CoreMacro

European profits margins are elevated. Will a mild recession be enough to bring them down?

EUR/USD collapsed in the wake of last week’s hotter-than-expected US CPI report. Is this pessimism warranted and will the euro’s trading range that has prevailed since 2023 breakdown?

Europe credit flows are stabilizing, hence a major drag on the region’s growth will dissipate. What does this development imply for European equities?

Special Report

Italy is no longer Europe’s problem child. Investors will be better off reassessing their views of Italian assets, which represent a buying opportunity on a structural time horizon.

Does the recent surprise rate cut by the Swiss National Bank augur other dovish surprises among major central banks in Europe?

We are pushing back the anticipated start date for a Eurozone recession and assessing how it affects our equity stance.

Special Report

Europe’s productivity growth lags that of the US. While structural factors contribute to Europe’s lower productivity level, the region’s recent lost decade plays an even greater role.

Outside of Germany, European growth fares better than many believe. Will this hidden resilience help the euro and push German yields higher?

Signs that we are entering the last phase of a bubble are building up. Can European equities benefit from a new tech mania?

Special Report

The German economy has lagged that of Europe. This trend will continue, but does it mean German equities will underperform further?