by John E. Charalambakis | Sep 9, 2015 | Commentaries, Uncategorized
As we noted in our last commentary (http://stage.blacksummitfg.com/3181), we anticipate some volatility during the next few weeks, but we also expect it to subside and for the market to find its upswing trend during the last 10-14 weeks of the year. We are of the...
by Thierry Malleret | Sep 8, 2015 | Uncategorized
The global economic outlook is becoming increasingly deflationary. The dual collapse in commodity prices and EM currencies, combined with and caused by the sharp deceleration in China, exerts strong deflationary headwinds that affect the rest of the world. A situation...
by John E. Charalambakis | Aug 30, 2015 | Commentaries, Uncategorized
As we reported in our Weekly Market Update over the weekend (http://stage.blacksummitfg.com/wp-content/uploads/2015/08/BFG-Weekly-Brief-August-29-2015.pdf), the US and the EU equity markets experienced one of their most volatile weeks. Over the course of two-three...
by Joel Charalambakis | Aug 28, 2015 | Uncategorized, Weekly Market Update
Market Action Wall Street saw one of its most dramatic and volatile weeks since the financial crisis. After opening Monday down 1,000 points the Dow Jones Industrial Average surged back to post a gain of over 1% this week led by Energy and Technology. While U.S....
by Joel Charalambakis | Aug 21, 2015 | Uncategorized, Weekly Market Update
Market Action A devastating week for the markets has left investors searching for answers. More worries about China and the implications for global growth have been blamed, as have concerns about earnings growth for some key American firms. Investors worry that a...
by John E. Charalambakis | Aug 17, 2015 | Commentaries, Uncategorized
In the summer months of 1944 World War II had taken a clear trajectory. The deadliest war period in human history was approaching its end. At that time the US was establishing not just its geopolitical power but also its geoeconomic power through the dominance of the...