by John E. Charalambakis | Feb 15, 2013 | Commentaries, Uncategorized
In this week’s commentary we will briefly show how the buffer zones created by the world’s central banks are expected to result in above (recent) trend growth due to the fact that liquidity provisions are expected to boost lending ratios primarily in the US and...
by John E. Charalambakis | Feb 9, 2013 | Commentaries, Uncategorized
The markets are experiencing a temporary upswing due to the velocity of the buffer zones that central banks are creating. Those buffer zones are trying to create a unity of response and convergence. The monetization and credit growth in Asia is uplifting its prospects...
by John E. Charalambakis | Jan 31, 2013 | Commentaries, Uncategorized
In the summer of 2011 we published some commentaries about the development of financial black holes. The argument of this commentary goes as follows: Central banks and governments around the world adopted the Powell doctrine of overwhelming force to defeat the enemy...
by John E. Charalambakis | Jan 26, 2013 | Commentaries, Uncategorized
The words quoted in the title above, were pronounced by Christine Lagarde (the head of the IMF) at the Davos annual economic conference. She was referring to the EU experience in 2012. Without a doubt, the Euro zone almost collapsed last year, and her recommendation...
by John E. Charalambakis | Jan 15, 2013 | Commentaries, Uncategorized
In this week’s commentary we offer our assessment of a positive outlook for the real estate sector in 2013. We believe that real estate will outperform most – if not all – of fixed income investments in this environment of financial repression. We anticipate all real...
by Chairman Paul Volcker | Jan 3, 2013 | Uncategorized
It is an honor to host Chairman Paul Volcker’s speech on Central Banking, as this week’s commentary. The speech was given in 1990 during the Per Jacobsson Foundation Lectures series. During his tenure as Chairman of the Federal Reserve Bank, the US regained its...