Loader image
Enguerrand Artaz
Shadow boxing

Shadow boxing

As we enter the final stages of the US presidential election, 10 September represents a key milestone for the two...

Market Flash

Market Flash

After a depressing July, the equity markets began August with a sharp decline. Many indices have now entered a correction...

Holiday homework

The summer break is synonymous with rest, sun and traffic jams caused by flocking holidaymakers, but – as history has...

Holiday homework
A spoke in the wheel of the US economy

A spoke in the wheel of the US economy

It has rarely been so difficult for US households to purchase a property. Indices measuring access to property – of...

The first phase of the waltz

At the end of March, the Swiss National Bank inaugurated the ball on interest rate cuts, before being joined, at...

The first phase of the waltz
Walmart’s magnifying mirror

Walmart’s magnifying mirror

As the first-quarter earnings season draws to a close, Walmart, one of the last remaining stock market heavyweights, went through...

Concerto for brass

USD 10,000. The figure resonated like a vibrato in the lively concerto accompanying the industrial metals market for the last few...

Concerto for brass
Is the easing real or an illusion?

Is the easing real or an illusion?

At the last meeting of the US Federal Reserve (Fed) in December 2023, its Chair Jerome Powell gave a particularly...

Back to the nineties

January 1996. Having raised its key interest rate from 3% to 6%[1], the US Federal Reserve (Fed) completed a brief...

Back to the nineties
The return of inflation – a legitimate fear or stubborn memory?

The return of inflation – a legitimate fear or stubborn memory?

Although volatility in markets is at a low – as can be seen from the level of the VIX or...

Has Germany got trapped by its own certainties?

“The sound of a train whistle conjures up the whole station.” When writing his “Notes on the Cinematographer,” filmmaker Robert...

Has Germany got trapped by its own certainties?