Category: Investment flash

For several months now, we have been talking about the fact that Trump's policies will have a faster impact on the confidence and the investment climate than on [...] The risk reduction process is not yet complete Discover our Investment Flash down below: Read more To make sure you don't miss any of our publications [...]

During the last three US recessions (2001, 2008 and 2020), yield curves normalized each time, with short rates falling twice as fast as long rates. This followed episodes of [...] Atlanta Fed's GDPNow is a fresh warning Discover our Investment Flash down below: Read more To make sure you don't miss any of our publications [...]

After one month as president, Donald Trump has seen his popularity rating fall to a level never before reached by an elected president. This decline is largely due to his aggressive and unapologetic policy of stunning his political and economic opponents with extreme (...) Reducing risk in the face of increasing uncertainty Discover our Investment [...]

From a relative point of view, small and mid-cap stocks in Europe and the United States have performed less brilliantly than large-cap stocks in recent quarters. Since the start of 2024, Europe's 50 largest stocks (SX5E) have gained +26.5% in euros in almost 14 months, while (...) New opportunities outside the blue chips Discover our [...]

The domestic context of low interest rates, inflation under control, a declining exchange rate at last, and expected earnings growth of +19%, is generally favorable to a rise in Swiss small caps in 2025. They will benefit from this environment to a greater extent than in 2024, not least because of the change in sentiment [...]

Whether or not there will be a tariff war in 2025 is undoubtedly premature, but we are rapidly moving towards a first round of tough confrontation. We'll have to wait and see whether (...) Tariff hikes threaten GDP more than CPI Discover our Investment Flash down below: Read more To make sure you don't miss [...]

Chinese equities have been under pressure for several months due to fears and threats to Chinese exports from a massive tariff hike forcefully announced by D. Trump. The Shenzen index slipped a (...) Chinese government and D. Trump offer new perspectives Discover our Investment Flash down below: Read more To make sure you don't miss [...]

After declining by -4.8% in Q3, the dollar index rose by +9.1% on January 14, 2025, just over three months later. Anticipation of Trump's presidential victory was one of the main factors behind this rise, which was largely fuelled by (...) Momentum likely to be lost after Trump's inauguration Discover our Investment Flash down below: [...]

The analyst consensus forecasts a crude oil supply that will be significantly in excess of world demand in 2025. For our part, we believe that analysts are underestimating crude demand and overestimating supply. The reduction in inventories in 2024 points to (...) Positive backdrop for oil prices and oil stocks Discover our Investment Flash down [...]

The last quarter of 2024 was marked by the US elections and by major changes in the perception of political and economic risks that extended beyond the US alone. Donald Trump's return to the White House in January 2025 triggered (...) Risks of imported inflation, rate increases, threats to growth, return of uncertainty to start [...]