This is our last weekly report of 2024. We thank you warmly for your support and interest throughout this year and wish you a relaxing break. As we head into the end of the year, it is the right time to take some perspective about past...
Long gone are the days of inflation worries. Amid the political transition in the US and instability in the euro area, central banks will meet in the coming days for another round of rate cuts. This will likely be the fourth rate cut for...
More than a decade ago, southern Europe was facing a decisive moment, which eventually led to the Greek sovereign default and debt restructuring in 2012. But it also led to deeper EU integration and some form of debt mutualization. In...
The impossible trinity is a theory in international economics which states that it is impossible to have, at the same time, a fixed exchange rate, free capital movement and independent monetary policy. A good illustration of its validity...
This provocative title actually refers to a book that was published 20 years ago by the famous German economist Hans-Werner Sinn, then President of the Ifo Institute for Economic Research. At that time, in the early 2000s, he questioned...
This is it. Donald Trump just made “the biggest comeback in American history”. What surprises us at first hand is the extent to which polls underestimated the popular vote in favour of Donald Trump or, alternatively,...
