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 of the first deals between major pharmaceutical...
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...
Macro & Markets
Investment Strategy – January
MACROECONOMIC OUTLOOK
At the start of 2026, geopolitical risk is back center stage reviving uncertainty but the macroeconomic scenario remains robust. With the Trade War,...
Macro & Markets
Weekly Radar – Week 2
I. US MILITARY
US EQUITIES
Make US military Great Again
On January 7, 2026, following his successful capture on Maduro in Venezuela, Trump signed an executive order to...
Macro & Markets
Weekly Radar – Week 48
MEDLINE
RHEINMETALL
US EQUITIES
Medline: The Largest IPO since 2021 in the US
On December 16, 2025, Medline went public at $29 per share, raising $6.3 billion. The...
Macro & Markets
Market Flash – No surprise at the ECB
At the last Governing Council meeting of the year, the ECB unsurprisingly decided to keep its key interest rates unchanged (deposit facility rate at...
Macro & Markets
Weekly Radar – Week 47
ORACLE
TOTALENERGIES
US EQUITIES
Oracle : Main Street vs Wall Street !
Oracle published its quarterly results on December 10, and its share price fell by 11% the following day, causing...
Macro & Markets
Market Flash – Back to the neutral rate
If we had to explain the reasons for the further 25 bp cut in the FED Funds rate decided at the FOMC meeting on...
Macro & Markets
Weekly Radar – Week 46
WARNER BROS.
INDITEX
US EQUITIESWarner Bros. Back at the Center of Wall Street’s Attention
Warner Bros. Pictures, the iconic Hollywood studio behind Batman, The Matrix and Harry...
Macro & Markets
Investment Strategy – December
MACROECONOMIC OUTLOOK
An expected choppy November has not questioned our positive global scenario. The shutdown in the US is now over and key statistical publications...
