by The BlackSummit Team | Apr 18, 2014 | Weekly Market Update
Market Action The US equity markets rebounded this week to effectively erase prior week’s losses in all areas save for technology. The Dow gained 381.79 points for the week while the S&P and NASADQ, both registered gains of 49.16 and 95.79 respectively. Technology...
by Thierry Malleret | Apr 7, 2014 | Weekly Market Update
5 insightful op-eds or articles to help make sense of today’s world Nouriel Roubini, “The Changing Face of Global Risk” (Project Syndicate, March 31, 2014) Nouriel thinks that the six main global risks of a year ago (Eurozone breakup, fiscal crisis in the US,...
by Thierry Malleret | Apr 2, 2014 | Weekly Market Update
March heralds the return with a vengeance of geopolitical risk. The Ukrainian crisis, the rise of secular tensions in much of Asia, sectarian and civil strife in the “arc of instability” that stretches from Western Africa to Central Asia, social unrest in several...
by Thierry Malleret | Mar 30, 2014 | Weekly Market Update
BlackSummit Financial Group, Inc. proudly introduces The Monthly Barometer. The Barometer is written by Thierry Malleret, a professional with whom we collaborate with. Thierry brings a uniquely insightful perspective to global economics and geo-politics. We have found...
by The BlackSummit Team | Mar 29, 2014 | Weekly Market Update
Market Action The equity markets as measured by the Dow gained 19.78 points for the week while the S&P lost 10.05. Technical indicators imply a cautious approach. Biotech continued to weigh on the market this week. The index is down almost 14% since the end of...
by Thierry Malleret | Mar 25, 2014 | Weekly Market Update
BlackSummit Financial Group, Inc. proudly introduces The Monthly Barometer. The Barometer is written by Thierry Malleret, a professional with whom we collaborate with. Thierry brings a uniquely insightful perspective to global economics and geo-politics. We have found...