May 05, 2023

The rapid tightening of financing conditions increasingly weighs on the housing market. Credit demand has weakened, and consumer confidence is low.

May 03, 2023

The crisis-related damage to labor markets has not been as bad as expected amid changing consumer preferences and spending behavior. Employment has increased by 2.3% relative to pre-crisis levels, especially in France and Spain.

Apr 28, 2023

Ahead of the next round of monetary policy meetings next week, continued banking sector stress raises the question of whether financial stability concerns might alter the policy rate path in the US and the Eurozone, allowing inflation to remain higher for longer.

Apr 26, 2023

In a context of higher inflation and financial instability on the one hand, and a just transition and deglobalization on the other, the drivers of Return on Equity (RoE) across geographies help identify risks and opportunities in equity markets.

Apr 21, 2023

Some US banks remain under pressure, especially those with large exposure to commercial real estate (CRE). The office sector in particular has come under market stress.

Apr 19, 2023

Pension systems worldwide resemble a large construction site with no prospect of completion – although only a few countries are prepared for the coming demographic changes.