Market Fragility and the Business Cycle: The Tales of Blowing Winds
The tale of the last two-three weeks seems to have given room to a market upswing that is softening due to some rising concerns. Chinese government’s stock market intervention subsided –for now – the local market turmoil but has opened another wound whose story...Weekly Market Update
Market Action With an agreement between Greece and its creditors secured over the past weekend major averages around the world rallied and renewed optimism for equity investors. The Technology and Financial sectors led the way in the U.S. thanks to strong earnings...Weekly Market Update
Market Action The major U.S. averages stayed relatively flat throughout the week. The emphatic “No” vote in Greece weighed down markets early on in the week before a new proposal by the Greek government Thursday night helped spark some recovery. Renewed fears over...Contemplating the Grexit Scenarios
Most of us at some point were exposed to a great teacher. Joel Fingerman was that teacher for me. Joel taught me in one of his quantitative classes (Business & Economic Forecasting) that the only certain thing about a forecast is that it will be wrong in one way...The Return of the Son of Nothing: Greece and the EU after Wandering the Wasteland
Let me state it from the beginning: This Greek referendum is absurd simply because the government has failed its people, and also because the troika’s boneheaded mentality did not allow her to cut a deal with the previous government last fall (if the latter had taken...Sign Up for Our Publications
