Investing

Macro risks are building to the downside, but current data doesn’t warrant a 50bps Fed rate cut in September, or an inter-meeting cut beforehand Please find below a new comment from Xiao Cui, Senior Economist, at Pictet Wealth Management. The July employment report in the…

The Good, the Bad and the Ugly César Pérez Ruiz, Chief Investment Officer, Pictet Wealth Management. THE WEEK IN REVIEW Even though the Fed provided its clearest hint yet that it will start cutting rates in September, the US stock market was overwhelmed by weak…

What does it mean to invest in high-quality companies? For us, high quality is characterised by historically stable earnings. Companies should not only be profitable when the economy is doing well. The more a company's profits depend on the economic cycle, the more volatile its…

Please find below a new comment from Xiao Cui, Senior Economist, at Pictet Wealth Management, tomorrow’s Fed meeting: We expect the Fed to leave rates unchanged this Wednesday but to note further progress on inflation and hint at a September rate cut (through statement or pressor,…

“R” for rotation César Pérez Ruiz, Chief Investment Officer, Pictet Wealth Management. The week in review Continuing a recent trend, US small caps and cyclical sectors outperformed large-cap indexes and noncyclical stocks last week. Thus, the Russell 2000i ​ returned 3.5% (in USD), in sharp…

This month, we take a look at one possible application of Artificial Intelligence: the humanoid robot. While robots have long existed in industry, for example on automobile production lines, robots capable of emulating our appearance, our movements, our actions and, to a certain extent, our…

Zhennan Li, Senior Asia Economist, Pictet Wealth Management. The economic impact on China could be significant. The US and Europe have recently announced big tariffs on targeted Chinese products such as electric vehicles, but the impact on Chinese GDP should be limited. However, a move…

Luc Luyet, Currencies strategist, Pictet Wealth Management. Robust global demand Although gold prices are at historical nominal highs, the decline in price-sensitivegold demand has led to weaker price momentum since mid-April. In the short term, we see limited scope for a significant decline in demand…

Dong Chen, Chief Asia Strategist and Head of Asia Research Pictet Wealth Management. Japanese stocks are known for their diversification qualities. Additionally, they provide an opportunity to gain exposure to quality growth firms that benefit from a leadership position in their respective industries. Furthermore, through…

Out of the race César Pérez Ruiz, Chief Investment Officer, Pictet Wealth Management. The week in review Last week saw a stark contrast between US small-cap and equal-weight indexes on the one hand and generic stock indexes on the other. Seen as especially well placed…