by Joel Charalambakis | May 8, 2015 | Uncategorized, 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...
by Lawrence Goodman | May 6, 2015 | Uncategorized
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...
by Thierry Malleret | May 4, 2015 | Uncategorized
Many pundits and investors are coming to the realization that we live in a world in which there is too much of too many things. There is too much debt of course, but also too much labour (as paradoxical as it may seem in an ageing world) and too much capital. This...
by Joel Charalambakis | May 1, 2015 | Uncategorized, 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....
by John E. Charalambakis | Apr 28, 2015 | Commentaries, Uncategorized
This past Monday we posted an article by Chairman Paul Volcker on the need for radical financial reform (see http://stage.blacksummitfg.com/2978). Chairman Volcker wrote “it is too clear that the federal financial regulatory structure is simply inadequate to head...
by Chairman Paul Volcker | Apr 27, 2015 | Uncategorized
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...