The Global Market Update is curated by Douglas Tengdin, CFA an employee of Charter Trust Company.
The opinions expressed herein are those of the author and do not necessarily represent the views of Charter Trust Company.
Investments may involve investment risk, including the possible loss of value.

Family Feud?

By |September 19th, 2019|

Where do conflicts and wars stem from? Samuel Huntington’s Civilizations Map. Source: Wikipedia In 1992, Dr. Samuel Huntington outlined his view of the coming world order. It was a heady time: the Berlin Wall had just fallen; East and West Germany were reunifying; Operation Desert Storm repelled Saddam Hussein’s aggressive invasion of Iraq. George H. W. Bush spoke of a “new world order.” Some political [...]

Job Terminators?

By |September 18th, 2019|

Are robots coming for our jobs? Photo: dronepicr. Source: Wikimedia. CC-BY-2.0 The fears are as old as modern civilization: intelligent machines go crazy and turn on their creators. Two centuries ago, Mary Shelly wrote “Frankenstein” about an artificial man; William Shakespeare puts Caliban in “The Tempest,” a half-human creature who turns on his master; in 1675 a group of weavers in England destroyed the looms [...]

Your Next Gig

By |September 17th, 2019|

What is the “gig economy”? Photo: Roger Wallenberg. Source: Department of Defense A “gig” is a short-term contract for a performer. An assistant professor in Music Studies at Dartmouth complained once that he’d never find another gig like the one he had in Hanover. When people use the term now to describe the economy, they’re referring to the fact that more and more people are [...]

Bright Lights, Rich City?

By |September 16th, 2019|

The world’s cities shine brightly. Photo: Cexin Ding. Source: Unsplash. There’s an iconic photo of North Korea, taken five years ago by the crew of the International Space Station. It dramatically illustrates the relative economic activity of North Korea compared with neighboring South Korea and China. In the photo, North Korea is almost completely dark. It’s impossible to tell where its coast lies. In fact, [...]

Dog and Cat Investing

By |September 13th, 2019|

Do you invest like a cat or like a dog? Photo: Kitty.Green66. Source: Flikr. CC BY-SA 2.0 Our cat and dog have very different approaches to life. Both were “rescues,” but the similarity ends there. Our cat is playful and mischievous. When I get up in the morning, she jumps up and follows me to the kitchen. She sits on a chair next to me [...]

Starting Small

By |September 12th, 2019|

Is there a bear market hiding somewhere? Photo: Courney Celley/USFWS. Source: Flikr. Public Domain. A bear market is a period of time where securities prices tend to fall. They can last from a few months to several decades. Some people think Japan’s stock market has been in an enduring bear market since 1989. Bear markets are marked by economic weakness and falling corporate profits. Often, [...]

Foggy Prospects

By |September 11th, 2019|

We had some pretty thick ground-fog the other day. Photo: StockSnap. Source: Pixabay. License. We didn’t have fog very often where I grew up in Minnesota. The prairie is flat and clear, and the temperatures evenly distributed. But in northern New England, the mountains cool much faster than the surrounding land. The heavier cold air flows downhill into the valleys, where the atmosphere is thick [...]

The Foolishness of Crowds

By |September 10th, 2019|

Have you ever cheered with a really big crowd? Photo: Pexels. Source: Pixabay. License. The cheering and excitement take on a life of their own. We get swept up in waves of emotion and excitement, carried along by the power of thousands and thousands of people just like us, rooting – and dreading – the same things. There’s something primal, elemental about it. People are [...]

Abstract Markets

By |September 9th, 2019|

What do you see? “Police Gazette,” by William de Kooning. Source: Wikipedia. Abstract expressionist art demands as much from its viewers as it does of the artists who create it. It’s emotionally intense, and tries to capture the “spirit” of the subject, rather than particular details. But the artworks are open to a lot of interpretation. Reality can seem obscure and difficult to elicit. One [...]