EFI

“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…

Trump wins, Macron loses – What are the consequences? Bruno Cavalier, Chief Economist ODDO BHF Asset Management. KEY HIGHLIGHTS: Occasionally, ​ a ​ country's ​ trajectory ​ changes ​ due ​ to ​ an unexpected political event. The assassination attempt on Donald ​ ​ Trump…

The Plan Epargne Actions (PEA) was created in 1992 in response to the government's desire to develop popular shareholding in France. It was supplemented in 2014 by the creation of the PEA-PME dedicated to listed or unlisted shares in Small and Medium-sized Enterprises (SMEs) and…

US rate cut in sight César Pérez Ruiz, Chief Investment Officer, Pictet Wealth Management. The week in review The S&P 500 rose 0.9% last week (in USD) as the fall in June consumer inflation opened the way to a first Fed rate cut (we think…

Please find below a comment from Nadia Gharbi, Senior Economist at Pictet Wealth Management. We expect no major surprises at the European Central Bank (ECB)’s meeting on July 18. The ECB is likely to maintain its policy rate on hold and provide little additional information…