Commentaries

By: John E. Charalambakis | On: August 8, 2023 |

Statecraft, Geopolitics, and Market Outlook, Part I: Etiolation and the Lessons from Herodotus, Dante, and George Kennan

John E. Charalambakis Herodotus made the call. Dante was on the other side answering the call at 1600 Pennsylvania Avenue. George F. Kennan was summoned in order to break the […]

By: John E. Charalambakis | On: August 1, 2023 |

Market Fundamentals and Direction, Part II: Caesar, Bach, and the Day After 

In the first part of this commentary, we examined two contrasting views of the market’s direction. The one describes a resilient economy. The other raises concerns about economic fundamentals that […]

By: John E. Charalambakis | On: July 18, 2023 |

The Anatomy of Underpinning Upheavals, Part III: Money, Kant, and the Platonic Shadows

Is there a Kantian Categorical Imperative for change in the international reserve system? A recent article by Bloomberg had the following introductory note: “All around the world, a backlash is brewing against the […]

By: John E. Charalambakis | On: June 22, 2023 |

Market Fundamentals and Direction: Reflections from the Attic of History, Part I

Reflecting over the last three years leaves us with a puzzling enigma: Is this a different world and a different market than the one we were facing in 2019? Unequivocally, […]

By: John E. Charalambakis | On: June 7, 2023 |

Polyarchy at a Time of Geopolitical Cycles: Canceling the Noise, Part XXV (finale)

With the debt ceiling debacle behind us we are closing this series, as we are of the opinion that a new cycle for the American and the global economy is […]

By: John E. Charalambakis | On: May 22, 2023 |

The Debt Limit Debacle, the Surrender of Reason, the Pre-Socratics, and Puccini’s Tosca: Canceling the Noise, Not by Bread Alone, Part XXIV

Could Puccini’s opera Tosca (based on Sardou’s dramatic play La Tosca) be the prolegomenon of the debt limit debacle? There are plenty of twists in both the play and the […]

By: John E. Charalambakis | On: May 4, 2023 |

Revisiting the Libation of Bearers: Aeschylus, the Serpent, and Hotel California (Canceling the Noise, Not by Bread Alone: Part XXIII)

Upon return from Troy, Agamemnon is killed by his wife Clytemnestra. Orestes and his sister, Electra, are resolute on killing their mother and her lover, both of whom are thirsty […]

By: John E. Charalambakis | On: April 18, 2023 |

Canceling the Noise, Not by Bread Alone: Part XXII

Are the financial tremors over? Based on the latest data published by the Federal Reserve Bank of St. Louis (see graph below), it seems that we are returning to some […]

By: John E. Charalambakis | On: April 11, 2023 |

The Anatomy of Underpinning Upheavals: Part II, the Energy Transition

In the first part of this series, we emphasized China’s ambition to replace (if needed by force) the liberal balance of power with an illiberal autocracy (consequently, limiting the role of the […]

By: John E. Charalambakis | On: March 27, 2023 |

Canceling the Noise, Not by Bread Alone: Part XXI

What’s wrong with the banks? How did we reach the point where three banks failed within a few days, and a couple more are on life support? How did we […]