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,...
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...