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Alea Jacta Est… or almost
08/07/2025
1 min
On April 2, 2025, on Liberation Day, President Trump announced the implementation of tariffs on all his trading partners, with the aim of reindustrializing America, rebalancing the trade balance, and wiping out the budget deficit. Quite a program! But the shoc ...
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Alea Jacta Est… or almost
08/07/2025
On April 2, 2025, on Liberation Day, President Trump announced the implementation of tariffs on all his trading partners, with the aim of re ....
Financial markets are looking good
02/07/2025
Far from the stressful episodes of recent weeks, investors are smiling again. Between the decline in geopolitical tensions, a lull on the tr ....
Markets under pressure but without reaction
25/06/2025
Perhaps still groggy from this weekend's extreme temperatures, financial markets began the week surprisingly calmly, completely ignoring the ....
Strikes on Iran, limited impact for the moment
17/06/2025
By striking Iranian infrastructure dedicated to the development of its nuclear program as well as military capabilities, Israel has launched ....
End of cycle for the ECB?
11/06/2025
Against all expectations, the ECB surprised the markets. As expected, it implemented a further rate cut—the eighth in a year—bringing the de ....
A deceptive diplomatic respite
28/05/2025
European markets began the week on a moderately positive note, buoyed by an unexpected softening of the US stance on the trade front. While ....
New Warning for Washington
20/05/2025
Timing-wise, we've seen better. While US assets have been facing distrust from international investors for several months, and Congress is c ....
"My China" back all the way
29/04/2025
The Wall Street Journal aptly summed up last week's turnaround: "Trump finds his master: the markets." Although he claims to pay little atte ....
From MAGA to VUCA, thank you Miran!
23/04/2025
"There can be a slowdown of the economy unless Mr. Too Late, a major loser, lowers interest rates now." While his trade war has generated a ....