Valuations are now a little more attractive. However, the environment remains challenging, particularly in Europe.

The Fed is determined to hike rates rapidly. In the short-term the US economy will be supported by the many cushions present in the economy, as a result...

The French 2022 election cycle is starting in the context of the war in Ukraine which favours to the incumbent president.

The first half of Emmanuel Macron’s term (from H2 2017 to the Covid outbreak, in Q1 2020) featured a significant number of “structural” or “supply-side”...

We keep the narratives and the probabilities of our central and alternative scenario unchanged versus last month. The war in Ukraine could evolve in...

United States: the increase in energy and commodity prices, which is pushing inflation higher, is negatively impacting the US consumer, both in terms...

We amend the narrative of our scenario to take into account the consequences of the war in Ukraine.

Macroeconomic Picture by area and Macro and Market forecast.

The concept of strategic sovereignty goes far beyond the issues of security and defence. It also assumes relative self-sufficiency, and the ability to...

Real interest rates in the US and Europe have reached negative levels that are unprecedented in recent history.

Market Scenarios an Risk - February 2022

Macroeconomic Picture by area and Macro and Market forecast.

Macroeconomic Picture by area and Macro and Market forecast.

Market Scenarios an Risk - January 2022

Our Global Views team attempts to answer some of the questions often asked by our clients.