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...Geopolitics & the Day After
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...Canceling the Noise, Not by Bread Alone: Part XXI
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...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...Geopolitics & the Day After
March 23, 2023 As discussed in the last few BlackSummit commentaries, the collapse of several banks over the last couple of weeks has rocked financial markets and created a crisis of confidence not only in the US financial system but also in the global financial...Sign Up for Our Publications
