Commentaries

By: John E. Charalambakis | On: May 19, 2022 |

Downturn: Monetary Regimes, Disintermediation, and Financial Markets

Many commentators have been discussing lately the similarities between the 1970s and the inflationary pressures of today. Others have expanded their analysis by incorporating stagflationary issues into their comments. We […]

By: John E. Charalambakis | On: May 9, 2022 |

Canceling the Noise; Not by Bread Alone Part X

Thursday, May 5th was quite brutal for both stocks and bonds. The Nasdaq dropped by 5% while the S&P 500 lost 3.6%. Of course, that was after Wednesday’s unexpected rally. […]

By: John E. Charalambakis | On: May 2, 2022 |

Canceling the Noise; Not by Bread Alone Part IX

We all know it by now. The Nasdaq lost 13% just in the month of April and is down more than 21% since the start of the year. As for […]

By: John E. Charalambakis | On: April 26, 2022 |

Baffling Landscapes: Declining Markets, Ockham Razor’s, Putin, and Verdi’s Spy

Baffling Landscape One: By the time Grosseteste died in 1253, Oxford had become the Aristotelian stronghold. Two Franciscans who followed him pushed knowledge to new intellectual heights that not even Thomas […]

By: John E. Charalambakis | On: April 25, 2022 |

Canceling the Noise; Not by Bread Alone Part VIII

There are four issues that we would like to address in the current edition of this special series that we started on February 14th. Where should we park cash to […]

By: John E. Charalambakis | On: April 18, 2022 |

Canceling the Noise; Not by Bread Alone Part VII

In the current edition of this commentary, we would like to focus on three evolving headwinds that sustain our skepticism about economic and market trajectories, namely: Trade flows, developing countries’ […]

By: John E. Charalambakis | On: April 8, 2022 |

Canceling the Noise; Not by Bread Alone Part VI

It’s time to look under the hood again and cancel the noise while trying to figure out what is happening. There are three issues we will be addressing in this […]

By: John E. Charalambakis | On: April 5, 2022 |

Erratic Markets and the Fulfillment of Kairos: Linear vs. Non-Linear Interpretation, Part II

Nowadays, it seems that coronavirus concerns have almost been forgotten. Covid-19 is out, war and energy concerns are in. Market turmoil is marked not by the number of infections but […]

By: John E. Charalambakis | On: March 22, 2022 |

Erratic Markets in the Garden of Opis: The Linear and Non-Linear Interpretation, Part I

In the autumn of 324 BCE and just a few months before his death, Alexander the Great organized a magnificent banquet in the Babylonian city of Opis, by the banks […]

By: John E. Charalambakis | On: March 18, 2022 |

Canceling the Noise; Not by Bread Alone Part V

The Fed raised rates last Wednesday by 0.25%, a very inadequate response to the realities of fast-approaching double-digit inflation. Gone are the days of decisive bold leadership of a Fed […]