Publications

September 25, 2023 - Reached the peak, but planning to stay there for long.

The message from the last round of central bank meetings was almost uniform. After the fastest and most aggressive interest rates hike...

September 18, 2023 -Oops, they did it again.

The ECB managed to surprise markets with a "dovish hike". It raised interest rates again by 25bps, against expectations that they would...

September 11, 2023 - When Apple sneazes, the markets catch a cold.

It is very rare (apart from periods of global crisis) that Apple shares lose 8% of their value in just two days. And when this happens to...

September 4, 2023 - Back to school, with cooler macro data (and weather).

After a rather warm August, vacationers are returning to their base in a much cooler environment. The investment community is also...

August 28, 2023 - It feels like living in parallel universes.

Imagine the following : A person is sitting an a room, where his upper body is exposed to a temperature of 50 degrees Celsius and his...

August 21, 2023 - Markets are in a "hangover" state.

August has started on a negative note for financial markets, as a result of the extreme euphoria of the previous two months, especially...