by John E. Charalambakis | Mar 3, 2015 | Commentaries, Uncategorized
Lorenzo the Magnificent (the scion of the Medici banking family), whose lending institution dominated not only Florence but much of Europe, was also a poet influenced by Horace and Catullus. The Latin phrase above reflects the first two lines of one of his sonnets....
by Thierry Malleret | Mar 1, 2015 | Uncategorized
Although there are multiple takes on the global economic outlook, there is a single determining factor upon which that outlook hinges: the world suffers from over-indebtedness and needs to cure its addiction to credit. According to a recent McKinsey report, global...
by Joel Charalambakis | Feb 27, 2015 | Uncategorized, Weekly Market Update
Market Action U.S. markets closed out the month of February with one of the best months in the past few years, coming off a disappointing January. All sectors, save for the interest sensitive utilities, rose for the month. After agreeing to a deal with the Eurogroup...
by Joel Charalambakis | Feb 20, 2015 | Uncategorized, Weekly Market Update
Market Action Thanks to a surge in markets on Friday major indices in the U.S. closed the week in positive territory. The main catalyst for the upswing was a deal reached between Greece and the Eurogroup for continuing the current program. The deal between...
by John E. Charalambakis | Feb 16, 2015 | Commentaries, Uncategorized
About a year ago in a meeting we had in Warsaw, Poland I contrasted Jamaica and Singapore. The contrast was based on a simple observation/fact, which stated that those two countries started at almost identical positions in the early 1960s, but Singapore excelled since...
by Joel Charalambakis | Feb 15, 2015 | Uncategorized, Weekly Market Update
Market Action Major U.S. benchmarks closed the week in positive territory for the year despite the lack of major data releases to support the moves. Technology led the week thanks to some promising earnings and news out of the sector followed up by Materials who are...