Macro & Markets
Weekly Radar – Week 10
US EQUITIES
America, the new swing producer
The large-scale military offensive by Israel and the United States against Iran, which began on February 28, 2026, risks creating a new prolonged energy...
Macro & Markets
Weekly Radar – Week 9
NVIDIA
HEIDELBERG MATERIALS
US EQUITIES
Lost in wonder lands :
Stock market disruption and creative destruction
This week's earning reports from two heavyweights in information technology, Salesforce, the third-largest business software...
Macro & Markets
Weekly Radar – Week 8
WALMART
AIRBUS
US EQUITIES
Walmart: Every day low price
With $713 billion in revenue in 2025, reported on February 19, 2026, Walmart's revenue has just been surpassed by Amazon, which...
Macro & Markets
Weekly Radar – Week 7
CATERPILLAR
SIEMENS ENERGY
US EQUITIES
Caterpillar is firing on all cylinders
Since the beginning of the year, and over the last five days, Caterpillar has posted the best and second-best...
Macro & Markets
Weekly Radar – Week 6
WALL STREET, MAIN STREET, AND FINANCIAL LEVERAGE
SAP AND THE SOFTWARE BEAR MARKET
US EQUITIES
Wall Street, Main Street, and financial leverage
This week, three sources of concern that...
Macro & Markets
Investment Strategy – February
MACROECONOMIC OUTLOOK
The geo-economic context of 2026 appears to be shaping up as a continuation of 2025. It will still be heavily influenced by the...
Macro & Markets
Market Flash – AI is eating software
Since the beginning of the year, stock market index have continued to rise in the wake of 2025, driven by high nominal global economic...
Macro & Markets
Weekly Radar – Week 5
LVMH
EUROPEAN EQUITIES
LVMH, “2026 will not be easy...”
‘2026 will not be easy,’ warns Bernard Arnault, striking a cautious tone during the presentation of the group's annual results,...
Macro & Markets
Weekly Radar – Week 4
PHARMACEUTICAL SECTOR
BAYER
US EQUITIES
Are investors beginning to re‑embrace the pharmaceutical sector?
Since the tariff threats at the end of July 2025, and even more so since the announcement...
Macro & Markets
Market Flash – Customs duties to consolidate the western hemisphere of the United States
Last Saturday, Trump increased the pressure on European countries that defend the sovereignty of the Kingdom of Denmark over the autonomous territory of Greenland. The official objective...
Macro & Markets
Weekly Radar – Week 3
TSMC
ASML / ASM I
US EQUITIES
Will TSMC’s salvation be American?
TSMC (Taiwan Semiconductor Manufacturing Company) was founded in1987 by Morris Chang (94 years old), at the initiative of...
