Allianz Research

Allianz Global Wealth Report 2024:
Surprising relief

EU climate policy goes global

A CBAM is a game-changer for global climate policy. The need for financing the pandemic recovery package has jump-started the process of introducing an EU Carbon Border Adjustment Mechanism (CBAM).

 

Big Tech and the S&P 500: Look beneath the surface

 

Complementary indicators point to increasing concentration in the S&P 500 market rally: A five-year-long outperformance of the (capitalization-weighted) S&P 500 relative to the equally-weighted S&P 500 and a six-month-long divergence between the (capitalization-weighted) S&P 500 and the ratio of rising-to-falling stocks as well as a fall in entropy, a better metrics of concentration within the S&P 500

 

The global aerospace industry faces a steep cost of contagion

Rising Covid-19 infections will hold back the recovery of passenger demand in H2 2020. This has dealt a blow to new plane deliveries, especially for wide-bodied jets.