02
Apr
The oil shock threatens economic growth. Stagflation is the most likely scenario. Decline in consumption and investment. Rise in key interest rates. Negative outlook for bonds and stocks. The dollar is in demand. Key points Sharp slowdown in Q4 weighed down by the shutdown The oil shock already points to stagflation in Q1 Oil shock [...]
30
Mar
GDP growth at zero in the first half? Stagflation risks are back in full force. Household confidence is plummeting. New inflationary threats. Risk of three rate hikes in 2026. A weak euro. The rate shock is weighing on all financial assets. Key points Q4 trend strongly called into question in Q1 Will the GDP forecast [...]
27
Mar
Following the decline in gold prices (-25%) and gold mining stocks (-30%) in March, we believe new opportunities are emerging. Despite rising input costs, the sector’s [...] Exceptional margins and historically low valuations Discover our Investment Flash down below: Read more To make sure you don't miss any of our publications and have access to [...]
20
Mar
The blockade of the Strait of Hormuz is disrupting the fertilizer market. 30% of global demand is blocked. The impact is greater than that on the energy sector. This is having a direct effect on fertilizer prices and agricultural commodity prices. Inflation is set to rise sharply in the second half of the year. Key [...]
19
Mar
GDP is under serious threat from the oil shock. A recession is possible in the first half of the year. Inflation is set to rise above 4%. Yields are surging. Financing costs are rising. Risks are mounting for the UK real estate and equity markets. Key points The UK confirms near-stagnation in Q4 A difficult [...]
18
Mar
The blockade of the Strait of Hormuz is causing a systemic shock to the fertilizer market, one far more critical than the oil crisis alone. This logistical bottleneck is blocking the export of 33% of the world’s urea and ammonia, creating [...] Rising fertilizer costs, falling yield and price pressure Discover our Investment Flash down [...]
12
Mar
The Swiss economy avoids technical recession. Weak outlook for H1 2026. Reversal of inflation trend. Change in the nature of risks for the SNB. Geopolitics supports the franc. Increased risks for Swiss assets. Key points Swiss economy avoids technical recession in Q4 The war in the Middle East also threatens Switzerland Headwinds for Swiss economy [...]
09
Mar
Precarious balance for the economy in 2025. Conflict in the Middle East causes crude oil prices to skyrocket. Likely decline in consumer confidence. Industrial production under pressure. The BOJ faces stagflation. Key points A difficult recovery in Q4 Q1 under pressure between resilience and external shocks Positive leading indicators before the energy crisis Likely further [...]
09
Mar
The recent decline of Chinese giants such as Baidu, Alibaba, and JD.com comes amid volatility fueled by dashed hopes for economic recovery and heightened [...] Prospects for substantial price increases Discover our Investment Flash down below: Read more To make sure you don't miss any of our publications and have access to exclusive research, don't [...]
05
Mar
Recent developments in the S&P 500 Media & Entertainment sector have been marked by a fairly clear dichotomy between digital giants such as Meta and Google on the one hand, and [...] Selective repositioning following improved valuations Discover our Investment Flash down below: Read more To make sure you don't miss any of our publications [...]
