by The BlackSummit Team | Feb 3, 2024 | Uncategorized, Weekly Market Update
Global Market News Global equities make gains Global equities made gains this week. The S&P 500 and Dow Jones increased 1.38% and 1.43% on the week respectively, while the Nasdaq grew 1.12%. The US 10-year Treasury note dropped several basis points,...
by The BlackSummit Team | Feb 1, 2024 | Geopolitics & the Day After, Uncategorized
This week, we explore the financial, economic, and geopolitical state of the world. First, we discuss the ways that global finance, large companies, and energy commodities are changing in our new age of geopolitical and economic uncertainty. Then we move to an...
by John E. Charalambakis | Jan 30, 2024 | Commentaries, Uncategorized
Self-deception and evil are the two main characteristics of Shakespeare’s tragedy Othello. Like Otello (in Verdi’s opera) who defended Cyprus against the Ottomans (a pre-incarnation to Lawrence of Arabia) Othello nowadays – allegorically speaking –...
by The BlackSummit Team | Jan 27, 2024 | Uncategorized
Global Market News Global equities make gains Global equities made gains this week. The S&P 500 notched record highs this week before lowering on Friday, but still posting a weekly gain of 1.06%. The Dow Jones increased 0.65% on the week, while the Nasdaq grew...
by The BlackSummit Team | Jan 25, 2024 | Geopolitics & the Day After, Uncategorized
This week, we are examining several global and regional developments that lend insight into the state of world affairs. First, we discuss the takeaways from Davos, the gathering of the World Economic Forum in Switzerland. Then we move to an analysis of the expanding...
by John E. Charalambakis | Jan 23, 2024 | Commentaries, Uncategorized
Last Friday, the S&P 500 reached an all-time high. However, the equal-weighted index of the S&P 500 is still below the old record (as shown in the graph to the right below). Moreover, the Russell 2000 is still in a bear market (more than 20% below its all-time...