by The BlackSummit Team | Apr 5, 2023 | Geopolitics & the Day After, Uncategorized
While market volatility seems to have calmed since the collapse of SVB and other banks, we would be foolish to say we have avoided another financial crisis. As you will read in our first segment, financial and market analysts warn that underlying financial and...
by Tyler Thompson | Apr 4, 2023 | Uncategorized
In the coming months, we will be examining the economic prospects and geopolitical implications of several of the world’s growing markets. Let’s play a quick game of “Guess that Country” – boasting a population of just over 1.4 billion people, this nation has...
by The BlackSummit Team | Apr 1, 2023 | Uncategorized, Weekly Market Update
The BlackSummit Team | April 1, 2023 Global Market News Global equities make gains Global equities made gains this week. The S&P 500 and Dow Jones closed up 3.48% and 3.22%, respectively, while the Nasdaq rose 3.37%. The US 10-year Treasury yield began rising...
by The BlackSummit Team | Mar 30, 2023 | Geopolitics & the Day After, Uncategorized
As we continue our analysis of the financial instability in the West, we would be remiss to not highlight the ripple effect it has had on emerging economies that threatens global growth. In news about the war in Ukraine, Xi Jinping and Vladimir Putin have been making...
by John E. Charalambakis | Mar 27, 2023 | Commentaries, Uncategorized
What’s wrong with the banks? How did we reach the point where three banks failed within a few days, and a couple more are on life support? How did we come to the point where close to $250 billion was wiped from the market value of US banks in about ten days, while one...
by The BlackSummit Team | Mar 25, 2023 | Uncategorized, Weekly Market Update
The BlackSummit Team | March 25, 2023 Global Market News US Equities Rise The S&P 500 was up 1.39% on the week while the Dow Jones closed up 1.18%, with the Nasdaq rising 1.66%. The US 10-year Treasury yield slid to 3.37% while the price of a barrel of West Texas...