Skip to main content
search
Investing

US a bright spot as risks to rally multiply – February 2025

As risks to the world economy multiply we have downgraded equities to neutral but still expect US stocks to outperform most other markets From the launch of cut-price new artificial intelligence technology to Donald Trump's trade tariffs on China, Canada and Mexico, it has been…
EFI
07 February 2025
Investing

Executive Orders

Tariffs delayed, not denied César Pérez Ruiz, Chief Investment Officer, Pictet Wealth Management. While they had to untangle a welter of pronouncements and executive orders from Donald Trump, freshly installed as US president, overall the mood remained positive on US equity markets last week. Helped by…
EFI
06 February 2025
Investing

2024 review and 2025 outlook: international equity

US equity markets did particularly well in 2024, outperforming other regions. In 2025, the first measures taken by the Trump administration will be decisive, as they are likely to have an impact on the rest of the world. Yoann Ignatiew, General Partner, Global Equities Portfolio…
EFI
05 February 2025
Investing

2024 review and 2025 outlook: European equity

After a complicated 2024, the slightest positive signal could give a boost to European equity markets in 2025. Anthony Bailly, European Equities Portfolio Manager Rothschild & Co Asset Management. What to Remember from 2024 ? In European markets, 2024 was notably marked by the political…
EFI
04 February 2025
Investing

AI Sputnik moment?

Trade war César Pérez Ruiz, Chief Investment Officer, Pictet Wealth Management. Last week was book-ended by disruption in AI and the spectre of a tariff war. Early in the week, US indexes were briefly hit by the emergence of a new AI model in China…
EFI
04 February 2025
Investing

Investment Strategy – The US: An Artificial Paradise?

For the time-being, US stays a non-artificial paradise. It remains our favorite choice on Equities for putting money back to work and offset (at least partially) the yield erosion Laurent Denize , Global Co-CIO ODDO BHF Asset Management. Broad diversification is rightly regarded as the…
EFI
24 January 2025
Investing

Fed on hold

Hot jobs César Pérez Ruiz, Chief Investment Officer, Pictet Wealth Management. The good news on the jobs front proved bad news for stocks last week. The S&P 500 declined 1.9% (in USD) as the December nonfarm payrolls report dampened hopes for further Fed rate cuts. US Treasury…
EFI
20 January 2025
Investing

Central bank week

Hawkish Fed cut César Pérez Ruiz, Chief Investment Officer, Pictet Wealth Management. A fading of post-election sentiment was evident in S&P 500’s -0.6%  performance last week (in USD). In addition, a 25 bps rate cut by the Fed this week is already baked in, while data…
EFI
20 December 2024