by Joel Charalambakis | Jun 13, 2014 | Weekly Market Update
Market Action Stocks in the US ended their positive run with a down week. Data such as retail sales and consumer confidence were disappointing relative to expectations. Escalated turmoil in Iraq and Syria cooled risk taking sentiment. Energy markets saw big gains on...
by Thierry Malleret | Jun 11, 2014 | Weekly Market Update
5 insightful op-eds or articles to help make sense of today’s world Adair Turner, “The Great Credit Impediment” (Project Syndicate, June 7, 2014) Lord Turner – a powerful voice on global financial matters – ponders whether low credit growth reflects low...
by The BlackSummit Team | Jun 7, 2014 | Weekly Market Update
Market Action Equities in the US closed at all time highs as the nation continues a slow but steady recovery. The jobs report published on Friday slightly beat expectations and revealed that the US economy has recovered all jobs lost during the Financial Crisis,...
by Thierry Malleret | Jun 5, 2014 | Weekly Market Update
5 insightful op-eds or articles to help make sense of today’s world Nouriel Roubini, “The Great Backlash” (Project Syndicate, May 31, 2014) In this short column, the economist / pundit argues that the backlash against globalization – and the freer movement of goods,...
by Thierry Malleret | Jun 3, 2014 | Weekly Market Update
If hard evidence is needed that the global economy is in a “muddle through” situation, the latest data on global trade provides it. In the first quarter of this year, exports and imports from the G7 and the BRICs fell by respectively 2.6 and 0.1% (from the previous...
by The BlackSummit Team | May 31, 2014 | Weekly Market Update
Market Action US equity markets closed the month of May posting gains. It marks the fourth month in the year that stocks have posted gains. The S&P 500 and Dow Jones closed Friday at record highs Despite gains in equities the week was marked by considerable...