by Rachel Poole | Oct 22, 2022 | Uncategorized, Weekly Market Update
Global Market News Global equities make gains Global equities made gains this week. The S&P 500 and Dow Jones rose 4.74% and 4.89% respectively, while the Nasdaq rose 5.22%. The yield on the US 10-year Treasury shot up more than 20 basis points, ending the week at...
by The BlackSummit Team | Oct 20, 2022 | Geopolitics & the Day After, Uncategorized
We find ourselves in an era of transformation as simultaneous and intertwined global crises reshape finance, security, trade, energy, and diplomacy. This week, we first review the issues driving fears of a global financial crisis. Second, we highlight the ways in...
by The BlackSummit Team | Oct 18, 2022 | Uncategorized, Wooden Nickel
The Wooden Nickel is a collection of roughly a handful of recent topics that have caught our attention. Here you’ll find current, open-ended thoughts. We wish to use this piece as a way to think out loud in public rather than make formal proclamations or projections....
by Rachel Poole | Oct 15, 2022 | Uncategorized, Weekly Market Update
Global Market News Global equities have mixed week Global equities were mixed this week as US core inflation rose. The S&P 500 and Nasdaq dropped 1.55% and 3.11% respectively, while the Dow Jones rose 1.15%. The yield on the US 10-year Treasury ticked up to 4.02%....
by The BlackSummit Team | Oct 13, 2022 | Geopolitics & the Day After, Uncategorized
Global leaders and institutions alike are riddled with fears of an impending global economic recession. As central banks fight to bring down inflation, investors are bracing themselves for a slowdown while the leaders of emerging and developing economies are preparing...
by The BlackSummit Team | Oct 12, 2022 | Uncategorized
We are pleased to present an excerpt from Nomi Prins’s new book Permanent Distortion: How Financial Markets Abandoned the Real Economy Forever. The book tells the untold story of the ever-growing divide between the financial markets and the real...