Market Recap 03/03/2024

Download PDF USA This week started quietly for the US markets, with all major equity indices falling slightly while investors were cautiously looking ahead to Thursday’s PCE print, which came out at 2.4%, the smallest annual increase in nearly three years. On Friday, the ISM data revealed a contraction in Read more…

Market Recap 25/02/2024

Download PDF USA In a strong week for the broad U.S. stock market, equity indexes generally trended upward, except for the small-cap Russell 2000 Index, which was down 0.8% for the week. Both the S&P 500 Index and the Nasdaq Composite Index reached new intraday highs, with the latter experiencing Read more…

The unsolved puzzle of China

Download PDF Introduction China’s economy has embraced growth prospects for as long as we can remember, but it now faces a myriad of systemic obstacles. From inherent problems tied to its aging population and lack of independent institutions, to today’s property and financial crisis, China is now at an important Read more…

Market Recap 18/02/2024

Download PDF USA This week in the US, which was headlined by the upcoming CPI print, the markets showed mixed results. The Dow Jones managed to only grow by 0.2%, while the S&P 500 could not outgrow Monday’s opening numbers overall decreasing by 0.1%. NASDAQ experienced even a larger decline Read more…

2023 review cover

2023: a Year in Review

Download PDF Introduction In 2023, the global economy has exceeded expectations, with projected global GDP growth set to beat consensus forecasts from a year ago. Core inflation has seen a significant drop, plummeting from 6% in 2022 to 3% across economies recovering from the post-COVID price surges. Notably, the US Read more…