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Tokenisation: apprehension or opportunity?

Macroscope

09/12/2025

Tokenisation: apprehension or opportunity?

Which asset class has grown by 118% since the beginning of 2025? No, not gold – although its value has...

The demographic winter: watch out for slippery financial conditions

Macroscope

02/12/2025

The demographic winter: watch out for slippery financial conditions

France should be ready “to lose its children” in the event of an armed conflict, according to the Chief of...

Macroscope

24/11/2025

When consumers sneeze, investors catch a cold

The stratospheric results of Nvidia, the highly confident statement from its CEO and the enthusiasm of its followers were clearly...

When consumers sneeze, investors catch a cold
Comparable doesn’t mean identical

Macroscope

17/11/2025

Comparable doesn’t mean identical

Renowned investors such as Michael Burry – famous for having anticipated the subprime crisis – are betting on a fall...

Macroscope

10/11/2025

Supreme blow?

5 November was a strange day on equity markets – the stocks that had been hardest hit by US trade tariffs...

Supreme blow?
The dealer in rare earths versus the dealmaker

Macroscope

03/11/2025

The dealer in rare earths versus the dealmaker

On 30 October 2025, the two most powerful men in the world, Xi Jinping and Donald Trump, met in Busan in South...

Macroscope

27/10/2025

The cockroach in the mine

A “canary in a coal mine”, in keeping with the usual expression, or a “cockroach”, with many more to follow,...

The cockroach in the mine
All that glitters is not gold

Macroscope

20/10/2025

All that glitters is not gold

Good or bad news? The answer to this depends on whether we are assessing the causes or the outcomes, but...

Macroscope

13/10/2025

Should I Stay or Should I Go?

Since the appointment of the Lecornu government on Sunday 5 October at 8:00 p.m. in France, the catchy chorus of...

Should I Stay or Should I Go?
Is buying high a good strategy?

Macroscope

06/10/2025

Is buying high a good strategy?

The record highs chalked up almost daily by global equities and, even more so, the stratospheric performance of certain iconic...

Macroscope

29/09/2025

AI: growth without employment?

The US economy looks to be on the right track, with GDP growth revised up to 3.8% on an annualised...

AI: growth without employment?