Trade: China takes the bend In the latest edition of our weekly investment strategy update: Trump’s biggest blunder ; Asia-Pacific free trade treaty announced ; China definitely takes the lead in Asian trade diplomacy ; Currencies. The USD is at a 2-year low ; Currencies. Yield spreads favor JPY appreciation ; Fixed income. European linkers, […]
Bellicose interregnum In the latest edition of our weekly investment strategy update: Soaping the board. A US tradition ; Trump, sort of a Hoover disciple ; Fixed income. Will the Fed emulate the RBA? ; Fixed income. In the meantime, the Fed has still to navigate with Trumpists ; Equities. We will be fine, the […]
Strategy and Macro Asset Allocation Subpar growth, disinflation. Resumption of intense liquidity injections by the Fed Growth: temporary relapse. More uncertain U-shape pattern G-Zero world. Multilateralism and climate action in the waiting room More healthy capital flows Quality assets will remain scarce and expensive Normalization of risk appetite, lower speculation Macro perspectives Covid-19 and […]
Together or apart? In the latest edition of our weekly investment strategy update: Democracy 1 – Propaganda 0 ; Could cohabitation be virtuous, finally? ; Fixed income. Still some HY opportunities ; Equities. A tactical sector rotation ; and Equities. November and December, more complicated months for Big Techs. Click here to read our weekly […]
A sustainable Frugality ? In the latest edition of our weekly investment strategy update: Currencies. Biden victory: a potential SNB’s dose of oxygen ; Currencies. The final countdown ; et Equities. Ant Group, the reflection of fears against Big Tech and fintech. Click here to read our weekly financial markets update report. Disclaimer This […]
Hopefully, a temporary relapse In the latest edition of our weekly investment strategy update: Europe prepares for renewed pain ; Differences with the first wave ; Fixed income. Large pre-committed to easing in December ; Currencies. European yields Japanification confirmed ; Equities. China under the spotlight ; Equities. The pandemic is exploding in Europe and […]
From China with love In the latest edition of our weekly investment strategy update: A worrying Hong Kong precedent ; What happened in… Pratas? ; Xi does not envisage a military assault (yet), but… ; Currencies. One week to go ; Fixed income. SURE is a success ; Equities. Stock markets resist despite the gravity […]
With one – small – voice In the latest edition of our weekly investment strategy update: Europe reacts in record time ; Nord-Stream 2, the real test ; Fixed income. ECB QE fuels the bond rally ; Fixed income. Decoupling bond markets ahead? ; Currencies. BoE on the way to negative interest rates ; and […]
Time to…”Move on” ? In the latest edition of our weekly financial markets update: Fixed income. Deleveraging is going on ; Currencies. China Aims to Cool Yuan’s Surge ; Equities. The market wants to go higher ; and Equities. Entering the best time for retail sales. Click here to read our weekly financial markets update […]
ASSET ALLOCATION In Q2 and Q3 advanced economies managed to avoid disruptions of their capital / credit markets and to engineer a tentative recovery. The resiliency of the pandemic, as well as the growing cautiousness of consumers / firms necessitate further – decisive – actions. A more solidary and reinforced Europe siding with a different […]