Investing

June 2024 Prospects for the world economy have improved and interest rates are about to fall. That's a positive backdrop for stock markets in the near term. Asset allocation: from soft-landing to no-landing Not so long ago, the markets were convinced that the US would…

Below you will find a new commentary by Lauréline Renaud-Chatelain, ​ CIO Office & Macro Research at Pictet Wealth Management. SUMMARY Corporate bonds have outperformed government bonds this year, mainly due to spread tightening and corporate bonds’ more elevated yields. Credit spreads now look particularly…

Reserve a spot for Japanese stocks in your savings plan The Japanese stock market has been due for rediscovery for a while now, after being forgotten by just about every investor for years. The Nikkei index even improved set a new record for the first…

Below you will find a new commentary by Frederik Ducrozet, Head of Macroeconomic Research, at Pictet Wealth Management, ahead of this Thursday’s ECB meeting. Inflation surprised the consensus to the upside today, with the headline HICP figure accelerating more than expected to 2.6% y/y in…

Back to T+1 (after a century!) César Pérez Ruiz, Chief Investment Officer, Pictet Wealth Management. THE WEEK IN REVIEW May ended on a whimper for US equities, as the Fed continued to seed doubts about its rate cut intentions. Inflation numbers were as expected, but…

This month, we take a look at the growing importance of Artificial Intelligence in non technology sectors, by analyzing the specific case of the banking sector. The recent publication by Jamie Dimon, CEO of US banking giant JP Morgan, of his letter to shareholders not…

UK elections on 4 July César Pérez Ruiz, Chief Investment Officer, Pictet Wealth Management. THE WEEK IN REVIEW It was a rocky week for US equities, with the cheer generated by blockbuster earnings from the world’s main AI-related chipmaker quickly eclipsed by renewed doubts about…

Story of the month Three British economists - Paul Marsh and Mike Staunton of the London Business School and Elroy Dimson of Cambridge University - have undertaken a painstaking task : they have traced 35 stock markets around the world back as far as possible…

Metallurgy, the main tool of the industrial transition Antoine Chacun, Managing director– ODDO BHF Metals. “Europe must conduct precisely the reverse policy to help decarbonize global metal industries. We must reduce our metallurgical deficits and encourage local competitive production by ensuring that local processing industries…

Here is a new comment from Frederik Ducrozet, Head of Macroeconomic Research, at Pictet Wealth Management, on euro area wages following today’s (strong) number, and below a short summary. Euro area negotiated wage growth surprised to the upside in Q1, rising to 4.7% YoY from 4.5%…