by John E. Charalambakis | Aug 10, 2017 | Commentaries, Uncategorized
Commodity prices usually follow long cycles. As the graph below shows, commodities enjoyed a good run from the early 1990s to the dawn of the financial crisis and recovered pretty quickly from the crisis, then experienced a downward trajectory for about five years...
by Laura Hochstetler | Aug 6, 2017 | Uncategorized, Weekly Market Update
Market Action The Dow Jones Industrial Average ended the week at a fresh record, buoyed by a jobs report that showed employers continued hiring at a healthy rate in July. The United States Bureau of Labor Statistics reported on Friday that U.S. employers added a...
by John E. Charalambakis | Aug 3, 2017 | Commentaries, Uncategorized
We have written before that the financial stress index produced by the St. Louis Fed is a very reliable indicator regarding potential dark clouds in the economic and financial horizons. As can be seen in the graph below (updated as of the end of July), the index...
by Thierry Malleret | Jul 31, 2017 | Uncategorized
July 2017 The world’s main economies are still growing in sync, but at a slower pace. Next year, the slowdown will be greater than expected in the US (because of Trump’s unfulfilled promises) and in the UK (due to Brexit uncertainty). The Eurozone remains one...
by Joel Charalambakis | Jul 29, 2017 | Uncategorized, Weekly Market Update
Market Action Spanish GDP accelerated at its fastest rate in two years during the past quarter. Spain’s economy grew over 3% over the past year according to recent data released. The accelerated growth and continued fiscal consolidation led to S&P and Fitch both...
by John E. Charalambakis | Jul 27, 2017 | Commentaries, Uncategorized
In the last few commentaries we have noted that while equity markets may be stretched, there might still be room to grow given the current macro-circumstances, corporate earnings, and business sentiment. In this week’s commentary we would let some graphs do the...