by Joel Charalambakis | Oct 10, 2014 | Uncategorized, Weekly Market Update
Market Action Equity markets in the major global economies continued their recent dismal performance. Concerns about global growth continue to weigh on markets as the IMF this week lowered growth forecasts for 2014 and 2015. The Dow Jones is now essentially flat for...
by Joel Charalambakis | Oct 4, 2014 | Uncategorized, Weekly Market Update
Market Action A better than expected jobs report released on Friday provided some good news for markets. All major equity markets in the U.S. were down on the week. European markets also declined this past week. Scant information from Mario Draghi on an asset purchase...
by Joel Charalambakis | Oct 2, 2014 | Uncategorized
Geopolitical Headlines Hong Kong – Protests in Hong Kong have gathered steam during most of the past week ahead of a Chinese national holiday on Wednesday. Demonstrators are demanding for a more transparent and democratic process with regards to how Hong Kong is...
by Thierry Malleret | Sep 30, 2014 | Uncategorized
The global economic outlook is best summed up in the word “precarious”. Why? (1) Projections for global growth are being lowered – to marginally above 3% for this year and 2015 – by both international financial institutions and banks (2) Central...
by Joel Charalambakis | Sep 26, 2014 | Uncategorized, Weekly Market Update
Market Action U.S. equity markets experienced considerable swings this week. The Dow saw triple digit falls and increases multiple times. Friday saw markets recovering losses but still ended down on the week. Economic growth for the U.S. was revised even higher for...
by John E. Charalambakis | Sep 23, 2014 | Commentaries, Uncategorized
The backbone of fiction, poetry, and drama of current generations is a mirror image of the philosophical struggles of the previous generations. The writings of Aeschylus, Euripides, Sophocles, and so many others in ancient Greece were reflections of the golden age of...