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April 2, 2025 (Liberation Day) marked the major turning point for markets: once the rules of the game became clearer,...
3 December 2025
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Market Views
Credit
Global Credit
2025 moved from early-year volatility to a more stable regime as markets adjusted to the new U.S. policy mix and...
25 November 2025
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Market Views
Financials
Over the last few months the global economy has held up thanks to strong U.S. fiscal stimulus and widespread deficits...
24 November 2025
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Market Views
Credit
Global Credit
Markets have adapted to a new, less orthodox economic order, supported by expansionary fiscal policies and more accommodative central banks....
29 October 2025
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Market Views
Equity
Financials
Despite macro uncertainty, financial equities continue to deliver. European banks show resilient fundamentals and earnings upgrades, while US financials benefit...
5 September 2025
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Market Views
Equity
Global Equity
A single query on ChatGPT can consume up to 10 times the energy of a traditional search, highlighting the urgent...
24 July 2025
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Market Views
Credit
Financials
The last six months have been eventful for markets, driven largely by developments under the Trump administration and the campaign...
9 July 2025
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Market Views
Equity
Global Equity
The global macroeconomic backdrop today appears complex but not without some positive signals. On one hand, there are still signs...
2 July 2025
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Market Views
Credit
Global Credit
As we approach the midpoint of 2025, the global economic outlook appears increasingly challenging. The first half of the year...
24 June 2025
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Market Views
Financials
The United States is facing growing uncertainty due to rising tariffs and a projected $10 trillion in debt issuance, which...
13 May 2025
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Market Views
On 2 April, Trump announced a new set of “reciprocal” tariffs to strengthen the US economy, signalling a significant shift...
3 April 2025
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Market Views
Credit
Global Credit
The Trump 2 administration has shifted the focus from Wall Street to Main Street, with active tax policies and tariffs...
1 April 2025
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