Publications

23 January 2023 - Happy New (Chinese) Year !

China is celebrating this week its new lunar Year, which belongs to the Rabbit. The rabbit is the fourth animal in the Chinese zodiac. In...

16 January 2023 - Lower inflation brings joy.

Global food prices are dropping to levels below the end of 2021. According to the FAO (Food and Agriculture Organization of the United...

9 January 2023 - A happy (?) new year.

A new year and new hopes have arrived. European equities rose by almost 5% on average for the first week of the year, with France leading...

Final (investment) thoughts as 2022 goes away.

We should avoid "cognitive inertia". Psychologists use this term to describe the human tendency to stick to the "status-quo" and resist...

19 December, 2022 - Annus horribilis is, at last, coming to an end.

(Please note that the next weekly review will be published on January 10th, 2023. We extend once again our warmest wishes for the...

12 December, 2022 - Bonds and equities finally part ways.

Bonds and equities are finally starting to move independent of each other. In this horrible year, bonds and equities have fallen 10%-20%,...