What to watch I January 10, 2025

2025 capital market themes, riding the China-Europe train and energy crisis in Europe, season 2? 

Germany – quo vadis?

Over the past 25 years, megatrends such as demographics, climate change, and artificial intelligence (AI) advancements have reshaped global economies. Poised at the crossroads of these transformations, Germany faces challenges distinct from its earlier struggles as the “sick man of Europe”, raising doubts about its economic model. 

Economic outlook 2025-26: Defying gravity?

Global economic growth: Not quite "dancing through life". Global real GDP growth is expected to remain moderate but steady at +2.8% in 2025-26. We expect developed economies to experience a slight slowdown, with growth tapering from +1.8% in 2025 to +1.7% in 2026. 

What to watch I December 12, 2024

Companies on a trade war footing, the Fed’s wishful Xmas cut and 2024 going in the books as a record year for insolvencies 

The risks of competitive fragmentation on Europe’s road to net zero

The green transition is a motor for economic growth. In 2023, the clean energy sector alone added USD320bn to the global economy in value added, accounting for 10% of global GDP growth. 

What to watch I December 06, 2024

Unlocking Eurozone consumer confidence, the ECB’s next rate cut and the CORE problem for Europe’s auto sector

The weight is over: How GLP-1 treatments are reshaping pharma and beyond

The pharmaceutical industry is cooking up a storm, with weight-loss drugs serving as the main course. Diabetes and obesity have become the star ingredients driving the sector’s expansion, sidelining traditional staples like oncology and immunology. 

What to watch I November 28, 2024

The 3-3-3 Secretary Bessent paradox in the US, France’s budget turmoil and Central Europe losing competitiveness

From Cyber Monday to Black Friday: how the retail sector is navigating year-round challenges

Retail sales are still strong in the US and recovering in Europe, but uncertainty could derail the ongoing improvement.

What to watch I November 21, 2024

What President Trump means for energy, earnings winter for European corporates, and taking stock after 29 COPs