Weekly Market Update

Market Action Thanks to a strong rally following the April jobs report U.S. markets were able to recover from their grizzly performance earlier in the week. Bonds also sold off, pushing yields higher and fueling the Financials sector’s leadership for the week. The...

Bitcoin Needs Smart and Safe Regulation

Blacksummit Financial Group is honored to share with its readers the following post from Lawrence Goodman. Mr. Goodman currently serves as the President of the Center for Financial Stability. As Mr. Goodman states: “My recent opinion piece for Roll Call explores...

Weekly Market Update

Market Action Markets around the globe struggled to maintain their recent upward momentum this week. In the U.S. poor economic data sent markets on a spiral before recovering most of their losses on Friday. Materials and Energy were the leading sectors this week....

Meaningful Financial Reform

A few days ago The Volcker Alliance published its long-awaited report on Financial Reform. It is a historic report that needs to be read by all those who care about the stability of the global financial system. It is an honor to host Chairman Paul Volcker’s thoughts...