Actualités
Rational exuberance?
04/11/2025
2 min
In 1996, Alan Greenspan, then chairman of the US Federal Reserve, delivered a now-famous speech to the American Enterprise Institute, warning against the risk of "irrational exuberance." He denounced the stock market euphoria fueled by the internet revolution ...
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« Data-dependence » leads to overreaction
15/02/2022
En abandonnant la forward guidance au profit d’une approche résolument « data-dependent », la FED a fait le choix de laisser les investisseu ....
"Good news is bad news"
09/02/2022
Après la Fed, la BoE et la BCE ! Les deux principales banques centrales européennes, qui tenaient leur réunion de politique monétaire la sem ....
A new lunar year
01/02/2022
Until now , and without too much trouble for the financial markets, Jerome Powell had succeeded by clever communication, to engage the Ameri ....
Changes in the market perception
25/01/2022
The time of optimism, which prevailed on the financial markets, seems already far away. Indeed, if last year investors got along rather well ....
The "Quantitative Tightening" fear
18/01/2022
Between the tightening of the Fed's balance sheet (Quantitative Tightening) and the term "anxiety", derived from the Latin angustia (narrow ....
The glass is definitely half full
17/01/2022
Regardless of the variant, be it Delta or Omicron, inflation and monetary tightening ahead, financial markets have been (and remain) staunch ....
When the seagulls have their feet, it's time to turn!
17/01/2022
While Jerome Powell had long hesitated, during the year 2021, to take the step of monetary tightening, arguing of transitory inflation and a ....
Everything is under control ...
15/12/2021
The end of this year clap is fast approaching and topical issues have not, for the moment, really changed, namely Covid and inflation (as we ....