by The BlackSummit Team | Jun 7, 2014 | Uncategorized, Weekly Market Update
Market Action Equities in the US closed at all time highs as the nation continues a slow but steady recovery. The jobs report published on Friday slightly beat expectations and revealed that the US economy has recovered all jobs lost during the Financial Crisis,...
by Thierry Malleret | Jun 5, 2014 | Uncategorized
5 insightful op-eds or articles to help make sense of today’s world Nouriel Roubini, “The Great Backlash” (Project Syndicate, May 31, 2014) In this short column, the economist / pundit argues that the backlash against globalization – and the freer movement of goods,...
by Thierry Malleret | Jun 3, 2014 | Uncategorized
If hard evidence is needed that the global economy is in a “muddle through” situation, the latest data on global trade provides it. In the first quarter of this year, exports and imports from the G7 and the BRICs fell by respectively 2.6 and 0.1% (from the previous...
by The BlackSummit Team | May 31, 2014 | Uncategorized, Weekly Market Update
Market Action US equity markets closed the month of May posting gains. It marks the fourth month in the year that stocks have posted gains. The S&P 500 and Dow Jones closed Friday at record highs Despite gains in equities the week was marked by considerable...
by Thierry Malleret | May 28, 2014 | Uncategorized
5 insightful op-eds or articles to help make sense of today’s world Michael Spence, “Labor’s Digital Displacement” (Project Syndicate, May 22, 2014) The Nobel laureate in economics explains why digital technologies are transforming global value chains and, with them,...
by The BlackSummit Team | May 25, 2014 | Uncategorized, Weekly Market Update
Market Action Stock markets in the US posted their first gains in three weeks. The S&P 500 closed at a record high on Friday despite little in the way of earnings or economic news this past week. US Treasury Bonds dominated market commentary early in the week as...