads called Hellespont: Recessionary Fears Meet Unapologetic Optimism
The year was 480 B.C.E. and Xerxes (Persia’s king of kings) had gathered his troops and his fleet in the place known as Abydos, a town on the Asian side of the Hellespont, where two continents (Asia and Europe) meet fours seas at a critical intersection where the...Weekly Market Update
Market Action Global equities closed down after a volatile week as trade friction and slowing global growth sent bond yields lower. The yield on the US 10-year Treasury note declined to 1.54% from 1.70% a week ago. Oil prices were little changed, with a barrel of West...Another Perspective on the Recent Market Turmoil: Squandering the Stewardship of the International System
T.S. Elliot pronounced that Virgil’s Aeneid was a universal classic since the poem reflects the foundation of how you create and preserve a world system. The Aeneid displays in a powerful way the role that Rome played as a steward of such an international system. One...Weekly Market Update
Market Action By noon on Friday, global equities had recovered some of the sharp losses recorded on Monday. The yield on the 10-year US Treasury note fell to 1.70% from 1.86% last week. In Europe, bond yields fell to record lows. In the United Kingdom, yields fell to...Sign Up for Our Publications
