Author: BCB & Partners S.A.
Unrealistic expectations In this latest edition of our weekly investment strategy update: SPACs echo the dot.com bubble ; When prices no longer matter… ; Currencies. The latest unloved segment ; Fixed income. The BoJ is drawing a new paradigm ; Equities. A difficult start for the global vaccination ; and Equities. Retail renaissance. Click here […]
Cancellation, what cancellation? In this latest edition of our weekly investment strategy update: De facto cancellation ; Tongues are loosening! ; Fixed income. The risks are not where you think ; Currencies. Change with continuity ; Equities. Waiting for the 6G ! ; and Equities. A boom in semiconductors. Click here to read our weekly […]
EU False priorities In this latest edition of our weekly investment strategy update: EU is proving more mercantilist than strategic ; Fixed income. Chasing opportunities ; Currencies. Nothing seems to be able to derail the Yuan ; Equities. Covid mutants scare the stock market ; an Equities. Chinese Big Techs not on the US blacklist. […]
Sweep In this latest edition of our weekly investment strategy update: The ¨terrible¨ fate of autocrats ; Short-term tailwinds for Biden yes, but… ; Fixed income. US inflation break-evens still have some room ; Fixed income. The ECB is still searching its own road ; Equities. Reflation and green disruption ; Equities. The social media […]
THE YEAR OF ALL RECORDS Retrospective After starting 2020 at an all-time high, the US stock markets as well as all other financial centers have sharply corrected. As the Covid-19 pandemic accelerates, governments have taken unprecedented decisions, resulting into the fastest and most severe recession. Central banks and governments have offered hitherto unimaginable answers […]
Bad reputation In this latest edition of our weekly investment strategy update: Bonds still deserve … interest! ; Profligates cannot afford yield normalization ; Currencies. Will the lasts be firsts across EM? ; Equities. Focus on economic recovery ; Equities. Big Tech, 3 methods, 1 goal ; and Equities. Our thematic convictions for 2021, and […]
Apotheosis In this latest edition of our weekly investment strategy update: Optimism clearly takes over ; Currencies. The same old song ; Equities. Attempts to break technical resistances ; and Equities. Increased pressure on Chinese companies. Click here to read our weekly financial markets update report. Disclaimer This document is solely for your information […]
Saying or doing… In the latest edition of our weekly investment strategy update: Light at the end of the tunnel, they say… ; … but ¨cool heads / strong hands¨ still remain – very – skeptical! ; Fixed income. Just an ECB recalibration ; Fixed income. Easier refunding for banks is ensured ; Currencies. Wait-and-see […]
Global vision New economic cycle, with more volatile inflation. Slowbalisation Liquidity profusion will continue. Pandemics will affect long-term potential growth in G7, through the low marginal productivity of new debt. Resumption of intense liquidity injections by the Fed Fed will compensate for the lack of fiscal stimulus in Q4 (political gridlock). Funds’ redirection by the […]
Cryptos on fire, again In the latest edition of our weekly investment strategy update: A deep and deafening war is being waged against cash ; A race has started for the digitalization of money ; Is the landscape totally favorable to cryptocurrencies? ; Currencies. The GBP continues to swing around on Brexit headlines ; Equities. […]