Macro Update

Sectorial allocation update

Time to switch from growth to value stocks? Listen to our economist & strategist Marie Thibout, giving us a sectorial allocation update, to know more about this question.

Bond moment

Reflation

The word reflation is currently around every corner... what is it exactly and how does it affect bond markets? Let Catherine Reichlin tell you more about it in her Bond Moment.

Weekly Insights

Sand

Wouldn't we be underestimating the importance and the value of sand? Listen to John Plassard's insights on this crucial material.

Macro Update

Cyclical equities

Why do we maintain a positive view on cyclical equities in a context in which analysts fear that the reflation trade is already priced into markets, and rising long-term yields in the US could hurt equities? Listen to Valentin Bissat to know more.

Bond moment

Total.ly surprising

Catherine Reichlin today reflects on Total's surprising announcement to issue only sustainability linked bonds to finance its operations. Will investors respond more favourably than when Repsol made a similar attempt in 2017?

Weekly Insights

US Treasury yields

John Plassard today puts a special focus on the US Treasury yields and answer 5 major questions around it. Why is the yield of the 10-year rising so sharply? Is the risk of inflation really that big?... Listen to his rich analysis of the day.

Ask Mirabaud

Options & volatility

We are thrilled to launch our new mini-series "Ask Mirabaud". Once in a while, we will pick a subject and elaborate on it. In this first episode, listen to Abdel Hamidouche answer the questions “what is an option and what is volatility?”.

Macro Update

US fiscal largesse: is it too much?

Could the new fiscal stimulus plan, unveiled by the Biden administration, increase the risk of an overheating US economy? Gero Jung clarifies this hot topic for you today.

Bond moment

It's Party time!

For the first time ever, the average yield to maturity in US High Yield fell under… 4%! Can we still talk about High Yield? With the recent bond issued by Party City, Catherine Reichlin examines this unprecedented situation.

Weekly Insights

Democratisation of cryptocurrencies

While traditional currencies are going through a period of crisis, cryptocurrencies have the wind in its sails. Will we soon be paying bread in Bitcoin rather than in euros? Listen to John Plassard's insights.

Macro Update

Retail investors: a disruptive power for financial markets?

Could retail investors, such as the "Reddit community", be a disruptive power for financial markets? And what effects can we expect in the middle to long term? Listen to the analysis of our economist & strategist Marie Thibout on this very trending topic.

Bond moment

Crossover Zone

How crowded is the "crossover zone" of the rating agencies - a transition zone shared by issuers that are on the verge of downgrading from Investment grade to High-yield or vice-versa? It appears that the situation is somewhat improving. Listen to Catherine Reichlin's analysis.

Weekly Insights

The hidden side of the GameStop phenomenon

John Plassard today talks about what could be seen as benefits of the actions of the Reddit community on the stock markets... what if their approach saved companies that were on the verge of bankruptcy?

Macro Update

Chinese Market

In this week's Macro & Strategy update, Valentin Bissat tells us all about the Chinese market and what to expect from it.

Bond moment

A certain idea of sharing

Today, Catherine Reichlin explains the difference between sustainable bonds and sustainability linked bonds. The example of Tesco is once again proof that some details can change the big picture.

Weekly Insights

Buybacks are back

Buybacks are back, with the blessing of the Fed. What role do they play currently? John Plassard discusses this topic in his Weekly Insights.

Macro Update

Central Bank Policy Action Monitor

In today's update, our Chief economist Gero Jung focuses on central bank policy, and in particular on the last ECB policy meeting. Let him guide you through three main outcomes of this meeting.

Bond moment

Who leads the tango?

Catherine Reichlin looks back at the mixed success of Spanish Treasury's first issue of the year and shows that the balance between issuers and investors is shifting over time... but who leads that dance?

Weekly Insights

Afraid of inflation?

Inflation is a theme that has become more and more recurrent in the recent weeks and is causing a lot of concern. How to diversify your assets? John Plassard gives you a few hints in this Weekly Insights.

Macro Update

Bond market prospects

What are the prospects for bond markets in the context of a reflation scenario and possible future tapering by the Federal Reserve? Let our Economist & Strategist Marie Thibout tell you more.