08
Apr
On February 24, the “Warning Sign” flash on Wall Street suggested adopting a cautious strategy by lowering exposure to equities in favor of fixed-income investments. Today, five weeks later, the Nasdaq [...] Trump prepares to negotiate tariffs country by country Discover our Investment Flash down below: Read more To make sure you don't miss any [...]
08
Apr
Economic momentum halted. Trump and DOGE break confidence. Complicated dilemma for the Fed. 15% tariffs and +1.5% inflation. Fixed-income markets benefit from recession risks. Dollar and equities under pressure. Key points U.S. economy slows down since Trump Growth halted in the first half of 2025 Leading indicators point to a slowdown DOGE's action affects jobs [...]
02
Apr
Crude oil prices remained broadly unchanged in the 1st quarter, despite wide fluctuations during the period. Between geopolitical risks, economic scenarios shifting from growth to recession, a potential increase in OPEC+ supply and a further tightening of sanctions against [...] Very attractive earnings growth and relative valuations Discover our Investment Flash down below: Read more [...]
01
Apr
Germany creates a new situation. Economic recovery in H2. PMI up. Inflation under control. ECB accommodating. Outlook moderate outlook for bonds. Positive backdrop for the euro, real estate and equities Key points Eurozone momentum weakens again Q1 2025 will remain weak before the next upturn Leading indicators are already strengthening Household confidence set to improve [...]
28
Mar
Fragile economic climate. Persistent uncertainty. Risk of stagflation. Inflation not yet under control. BoE will have to cut rates. High risk premium for bonds. Securitized real estate on hold. FTSE 100 target achieved. Key points Economic weakness continues into 2025 Uncertainty does not support the British economy Leading indicators confirm GDP stagnation Labour market still [...]
26
Mar
With only a week to go until April 2nd, Liberation Day, when Trump's tariff policy will be detailed, uncertainty remains very high, even if it seems that financial markets are tempted to “bet” on further White House backtracking, as suggested by [...] But the risk of recession is rising dangerously Discover our Investment Flash down [...]
19
Mar
The price of the yellow metal reached and surpassed the USD 3,000 per ounce threshold, recording another exceptional +16.5% rise since the beginning of the year, after an already extraordinary year in 2024 (+27.2%). Should we therefore [...] Uncertainty dominates markets and boosts yellow metal prices Discover our Investment Flash down below: Read more To [...]
12
Mar
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 [...]
11
Mar
Exports support GDP. Q1 2025 probably solid. Positive momentum in services. Further rate hike in March. Potential appreciation of yen to 140 against USD. Increasing risks for the Nikkei. Ten-year yield at 1.5%. Key points Strong Japanese economic recovery supported by rising exports First quarter of 2025 likely to be solid Leading indicators supported by [...]
05
Mar
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 [...]
