by John E. Charalambakis | Jun 28, 2017 | Commentaries, Uncategorized
In the last few weeks two developments – related to key issues for the health of the global economy – have been unfolding. The first deals with European banks, and the second with the trajectory of oil prices. Last month two major Spanish banks (Santander and Intensa...
by Joel Charalambakis | Jun 24, 2017 | Uncategorized, Weekly Market Update
Market Action Healthcare stocks posted one of their strongest weeks of the year and now represent the second best performing group in 2017 so far. The rise coincides with release of the Senate’s healthcare bill, deemed to be more favorable to a number of industries...
by John E. Charalambakis | Jun 22, 2017 | Commentaries, Uncategorized
Current financial and economic conditions in the US as well as in the EU are conducive to higher growth in the second half of the year. In addition, the shaping up of similar conditions in Asia and some other emerging and frontier markets point to a coordinated upward...
by Laura Hochstetler | Jun 17, 2017 | Uncategorized, Weekly Market Update
Market Action World shares steadied on Friday after selling in the tech sector triggered their biggest fall in over a month, while the yen slid to a two-week low as the Bank of Japan signaled its stimulus was staying in place. Oil prices dipped this week to six-month...
by John E. Charalambakis | Jun 15, 2017 | Commentaries, Uncategorized
Last Friday we observed a divergence among major indexes. The DJIA and the NASDAQ moved in significantly opposite directions. The main reason for the drop in the NASDAQ (which continued on Monday) was said to be the inability of the main tech-related shares to reflect...
by Laura Hochstetler | Jun 10, 2017 | Uncategorized, Weekly Market Update
Market Actions The British pound plunged to a seven-week low on Friday after Thursday’s snap election that cost Prime Minister Theresa May’s Conservative Party its majority in Parliament. Global equity markets rallied at first on Friday then dropped as...