by Joel Charalambakis | May 28, 2017 | Uncategorized, Weekly Market Update
Market Action Moody’s lowered China’s credit rating by two notches this week citing surging liabilities and weakening financial strength within the country. The move marks the first rating downgrade of China in over 25 years and was greeted harshly by the country’s...
by John E. Charalambakis | May 24, 2017 | Commentaries, Uncategorized
Over the course of the last year, investors poured billions of dollars into emerging markets, seeking higher yields and higher overall returns. Emerging markets have rewarded that trust, and as things are shaping up, it would not be surprising if emerging markets...
by Joel Charalambakis | May 21, 2017 | Uncategorized, Weekly Market Update
Market Action The Euro hit its highest level in several months this week as the dollar fell for over five consecutive days. German elections that point to Merkel being reelected, Eurozone GDP growth, and other economic data points all contributed to the currency’s...
by John E. Charalambakis | May 17, 2017 | Commentaries, Uncategorized
A major Chinese conference related to the New Silk Road ended two days ago. The conference centered on the theme of “One Belt, One Road”, which is the Chinese equivalent of a Marshall Plan to dominate world trade via controls of railways, shipping routes, power...
by Joel Charalambakis | May 14, 2017 | Uncategorized, Weekly Market Update
Market Action The U.S. and China stuck an agreement on a 10 point trade package on Friday centered around good and services such as beef, poultry, natural gas, financial services and biotechnology. Commerce Secretary Wilbur Ross touts the deal as a means to reducing...
by John E. Charalambakis | May 9, 2017 | Commentaries, Uncategorized
There are revolutions, wars, and historical periods that have defined global developments and carry significant weight in shaping up the world economy to this day. There is little if any doubt that France during the Revolutionary Wars, Britain during the Napoleonic...