Macro Update

US monetary policy spillover: will this time be different?

In this week’s Macro and Strategy Update, Gero Jung invites us to take a look at the world economy and analyses how different economic recovery patterns may impact investment behaviors.

Macro Update

Oily grail

Oil prices have risen tremendously since the beginning of 2021 and almost 10% in June alone. What are the possible reasons and the investment opportunities of such a configuration?

Macro Update

USD positionning

The USD strongly reacted to recent events. So what is our positioning on the US dollar after the last FOMC and ECB meetings?

Macro Update

Is China becoming an inflation exporter?

In this Weekly Macro and Strategy Update, Gero Jung tackles two important questions: is the Middle Empire becoming an inflation exporter? What factors could possibly explain this phenomenon?

Macro Update

Stick to the reopening and value trades

In this Weekly Macro & Strategy update, Valentin Bissat argues that the bond rally is only temporary. Why? There are 4 main reasons... discover them here.

Macro Update

The way back up

How to profit from the reopening of global economies? And in which sectors in particular? Listen to Marie Thibout's view in this Weekly Macro & Strategy Update.

Macro Update

Inflation in the spotlight

A rising question which has put investors under pressure is if and when inflation will take off. What impact could this runaway phenomenon have on the investment side?

Macro Update

Implications of higher inflation on your portfolios

What are the implications of higher inflation on your portfolios? Listen to our Senior Economist & Strategist Valentin Bissat to know more about it and about the consequent positioning of our portfolios.

Macro Update

After weak jobs report, Fed tapering off the table, for now

In this week’s video, Gero Jung looks at the implications of the latest US labour market report and tells us why he keeps a prudent investment view in US fixed income securities.

Macro Update

US techno stocks

Is it time to take profits on US techno stocks? According to our economist & strategist Marie Thibout: absolutely. Listen to her full analysis here.

Macro Update

Is it still time to invest in small & mid-caps?

Marie Thibout today gives us an update on the European equity markets and, more specifically on the small & mid-caps segments. Is it still time to invest there?

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.

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.

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.

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.

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.

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.

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.

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.

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.