LFI

Building on the momentum generated by its entry into the LBP AM Group and ahead of the birth of the new entity it will form with Tocqueville Finance (TFSA)1in a few weeks’ time, La Financière de l’Échiquier (LFDE) is refreshing its governance and its management team.…

Rates higher for longer ... but not forever César Pérez Ruiz, Chief Investment Officer Pictet Wealth Management. The US Federal Reserve surprised markets last week with a remarkable policy pivot, signalling that it had started discussing interest rate cuts in a dovish message that lifted…

Jean-Pierre Durante, Head of Applied Research Pictet Wealth Management. A market dominated by demand from emerging economies As the energy transition gathers pace, demand for combustible fossil fuels is expected to peak this decade. The demand for car fuel could peak soon, followed by other…

Gold prices could rise moderately in 2024, but other precious metals could do better. Luc Luyet, Currencies strategist, Pictet Wealth Management. The start of next year could remain challenging for precious metals based on our central forecast that the Fed will be more hawkish than…

Nadia Gharbi, Senior Economist, Pictet Wealth Management. As we move towards 2024, fears the euro area economy will slide into recession remain rife. For our part, we expect the euro area to move sideways until mid-2024 before a modest recovery in H2 2024, with euro…

Coline Pavot, Head of Responsible Investment Research, La Financière de l’Echiquier (LFDE) There is an ongoing conversation about the place of women in business. It covers a range of issues, from professional equality to the glass ceiling and presence on boards, and progress is proving…

Pictet Asset Management. Global economy Leading economic indicators point to a mild recession in the US and stagnation in Europe in the early part of 2023, followed by a rebound in the second half of the year. Our central forecast is for global GDP growth…

Trade Republic has become a full-fledged bank with a full banking licence from the European Central Bank, and passes on the 4% gross interest rate on its savings account directly to savers, without conditions in terms of fidelity premium or otherwise, which does apply to…

The last mile or the final descent ?  Xiao Cui, Senior Economist, Pictet Wealth Management. The pandemic has made mainstream business cycle analysis much more complicated and significantly increased macro volatility. In 2024, we expect the driving force of US economic momentum to shift from…