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...
by The BlackSummit Team | Mar 23, 2023 | Geopolitics & the Day After, Uncategorized
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...
by The BlackSummit Team | Mar 21, 2023 | Crossroads, Uncategorized
At the Intersection of Geopolitics and Geoeconomics March 21, 2023 | Volume 6, Issue 3 | The BlackSummit Team Here is a summary of important events that unfolded over the last month, and which may affect economic, financial, and geopolitical issues in the months...
by The BlackSummit Team | Mar 18, 2023 | Uncategorized, Weekly Market Update
Global Market News Global equities mixed Global equities were mixed this week as banking headlines continued to bring volatility. The S&P 500 was up 1.42% on the week while the Dow Jones closed Friday only a few points lower from last Friday, 0.15%. On the other...
by The BlackSummit Team | Mar 17, 2023 | Geopolitics & the Day After, Uncategorized
Financial markets have been rattled by the collapse of Silicon Valley Bank and Signature Bank this week, forcing public and private financial institutions to step in to prevent the spread of contagion. Meanwhile, inflation remains elevated, making the decision to...
by The BlackSummit Team | Mar 14, 2023 | Uncategorized
“On Monday, March 10, the rumor started: Bear Stearns was having liquidity problems.” 15 years later to the day, the FDIC would put Silicon Valley Bank in receivership, marking the second largest bank failure in U.S. history and sending financial markets to reexamine...