The actual data for 2023 turned out to be better than the projections. If those trends continue in 2024, then optimism should underline the New Year. Despite fighting a pandemic […]

The invitation for the end-of-the-year flight was a bit unusual. It had an image that looked familiar, as I have a copy of the painting in my office. Obviously, I […]

John E. Charalambakis & Mohamed Ramzi Roshdi We all remember, not with the fondest memories, the market performance in 2022. The S&P 500 lost 19.4%, and even long-term government bonds […]

Market bifurcation, as discussed in the previous commentary, is not an exclusive right of markets and geopolitical philosophy/practices. Ten days ago, OpenAI (the parent company of ChatGPT) demanded that right […]

It was April 16, 1917, when Vladimir Lenin stepped down from the train at the Finland train station in a triumphant return – after 17 years in Swiss exile – […]

John Locke was the first philosopher of the Enlightenment. His works set the stage for classical liberalism which, in turn, was instrumental in the American and French revolutions. The current betrayal […]

“There’s a retired businessman named Red Cast down from heaven and he’s out of his head He feeds off of everyone that he can touch He said he only deals […]

There are two distinct but inseparable parts in today’s commentary: First, we discuss epochs of transition and relate those transitions to the developments we are witnessing nowadays. Second, we ask […]

Are we experiencing a tragic market filled with pathos and crowned by ironies? Are there objective patterns in the flow of history (and for that matter of market cycles/waves) related […]

Ideological sclerotic politics can lead to tyranny. Adopting inflexible stands in an ever-changing market can lead to portfolio fragility. Ignoring the principle of prudence can inflict instability on both our […]