By: John E. Charalambakis | On: August 22, 2014 |
In the last commentary our thesis was that the economic landscape does not suffer from secular stagnation but rather from a complex and confused disequilibrium that diminishes expectations. Rather than […]
By: John E. Charalambakis | On: August 17, 2014 |
We are dreaming. We desire utopias. We treat ourselves with placebo drugs and we are hypnotized by all of the above. The symptoms started in Japan in the early 1990s. […]
By: John E. Charalambakis | On: August 10, 2014 |
Over the course of the last few weeks equity markets has felt shocks, with the German DAX index dropping by more than 10% signifying correction territory. As we explained last […]
By: John E. Charalambakis | On: August 3, 2014 |
The market turmoil last week persuaded some that a major correction is at work that will deflate the financial bubble. We would humbly disagree with that prediction. In our opinion […]
By: John E. Charalambakis | On: July 21, 2014 |
In the most recent report from the Bank of International Settlements (BIS) – the central bank of the central banks- we observed one the clearest divisions between the accommodative/coordinated policies […]
By: John E. Charalambakis | On: July 12, 2014 |
Over the course of the last several months a sense of market stability has prevailed. This can be seen in the low yields of government securities around the globe, signifying […]
By: John E. Charalambakis | On: July 3, 2014 |
According to the latest employment data the average pace of job gains in the US has accelerated and now stands at the highest level in the last few years, as […]
By: John E. Charalambakis | On: June 29, 2014 |
In a recent article Bloomberg reported the following pertaining to the gold market in China: “China’s chief auditor discovered 94.4 billion yuan ($15.2 billion) of loans backed by falsified gold […]
By: John E. Charalambakis | On: June 15, 2014 |
How could ISIS, a group of few thousand radical Islamists (a.k.a. Islamic State of Iraq and Al-Sham) be able to gain control of such vital areas and threaten energy, geopolitical, […]
By: John E. Charalambakis | On: September 4, 2014 |
Strategic Misconceptions and Market Expectations: The Brighter Side of a Dark Moon
In the last few days we’ve observed geopolitical events taking place from the Middle East to Eastern Europe and from Africa to Asia, shaking the markets and molding expectations. The […]