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Enguerrand Artaz
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

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...

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...

The return of inflation – a legitimate fear or stubborn memory?
Has Germany got trapped by its own certainties?

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...

Buy now, pay later

Probably the most striking divergence in macroeconomic statistics in the current environment can be found in the US, between GDP...

Buy now, pay later
Young people in the US labour force – caught between a rock and a hard place

Young people in the US labour force – caught between a rock and a hard place

For a number of months, US employment has taken a clear turn for the worse, having been at record levels...

Giants with feet of clay?

86%: this is the share of S&P 500 performance (excluding dividends) realised this year by the “magnificent seven” – Alphabet, Amazon, Apple,...

Giants with feet of clay?
The Fed in limbo

The Fed in limbo

Jerome Powell will go down in the economic history books as the name associated with the first 75 bp hike...

What’s new in the east?

  Over a week has passed and the dust is far from settling. The conflict continues to rage on Ukrainian...

What’s new in the east?