By: John E. Charalambakis | On: September 12, 2019 |
The story of humankind has been a long tale of war, tyranny, misery, conflict, and illiberalism. To that extent the recent decades of relative peace and prosperity, along with the […]
By: John E. Charalambakis | On: August 27, 2019 |
Last Friday’s trade war escalation may not be substantial in terms of GDP impact but could indicate a turn in the ongoing trade disputes and may inflict significant damage in […]
By: John E. Charalambakis | On: August 22, 2019 |
The year was 480 B.C.E. and Xerxes (Persia’s king of kings) had gathered his troops and his fleet in the place known as Abydos, a town on the Asian side […]
By: John E. Charalambakis | On: August 15, 2019 |
T.S. Elliot pronounced that Virgil’s Aeneid was a universal classic since the poem reflects the foundation of how you create and preserve a world system. The Aeneid displays in a […]
By: John E. Charalambakis | On: August 7, 2019 |
The risks of an economic slowdown is compounded by trade war rhetoric, a Brexit without a deal, the reduction of short-term rates (Asian central banks lowered their rates in the […]
By: John E. Charalambakis | On: July 30, 2019 |
The Center for Financial Stability (CFS) recently hosted a roundtable discussion on European Central Bank (ECB) monetary policy with Philipp Hartmann. Philipp is Deputy Director General for research at the […]
By: John E. Charalambakis | On: July 24, 2019 |
Danny Rodrick might have been right after all when he argued in his 1997 book (titled Has Globalization Gone Too Far?) that we should be careful how far we are […]
By: John E. Charalambakis | On: July 18, 2019 |
In last week’s commentary, we discussed some perspectives of gathering clouds over the short-term horizon (6-10 months). We expressed the opinion that caution is warranted regarding new market highs given […]
By: John E. Charalambakis | On: July 9, 2019 |
Data from around the world show that economic activity is slowing down. At the same time, the trade uncertainty exacerbates the concerns that a slowdown crowned with an intensifying trade […]
By: John E. Charalambakis | On: September 19, 2019 |
Short-Term Borrowing Crunch: An Aberration or a Signal of Trouble?
In the course of the last couple of days the Fed has been injecting significant amounts of liquidity (to the tune of $75 billion per day) into the financial system. […]