12
Dec
GDP down in Q3. Q4 potentially negative. Confidence eroding.New risks for employment. Inflation holding steady. Rate cuts on the horizon. Bond markets attractive. Outlook for the FTSE100 reduced. Key points The UK misses out on hoped-for rebound in Q3 Difficult end to the year for UK growth Slowdown in services clouds the outlook End of [...]
10
Dec
In the current context of economic stagnation, the BoE is preparing to change its policy. Considered restrictive, with the key interest rate higher than inflation, creating a high real rate that slows down activity, it will have to quickly adjust its message by indicating that the [...] The BoE will lower its rates faster than [...]
05
Dec
GDP falls in Q3. Timid recovery possible in Q4. Consumers remain concerned. The 3% rebound in the CPI is worrying. The stagflation scenario is taking hold. The BoJ will favor the status quo. Rates are tightening. The yen remains weak. Nikkei in danger. Key points Exports stall, GDP falls by -0.4% in Q3 Possible GDP [...]
05
Dec
The SNB is now facing the reality of a decline in growth. The shock of US tariffs caused a proven contraction in GDP of -0.5% in Q3, while uncertainty continues to push investors towards the CHF. The strength of our currency is [...] The collapse of GDP and deflation will push the SNB into action [...]
28
Nov
Sharp decline in GDP in Q3. Risks of a technical recession in H2 2025. Leading indicators still pessimistic. Deflation sets in. Return of negative rates in Switzerland. Unattractive yields. Mixed outlook for equities. Key points A surprisingly robust first quarter for the GDP High risks of growth slowing in Q2 More nuanced and contrasting leading [...]
26
Nov
Tech giants have already announced massive loans of nearly $250 billion to finance their AI-related development in 2025. This is almost as much as the last three years combined, even as doubts are [...] Creditors are concerned and are already protecting their loans. Discover our Investment Flash down below: Read more To make sure you [...]
20
Nov
The euphoric era of “Beta” (2023-2024), when good news for NVIDIA boosted the entire sector, is over. 2026 will be the era of “Alpha,” the era of “The Great Sorting.” Investors will no longer buy into “AI” as a concept; they will [...] From Beta to Alpha, a new way to invest in AI Discover [...]
13
Nov
Since the beginning of the year, agricultural products have not been performing well, with most of them recording negative trends. However, now may be the time to take another look at them, following massive corrections from their previous [...] Likely reversal of net non-commercial positions Discover our Investment Flash down below: Read more To make [...]
05
Nov
Since the market bottomed out in April, the Bitcoin Index has risen 63% while the dollar index has stabilized after a 12% correction at the beginning of the year. The inverse correlation often observed could once again put pressure on cryptocurrencies as [...] Dollar rebound triggers profit-taking Discover our Investment Flash down below: Read more [...]
29
Oct
Chinese equities are trading at a discount to global markets and even to other emerging markets or the S&P 500 (25.6x). The price-to-earnings ratios of the Hang Seng (12.8x) and CSI 300 (16.5x) suggest significant [...] Chinese stocks still offer diversification opportunities Discover our Investment Flash down below: Read more To make sure you don't [...]
