By: John E. Charalambakis | On: February 16, 2017 |
In last week’s commentary we wrote that the earnings, production, and income pictures look good and that the market has legs to make further earnings. The market continued in its […]
By: John E. Charalambakis | On: February 8, 2017 |
More than 65% of companies that have reported earnings in the last few days have beaten estimates, which is a little bit higher than the long-term average. So and as […]
By: John E. Charalambakis | On: February 1, 2017 |
Collective hallucinations are dangerous. Undershooting carries risks, but overshooting could have much more serious consequences. Ignoring history is detrimental. Hubris backfires and lack of foresight demonstrates foolishness. My fear is […]
By: John E. Charalambakis | On: January 25, 2017 |
The market celebrated a Dow Jones Industrial Average that reached 20,000 yesterday. Is this too much of good news? Is it sustainable and could it be that investors are carried […]
By: John E. Charalambakis | On: January 19, 2017 |
One of the main issues debated at the Davos conference this week is the possibility of a new trade regime, as President Trump takes office. Discontent with globalization and the […]
By: John E. Charalambakis | On: January 12, 2017 |
In last week’s commentary we covered mainly the initial outlook for equities. In today’s post we would like to present an initial outlook for other markets such as bonds, commodities, […]
By: John E. Charalambakis | On: January 3, 2017 |
The only certain thing about a prognostication is that it will be wrong. Keeping that humble thought in mind, we offer our readers our initial thoughts on the markets’ trajectory […]
By: John E. Charalambakis | On: December 19, 2016 |
As I was boarding my usual end-of-the-year overseas flight I could clearly hear the arguments of a heated debate: “Do values matter and are they supposed to create the […]
By: John E. Charalambakis | On: December 19, 2016 |
Historically speaking credit markets serve as a reliable signal regarding global economic conditions. Tight spreads between corporate and government bonds have been indicating improving economic conditions, faster growth, higher incomes […]
By: John E. Charalambakis | On: February 22, 2017 |
U.S. Economic Developments Meet European Politics: Upswing Targets Convergence
The equities market continues its upswing trend and as its tide rises, other equity markets around the world follow it too, given that expectations and economic fundamentals in other places […]