
No systemic risk from SVB failure, but watch out for areas o...
2023 will be a two-speed year, with plenty of risks to watch out for.
Read moreWe keep the probabilities of our central and alternative scenarios unchanged vs. last month. The new wave of Covid-19 and stagnation in the Eurozone are adding growth uncertainty over the short-term.
More 5 to 10 minutesWe keep the probabilities of our central and alternative scenario unchanged versus last month but amend the narrative to take into account the evolving geopolitical situation (see Ukraine crisis tree).The new wave of Covid-19 in China and stagnation in the Euro-area are adding growth uncertainty over the short-term.
More 5 to 10 minutesWe keep the narratives and the probabilities of our central and alternative scenario unchanged versus last month.
More < 5 minutesOn the back of our quarterly updates, we have reviewed the narrative and the probabilities of our central and alternative scenarios.
More < 5 minutesOn the back of our quarterly updates, we have reviewed the narrative and the probabilities of our central and alternative scenarios.
More 5 to 10 minutesOn the back of our quarterly updates, we have reviewed the narrative and the probabilities of our central and alternative scenarios.
More 5 to 10 minutesWe maintain the narrative and probabilities of our central and alternative scenarios. In our central scenario, equities outperform on the back of abundant liquidity, improving fundamentals and accommodative monetary policy.
More 5 to 10 minutesWe note progress on the vaccine front despite logistics and side effects issues.
More 5 to 10 minutesSignificant progress in managing the pandemic, massive fiscal impulse in the US, and boosters in the RoW amidst accommodative monetary policies.
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European Directive 2004/39/EC dated 21 April 2004 on markets in financial instruments (MIFID)
Private customers or retail investors, or to investors who do not comply with the definition of qualified investors as defined in the applicable legislation and regulation
as defined in the US Securities Act of 1933
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