On the Disruption of the Disruptors: The Redrafting of a New Chapter in Global Developments
In the art of war (in the general spirit of geopolitical and geoeconomic diplomacy) the opponent’s greatest strength happens to be his greatest weakness. Let’s take a look at a few examples. When we think of China, we usually think of its outstanding economic growth...Weekly Market Update
Market Action An upward revision to Q2 GDP growth from 3.7% to 3.9% couldn’t lift markets this past week. The downfall this week hit the Nasdaq especially hard as concerns over drug prices and potential political action impacted the Biotech industry specifically and...Weekly Market Update
Market Action The September meeting of the Federal Reserve came and went without a change in monetary policy. Citing the effects on inflation from global weakness Janet Yellen still reiterated expectations for a rate increase this year. Stocks rallied initially on the...Spreads and the Business Cycle: Opportunities and Risks
The Fed decided earlier today to postpone the increase in short term rates citing global growth and disinflationary concerns. We believe that such concerns are overstated, at least for developed economies. We are of the opinion that if the Fed had finally started the...Weekly Market Update
Market Action In the week before a long anticipated Fed meeting markets calm relative to their recent actions over the past month. Data was mixed on the week, with Job openings suggesting labor market confidence but consumer sentiment disappointing. The data, combined...Sign Up for Our Publications
