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14 November 2023
Financial panorama, Investment and marketsWhat moved the markets in OctoberOnce again in October, the indices show a difference between the manufacturing economy, which is slowing, and the services component, which continues to grow but which, once again, is decelerating.
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13 October 2023
Financial panorama, Investment and marketsWhat moved the markets in SeptemberOnce again in September, the indices show a marked difference between the manufacturing economy, which is slowing, and the services component, which continues to grow but which, once again, is decelerating.
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14 June 2022
Financial panoramaWhat moved the markets in MayVery volatile month for the North American stock markets, which ended May where they started. Uncertainty about the extent of central bank rate hikes. Risk of stagflation and recession still present. Precarious supply chains.
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12 May 2022
Financial panoramaWhat moved the markets in AprilA difficult month for both equities and bonds. New surge in inflation and further policy rate hikes by central banks. Management of the new COVID-19 wave in China and slowdown of its economy. Invasion of Ukraine and impact of the war on commodity prices.
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12 April 2022
Financial panoramaWhat moved the markets in MarchThe invasion of Ukraine by Russia and the impact of this war on commodity prices, as well as the surge in inflation and the rate hikes announced by central banks, remain the key focus of the markets.
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09 March 2022
Financial panoramaInflation again, and Ukraine…During these turbulent times, we are diligently pursuing the mandate you entrusted to us:
sound and effective management of your wealth. Our goal is to free you from financial
concerns at such a humanly difficult and troubling time. -
11 February 2022
Financial panoramaKey rate hikes in sightThe first month of the year was difficult, both for bond yields and for equity markets, which experienced very high volatility.
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20 December 2021
Financial panoramaThe Fed, inflation and a new variantJerome Powell was reappointed as head of the U.S. Federal Reserve (Fed), which was viewed positively by the markets. The markets reacted negatively, however, to Mr. Powell’s statement that inflation is no longer transitory, as well as to the emergence of the Omicron variant in many parts of the world.
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23 November 2021
Financial panoramaThe evolving meaning of “transitory”
During October, signs of inflation intensified. Where things get a bit sticky, however, is the duration implied by the word "transitory."
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20 October 2021
Financial panoramaThe Fed changes course
The Fed is expected to reduce its monthly bond purchases in November: at least that’s what came out of the Jackson Hole meeting in September.
