Investment letter — May 2023
The labour market was still tight but softening in March, with 236k jobs created, a high number compared to pre-Covid norms, but less abnormal than has been the case in some recent instances.
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The labour market was still tight but softening in March, with 236k jobs created, a high number compared to pre-Covid norms, but less abnormal than has been the case in some recent instances.
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François possède une longue expérience des marchés financiers. Il a débuté dans le domaine du priority trading sur actions et options, puis s'est concentré sur…
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The month of March 2023 will certainly be one to remember with the failing of a few US midsize banks, and turmoil around Credit Suisse (CS) triggered by a statement of one of its largest shareholders, the Saudi National Bank, ruling out further investment.
LEARN MOREFebruary started with the Fed slowing its pace of monetary tightening to 25bps, taking Fed fund rates to 4.5%-4.75%.
LEARN MOREThe transition from 2022 to 2023 was marked by continued prospects of slower growth in the US while Eurozone’s particularly gloomy expectations at the end of last year have markedly improved thanks to collapsing gas prices and Chinese reopening.
LEARN MOREDecember data showed that the US economy has indeed been resilient until now, with third quarter annualised GDP growth revised up to a healthy 3.2%, a still tight labour market and an expanding November ISM Services index.
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November started with the Fed potentially signalling its last 75bps interest rate hike. With the upper bound at 4%.
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Vernissage des œuvres de KIMO le 16 novembre 2022, une soirée colorée en présence de l'artiste! André Bordet alias KIMO est un artiste peintre contemporain autodidacte, installé en Savoie, France. Il…
LEARN MOREAs another volatile month draws to an end, the only certainty we have seems to be that the transition from 2022 to 2023 looks set to be a period of still uncomfortably
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Nous avons eu le plaisir d'exposer les œuvres d’Emmanuel Sogbadji, le 3 novembre 2022, une belle soirée en présence de l'artiste. Bien que plasticien spécialisé sur le bronze…
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