by John E. Charalambakis | Jan 11, 2015 | Commentaries, Uncategorized
The Euro – the epitome of what is known as a dysfunctional currency- is shaking. It seems that the Fed no longer needs to support it at those irrational levels, given that the price of oil has dropped so dramatically. Given the tremors of the EU debt crisis between...
by Joel Charalambakis | Jan 9, 2015 | Uncategorized, Weekly Market Update
Market Action A strong jobs report published Friday could not assuage markets, pushing them down overall on the week and 2015 so far. While the headline jobs growth exceeded forecasts wage growth slipped in December, continuing a worrying trend. Volatility remains...
by Joel Charalambakis | Jan 4, 2015 | Uncategorized, Weekly Market Update
Market Action Rising volatility in U.S. markets and international worries pushed major indices down for the past week. Some disappointing data, particularly in housing, took some steam out of equities. The Euro hit a multi-year low against the dollar over the weekend....
by Thierry Malleret | Jan 2, 2015 | Uncategorized
The combat against lowflation, or possibly deflation, will be by far the greatest economic challenge of 2015. The world economy is now deflation-prone, and in almost all developed economies, inflation is below target. If inflation expectations were to ease...
by John E. Charalambakis | Dec 28, 2014 | Commentaries, Uncategorized
I boarded the nonstop flight from Miami to Buenos Aires. As in the previous years during this time, it was destined to be an exciting flight. My fellow co-passengers in that specially-designed section of the plane were Montesquieu, Tolstoy, Mordechai, Callias II,...
by Daniel Stelter | Dec 26, 2014 | Uncategorized
Blacksummit Financial Group is honored to publish the following piece by Dr. Daniel Stelter, with his permission. This is the first of three posts by Dr. Stelter that we will be publishing and distributing. Dr. Daniel Stelter is the founder of the German discussion...