Category: Publications
Global vision Long-term macro regime. Towards shorter and risker cycles than in past decades Imbalances, debt, sticky / resilient inflation, and geopolitics argue for more cyclicality and variations in economic cycles Financial conditions will continue tightening. After plateauing in T4 2021, global liquidity has started to contract in 2022. Higher oil prices and sanctions on […]
Global vision Long-term macro regime. Prepare for shorter and brisker cycles vs last decades Imbalances, debt, sticky / resilient inflation, and geopolitics argue for more cyclicality and variations in economic cycles Financial conditions will continue tightening. After plateauing T421, global liquidity has started to contract in 22 because of central banks, higher oil prices and […]
Global vision Long-term macro regime. Growth below potential and more volatile inflation. Demographic and debt undermine potential growth. Coupled with digitalization, it fuels secular disinflationary pressures which collide with – cyclical – inflationary tensions LT macro regime. Inflation durable irritation deteriorates business cycle perspectives Higher and much more volatile inflation will challenge the […]
The return of inflation Retrospective Inflation significantly higher than expected US inflation rose in November at an unprecedented rate in nearly 40 years. The price increase reached 6.8%. Many factors contributed to this surge, whether transitory or more structural. At the same time, inflation in the euro area hit a record high in November at […]
The Semdex Index gained 1.08% over the last 5 days. NEW MAURITIUS HOTELS LTD was the best performer, with an increase of 6.25%, while the worst performer was OMNICANE LTD with a loss of 10.89%. The index is up 17.68% so far this year. The Euro Stoxx 50 Index gained 1.32% closing at 4,229.70. FLUTTER […]
The Semdex Index gained 0.14% over the last 5 days. BELLE MARE HOLDING LTD was the best performer, with an increase of 26.53%, while the worst performer was SUN LIMITED-CL A with a loss of 2.97%. The index is up 16.43% so far this year. The Euro Stoxx 50 Index gained 2.08% closing at […]
The Semdex Index lost 3.85% over the last 5 days. AUTOMATIC SYSTEMS LTD was the best performer, with an increase of 5.00%, while the worst performer was BELLE MARE HOLDING LTD with a loss of 20.67%. The index is up 16.06% so far this year. The Euro Stoxx 50 Index lost 3.38% closing at 3,956.34. […]
The Semdex Index gained 3.95% over the last 5 days. LUX ISLAND RESORTS LTD was the best performer, with an increase of 22.86%, while the worst performer was BLUELIFE LTD with a loss of 3.17%. The index is up 19.08% so far this year. The Euro Stoxx 50 Index lost 0.40% closing at 4,068.09. SAP […]
The Semdex Index gained 0.96% over the last 5 days. UNITED DOCKS LTD was the best performer, with an increase of 12.28%, while the worst performer was BLUELIFE LTD with a loss of 11.11%. The index is up 6.18% so far this year. The Euro Stoxx 50 Index gained 0.91% closing at 4,126.70. AMADEUS IT […]
Global vision Global liquidity is decelerating – Liquidity will remain ample, but its momentum declines. This will continue in H2 in the context of taper talks and of a strong recovery – draining investable liquidity. Good global, but very heterogenous growth – Good global and synchronized growth in advanced economies in H2. China decelerating back […]