by Joel Charalambakis | Oct 25, 2014 | Uncategorized, Weekly Market Update
Market Action The major indices in the U.S. had one of their best weeks in the past two years with the S&P rising over 4% and the Nasdaq over 5%. Positive earnings reported from firms have taken the forefront of markets’ minds from previous concerns about...
by Joel Charalambakis | Oct 23, 2014 | Uncategorized
Geopolitical Headlines Ebola Global concerns over the spread of Ebola have accelerated over the past few weeks. Thomas Eric Duncan, the first patient diagnosed with the virus in the U.S. passed away and a nurse who treated him was also infected but has been cleared of...
by John E. Charalambakis | Oct 19, 2014 | Commentaries, Uncategorized
The Age of Michelangelo, Raphael, Leonardo da Vinci, and High Renaissance was followed by the age of Mannerism, known by its artificial qualities. Two of the main characteristics of Mannerism are compositional tension and instability. Do those attributes ring a bell...
by Joel Charalambakis | Oct 17, 2014 | Uncategorized, Weekly Market Update
Market Action Markets saw wild swings throughout the week without a coherent and comprehensive reason. All major averages in the U.S. ended the week down but rallied late thanks to good economic data and speeches from various Fed governors about possibly extending...
by The BlackSummit Team | Oct 13, 2014 | Uncategorized
So what is going on with the recent market volatility? Is there anything to really be concerned about? Well, it would seem that the global markets are tired from so many headlines. Take your pick – European slowing economic growth, Ebola, expectations for rising...
by John E. Charalambakis | Oct 12, 2014 | Commentaries, Uncategorized
Albert Camus wrote in his book The Myth of Sisyphus that “There is a metaphysical honor in enduring the world’s absurdity.” Without a doubt we live in a surreal marketplace which has managed without a monetary anchor to create a major crisis every few years,...