Finally, a stir
The stock markets have had a fantastic rally. And while I am all for rising prices, it has also been a bit boring at times. But with the latest set of macro figures, things are getting a bit more exciting again, with a likely good outcome as a result.
I have regularly been called a «permabear» over the past 12 months, if not longer. Because even though the US economy in particular was steaming ahead, the chances of a recession have never been zero, in my opinion.
An autonomous EU would create a new framework for investors
Caution is required when selecting stocks of European listed companies as the European Union works on a policy to promote strategic autonomy in response to a rapidly changing geopolitical environment. Part 2 in our special series on geopolitics and investing.
Une UE autonome pourrait créer un nouveau cadre pour les investisseurs
La sélection des titres de sociétés européennes cotées en Bourse exige une prudence toute particulière, à présent que l’Union européenne élabore une politique visant à promouvoir une autonomie stratégique.
ECB begins gradual rate cuts amid persistent inflation
The European Central Bank’s (ECB) decision to cut its benchmark interest rate for the first time since 2019 underscores a strategic but cautious approach to managing persistent inflation in the Eurozone. The move reflects a balance between acknowledging progress made in reducing inflation and recognising that further action may be needed to stabilise the economy.
Les directives en matière de durabilité soulèvent des questions difficiles pour les banques
« Qui décide si une entreprise progresse suffisamment vite dans son plan de transition climatique ? Une institution financière ou le gouvernement ? Les banques se trouvent dans une position quelque peu inconfortable. Et qui veille à l’aspect social, pour garantir que la transition soit équitable pour tous ? »
Quintet’s Dutch subsidiary is upbeat on Europe’s prospects
While economic growth and growth expectations for the US are leveling off slightly, the European economy appears to be strengthening. A unique moment lies ahead: the European Central Bank (ECB) may pre-empt the Federal Reserve (Fed) with rate cuts.
House prices defy predictions
US house prices have climbed over 6% in the past year, pushing the value of homes nearly 3% above their peak from June 2022. This increase came despite the Federal Reserve’s aggressive interest rate hikes aimed at curbing rampant inflation. Clearly, the traditional models for predicting house prices are no longer reliable.
« L’indice de référence constitue de plus en plus un carcan pour l’investisseur actif »
Les investisseurs actifs se focalisent souvent beaucoup trop sur l’indice de référence. Ce « benchmarkisme » a des conséquences considérables. « La réflexion stratégique est compromise. »
Making the most of private markets
In an unstable investment environment with wars and crises looming worldwide, contradictory inflation data as well as insecurity regarding interest rate development, alternative investments have evolved into a diversifying and stabilising element of institutional portfolios – and will continue to do so.
« Le capital-investissement : capitalisme extrême ? Capitalisme pervers ! »
Les investisseurs en capital-investissement promettent la prospérité, mais ils mettent souvent en danger les entreprises de leur portefeuille. Pendant ce temps, le secteur se soustrait à la responsabilité juridique de ses actes.