
Trump pushes, Powell gives in
27/08/2025
2 min
For many months, Jerome Powell has been struggling to maintain a precarious balance between the US Federal Reserve's two mandates—price stability and full employment—while, according to the latest macroeconomic figures, these seem increasingly difficult to rec ...
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Trump pushes, Powell gives in
27/08/2025
For many months, Jerome Powell has been struggling to maintain a precarious balance between the US Federal Reserve's two mandates—price stab ....

September already played out for the Fed?
20/08/2025
The American economy, a black belt in judo? Macroeconomic publications across the Atlantic follow one another and seem to tirelessly send th ....

The Mithridatization of Financial Markets
14/08/2025
In the first century BC, the Persian king Mithridates VI was known to regularly consume small doses of poison, thereby accustoming his body ....

The US Senate's Techno-Optimist Manifesto
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"Techno-optimists believe that societies, like sharks, grow or die." Marc Andreessen uses this unorthodox definition to describe techno-opti ....

Market insight - Spring Summer 2025
18/07/2025
Economic context

Wisdom according to Donald Trump
16/07/2025
"After prolonged reflection, I have come to a definition of Swadeshi: the restriction of ourselves to the use and resources of our immediate ....

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 ....