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Macroscope

17/02/2026

Meiji Magic

All developed markets are currently preoccupied with identifying the losers of AI. All of them? Not quite: one market is...

Meiji Magic
Back to reality

Macroscope

11/02/2026

Back to reality

The year 2026 got off to a flying start, buoyed by optimism bordering on euphoria. Against a backdrop of unanimously...

Macroscope

03/02/2026

The power of the golden egg

According to Hindu mythology, the universe was born from a golden egg, shining like the sun. Thus, gold radiates all...

The power of the golden egg
Doctor Gold and Mister Treasuries

Macroscope

28/01/2026

Doctor Gold and Mister Treasuries

Since the mid-1990s, US sovereign bonds have become the most widely held asset in global reserves, dethroning the previous leader:...

Macroscope

20/01/2026

The Kospi-pop wave

A recently impeached president facing the death penalty; a tradition of presidents convicted of corruption, then pardoned by new leaders...

The Kospi-pop wave
United States: a new job market?

Macroscope

14/01/2026

United States: a new job market?

Grow or die. This hyperbole has long summed up the functioning of the American job market. One statistic symbolises this:...

Macroscope

05/01/2026

Happy 2036!

Financial forecasts for 2026 – if not as much use as a chocolate teapot – will soon prove out of...

Happy 2036!
Whatever happened to trade tariffs?

Macroscope

16/12/2025

Whatever happened to trade tariffs?

Worries about trade tariffs – a major source of stress at the start of the year – seem to have...