On the US – China agreement
World trade is hampered by measures taken by the White House. The agreement with China reflects a degraded situation compared to the period before the trade war. We are looking…
Philippe Waechter's blog
The US labor market momentum
US households remain confident about the labor market robust momentum. The “more optimistic” trend is picking up again “It’s easy to find a job” This is rather auspicious for the…
Impeachment – The future is not written
According to Rolling Stones, 55% of Americans support the possibility of an impeachment of Donald Trump. If this situation is confirmed by other polls, the choices of Republicans in Congress will…
The recession is at the corner
Investors do not see how to exit from uncertainties. They rush on non-risky assets. The recession at the corner #monetarypolicy #recession In the past, when all market rates on the…
The pace of the US labor market is changing
T he US job market has really changed pace in the past six months. It stabilizes but the trend is not on the downside yet. It will be for the…
The Fed cuts its rate
The #Federal Reserve drops it’s rate by 25bp to 2.00-2.25%. Reasons are too low inflation rate and global uncertainty. It’s a kind of preemptive move which is quite weird. Usually…
Dollar set to remain the reference currency for a long time yet
In a recent opinion piece, the German foreign minister Heiko Maas discussed how Europe needs to reassess its partnership with the United States, stating that the two areas have been…