ODDO BHF Experts’ Insights
"Wind of change" - With spring approaching, our experts look back at the upheavals shaking the global economy. Laurent Denize shares his views on how to take advantage of the winds of change now blowing in favour of European and Chinese stocks. Bruno Cavalier analyses Donald Trump's choices, which have sparked fear in the financial markets and prompted Europe to unite and invest in its defence.
Mr Trump's tariff machine gun and Mr Merz’s fiscal bazooka
By Bruno Cavalier, Chief Economist, ODDO BHF
‘There are decades where nothing happens; and there are weeks where decades happen.’ This quote from Lenin comes to mind in view of the recent upheavals in the world caused, directly or indirectly, by Donald Trump. In recent weeks, there have been changes not seen for decades.
Let's look at a few examples. Firstly, by raising their tariff barriers, the United States has increased its average customs duty to a level not seen since the end of the 1940s. And this is certainly not the end of it, as other threats loom over world trade. Secondly…
Monthly Investment Brief - Wind of Change
Laurent Denize – Global Co-CIO ODDO BHF
Sometimes the course of history changes in the blink of an eye. It is not easy for observers to keep up with such sudden changes. The same goes for investors in the capital markets. Even a cursory glance at index levels at the end of February shows a 180-degree turn in market sentiment shortly after Donald Trump's inauguration. While the predominance of the US in the capital markets was still unchallenged at the beginning of the year, the first decrees of the new administration changed the wind more sharply than expected.
AI and Healthcare: what opportunities lie ahead?
Brice Prunas - Artificial Intelligence thematic manager - ODDO BHF AM
An interview with Brice Prunas - Artificial Intelligence thematic manager - ODDO BHF AM on Health & Artificial Intelligence