Macro & Markets
Weekly Radar – Week 13
VALERO
US EQUITIES
Valero: The New Deal for the World's Most Competitive Refiner
Since the launch of Operation Epic Fury on February 28, 2026, by the United States and Israel in Iran, the world...
Macro & Markets
Weekly Radar – Week 12
ADOBE
US EQUITIES
Adobe : value trap ?
Adobe reported strong financial results on March 12, 2026, yet its stock fell 7% the following day, bringing its year-to-date decline...
Macro & Markets
Weekly Radar – Week 11
COSTCO
REPSOL
US EQUITIES
Is there going to be a rush to Costco's gas pumps?
In response to the surge in oil prices since late February, gas prices...
Macro & Markets
Investment Strategy – March
MACROECONOMIC OUTLOOK
The US Supreme Court ruling on February 20, 2026, abolishing “reciprocal” tariffs, and the Gulf War that began on February 28, 2026, are...
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...
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...
