Macro & Markets
Market Flash – Trump D-Day
Today, Donald Trump will officially be inaugurated as the 47th President of the United States. A decisive turning point for American politics and the future of bilateral relations with...
Macro & Markets
Weekly Flash : Week 3
The 3 must-know news stories of the week
1. China: Growth Target Achieved
2. US Inflation: Good News Awaiting Fed Confirmation
3. US Banks Operating at Full Capacity
Chart of the...
Macro & Markets
Market Flash – In the Eurozone, is the decrease in inflation in 2025 truly justified?
While justified doubts persist in the United States, many investors are questioning whether, in the Eurozone, inflation's ability to sustainably return to target levels...
Macro & Markets
Editorial – January 2025
A Dependent ECB Following the Fed
During the latest ECB meetings, members expressed greater concern over the dynamics of economic activity than over inflation trends....
Macro & Markets
Macro-economic Point: January 2025
US: Growth at all costs
Overall, we believe that Donald Trump's economic program will have a positive effect on activity in the short term, but...
Macro & Markets
Weekly Flash : Week 2
House of Representatives: Another Victory for Trump
The British Pound Under Pressure Amid Doubts About UK Fiscal Policy
Resilience of the US Economy
Chart of the Week:...
Macro & Markets
Weekly Flash – Week 51
1. The Bank of Japan Awaits Trump.
2. Trump & Europe: Tariffs or Gas Purchases... No Choice.
3. The Fed Anticipates Trump.
Chart of the Week: Can Italy and Germany Afford to...
Macro & Markets
Market Flash – The Fed wants to remain credible in the face of inflation
The Federal Reserve lowered interest rates by 0.25 percentage points but signaled a slowdown in the pace of easing next year to bring the...
Macro & Markets
Weekly Flash : week 50
1. ECB: Further Rate Cuts Well Underway
2. SNB: Approaching Zero Rates
3. China: Awaiting Commitment to Greater Support
4. Chart of the Week: Since 1960, the...
Macro & Markets
Asset Allocation – December 2024
The year 2024 was marked by exacerbated political instability. Most elections (whether planned or not) led to changes in majorities (USA, France, UK, Mexico)...
Macro & Markets
Market Flash – Swiss National Bank : This Time It Will Be 50 bps
The SNB has reduced its key interest rate by 50 basis points to 0.5%, with the rate on excess sight deposits lowered to 0%,...
