by Rachel Poole | May 9, 2022 | Uncategorized, Weekly Market Update
Global Market News Global equities decline in volatile week Amid large intraday swings, global equities declined on the week as rising interest rates and oil prices rocked the markets. The S&P 500 and Dow Jones closed the week down 0.21% and 0.24% respectively,...
by John E. Charalambakis | May 9, 2022 | Commentaries, Uncategorized
Thursday, May 5th was quite brutal for both stocks and bonds. The Nasdaq dropped by 5% while the S&P 500 lost 3.6%. Of course, that was after Wednesday’s unexpected rally. The markets are looking for direction and for an equilibrium from where they could start a...
by The BlackSummit Team | May 6, 2022 | Uncategorized
The events unfolding in Ukraine today are decades in the making. Since Putin has been in power, he has made it very clear that he not only thinks of Ukraine as an illegitimate state, but he also believes the West has not given Russia nor himself the credit, power, and...
by Tyler Thompson | May 3, 2022 | Uncategorized
I received an interesting memo from our “Questions No One is Asking” department this week: Is market timing really all that bad? “Of course it is,” I scoffed. “Any freshman finance major could tell you that!” But before I threw the...
by John E. Charalambakis | May 2, 2022 | Commentaries, Uncategorized
We all know it by now. The Nasdaq lost 13% just in the month of April and is down more than 21% since the start of the year. As for the S&P 500, it lost almost 9% in April alone. Darlings like Nvidia and PayPal are down 32% and 24% respectively since the beginning...
by Rachel Poole | Apr 30, 2022 | Uncategorized, Weekly Market Update
Global Market News Global equities continue fallingGlobal equities declined this week, with the S&P 500 marking its worst January to April performance since 1939 and the Nasdaq posting its worst four-month start to the year ever. The S&P 500 and Dow Jones...