How to position yourself in the context of the European Economic RevivalIn a scenario of reallocation of investment flows towards European stocks deemed undervalued following the overperformance of American stocks, some analysts are...
Apart from some exotic commodities like coffee, gold has been the best performing asset year to date, up 15% as we go to press. With rising trade uncertainties and a higher (though still low) probability of a recession in the US, this...
The late Benjamin Graham used to say that “the market is a pendulum that forever swings between unsustainable optimism and unjustified pessimism”. Although the price tag for the renewed trade uncertainty is not so elevated...
Tempers are flaring. After Vice-President JD Vance has launched a scalding attack on European democracies, they are answering. The title of our report echoes a speech delivered last week by a French Senator that has gone viral on both...
A month after Donald Trump’s inauguration, we look at how assets have performed since he won the elections and discuss the Chinese surprise. Many market developments have unfolded as written in the “Trump trade” playbook,...
The announcement that the US administration was conducting peace negotiations with Russia on Ukraine came as a surprise. It was not so much the fact that Trump wants to stop the war in Ukraine – he was vocal about that during the...
