by The BlackSummit Team | Mar 9, 2023 | Geopolitics & the Day After, Uncategorized
While stock markets started the year off well, equities have slumped as fears of entrenched inflation and the risk of a US default mount. As we have witnessed this week, every time the Fed opens its mouth, market volatility rises, and the political debate over the US...
by John E. Charalambakis | Mar 7, 2023 | Commentaries, Uncategorized
Since our last commentary in this series, several things have taken place. Let’s recall some of them: Jobs growth (based on January’s number) was much stronger than expected; inflationary pressures exhibited elevated numbers; the economy’s resilience became more...
by The BlackSummit Team | Mar 4, 2023 | Uncategorized, Weekly Market Update
Global Market News Global equities rebound Global equities were up on the week in an attempt to rebound from last week’s slump. The S&P 500 and Dow Jones were up 1.90% and 1.75% respectively, while the Nasdaq gained 2.58%. After reaching above 4% midweek,...
by The BlackSummit Team | Mar 2, 2023 | Geopolitics & the Day After, Uncategorized
As David Miliband presents in his New York Times article reviewed below, we have entered the Age of Impunity – an era where autocrats exercise power without accountability. Whether it be through war, human rights abuse, unaccountable governance, economic...
by John E. Charalambakis | Mar 1, 2023 | Commentaries, Uncategorized
Over the course of the next few weeks, we will be discussing the changes we are undergoing on a global scale as well as the forthcoming changes that are affecting all markets and portfolios. Those changes are marked by solid foundations laid below ground level which,...
by Rachel Poole | Feb 25, 2023 | Uncategorized, Weekly Market Update
Global Market News Global equities decline Global equities were lower on the week as investors priced in additional rate hikes from central banks due to stubborn inflation. The S&P 500 and Dow Jones were down 2.67% and 2.99% respectively, while the Nasdaq dropped...