Macro Update

Short-term US inflation outlook: the only way is up

Our expert Gero Jung gives us an outlook on US inflation and tell us why he thinks US inflation is likely to spike.

Bond moment

What about Russia?

Our expert today talks about Russia and how the US sanctions are impacting the Russian credit markets.

Weekly Insights

Europe's return to grace?

European growth and the Euro STOXX 600 are expected to improve over the coming months. What are the 6 underlying reasons for such optimism?

Macro Update

Is it time to come back on emerging market equities?

Could emerging market equities outperform developed market equities, and if so: when? Listen to our economist & strategist Marie Thibout.

Bond moment

"Taper Tantrum"?

Our expert Catherine Reichlin todays tells us more about credit markets in Europe and what can be expected later this year.

Weekly Insights

The 3 risks for the markets

As global indices are hitting all-times highs day after day, let John Plassard walk you through what he considers to be the 3 biggest risks for the markets.

Macro Update

Use of US stimulus checks

US households received a 3rd stimulus check last month, as part of the various rescue plans voted by Congress. Did this money pour back into the US economy or was is rather saved or used toward debt? Listen to Valentin Bissat's analysis and discover the statistics.

Bond moment

Accra-Islamabad

Ghana and Pakistan, both rated B-, have returned to the international bond market recently. How did the markets react and how could we describe their respective success? Listen to our expert Catherine Reichlin to find out more.

Macro Update

Central banks – low for longer, but for how long?

In March, many central bank meetings took place. Whether the ECB, the US Fed or our very own Swiss National Bank, what is the main message coming from them and what does it imply on our asset allocation? Listen to our Chief Economist Gero Jung.

Bond moment

Can money buy peace of mind?

In a falling yield environment, investors worry about their re-investment risk but in a rising yield environment, which is currently the case, it is the issuers who worry about having to face higher costs. So what can they do? Our expert Catherine Reichlin will answer this question using the example of the car rental company Avis.

Weekly Insights

The semiconductor sector, a calm recovery despite the storm?

Would you invest in the semiconductor sector? This sector, which has been caught up in the storm of the US technology stock market downturn, is nonetheless benefiting from the reopening of the economy. Listen to what John Plassard has to say on the subject.

Macro Update

How is the US dollar doing?

Is dollar weakness over and what does it mean for asset allocation? Listen to the view of our economist & strategist Marie Thibout on this subject.

Bond moment

Green isn't a shield

Stars are aligned and the fight against climate change may have found its financing tools: green bonds. While records in terms of new issues will very probably be broken in 2021, let’s not forget that green bonds are first and foremost bonds… and are subject to the same market risks than any other bond. Let Catherine Reichlin explain you more in her Bond Moment.

Weekly Insights

Space and financial market’s conquest

Investment bank Morgan Stanley estimates that the global space industry could generate revenues of more than $1 trillion within 20 years. SpaceX is now developing reusable rockets to reduce launch costs, which could well mark a historic turning point in space investment. Would you invest in the space industry?

Macro Update

Fed's "Operation Twist" programme

Federal Reserve members are meeting today to discuss the monetary policy stance in the US. Given the rise in long-term yields, Fed Chair Powell will certainly be asked about a possible “Operation Twist”. But what is it exactly? Listen to our expert Valentin Bissat.

Bond moment

Same but different

Today our financial expert, Catherine Reichlin talks about the recent global increase in long-term yields. Indeed, while the pandemic has brought the monetary and fiscal policies to converge, the end of the crisis seems to accentuate gaps between countries and create discrepancies.

Weekly Insights

"Never bet against America"?

"Never bet against America" is what Warren Buffet says in a letter trumpeting Berkshire’s US-based assets in 2021. Listen to what our expert John Plassard has to say about that and his explanation regarding the economic growth of the US and its position against China.

Macro Update

The US consumer is on fire

US consumer spending, which represents more than 2/3 of total US economic activity, appears to be on fire... Could that be a sign of recovery for global growth? Listen to our Chief Economist Gero Jung to know more.

Bond moment

Nature bonds

A new type of bond could be created this year: Nature bonds. The protection of biodiversity is now emerging as a crucial issue for financial markets, given that more than half of the world's GDP is based on natural resources. Pakistan could be the first state to take the plunge! A case to follow.

Weekly Insights

Is it the end of Tech Companies?

In this Weekly Update, John Plassard points out the challenges this economic downturn poses for technology companies and their place in the market. FANGs are facing major issues. This leads to the question: is this the end of technological values?