by Thierry Malleret | Feb 1, 2016 | Uncategorized
The global economy is about to enter its “third dip” (after the subprime and the Eurozone crises). The IMF just revised downwards its 2016 forecast for global growth to 3.4% (from 3.6%) and the World Bank to 2.9% for real GDP growth (down from 3.3%). Most likely these...
by Joel Charalambakis | Jan 29, 2016 | Uncategorized, Weekly Market Update
Market Action Markets finally posted a positive week in the U.S. thanks to a combination of some promising earnings reports and global central banks maintaining easy policies. While stocks posted gains in most markets, bonds rallied as well. Japan surprised markets...
by John E. Charalambakis | Jan 25, 2016 | Commentaries, Uncategorized
Following the successful Normandy invasion in June 1944, the Allies executed that September the military operation known as Market Garden (Market referred to the airborne forces that were supposed to seize bridges, and Garden to ground forces). The purpose was to...
by Joel Charalambakis | Jan 22, 2016 | Uncategorized, Weekly Market Update
Market Action Several major global markets netted gains thanks to a rally by the end of the week. Equities followed Mario Draghi’s lead after the ECB President hinted at more stimulus due to falling inflation expectations in the Eurozone. Other stimulus chatter from...
by John E. Charalambakis | Jan 19, 2016 | Commentaries, Uncategorized
We are crossing correction territory (a drop of more than 10%) for some equity markets in developed countries around the world. This has brought questions about the possibility of a secular bear market (a drop of more than 20%) that will wipe out stocks. The causes...
by Joel Charalambakis | Jan 15, 2016 | Uncategorized, Weekly Market Update
Market Action The second trading week of the year was again unkind to stocks around the globe. A number of catalysts have been thrown out in the press from China entering a bear market, low energy prices, the Fed’s increase last month among others. A considerable...