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Philippe Waechter's blog

DIRECTOR OF ECONOMIC RESEARCH, OSTRUM AM

A dynamic and cyclical approach to the global economy

  • 67 views

The return of the missing link in Spanish growth

  • 24 May 2022
  • Euro Area

Philippe Waechter

Activity in Spain has been severely penalized by the pandemic. Tourists stayed home and the economy suffered. In April, the dynamics are changing giving Spain back the ability to recover…

READ
  • Growth
  • Spain
  • Tourism
  • 88 views

The US economy erases the crisis

  • 27 January 2022
  • United States

Philippe Waechter

US GDP is up 1.7% in Q4 (6.9% annualized). GDP growth is 5.5% YoY in Q4 and 5.7% on average for 2021. The carryover growth for 2022 is 1.9%. GDP…

READ
  • GDP
  • Growth
  • 1.5K views

The biggest break in the American economy?

  • 27 March 2020
  • United States

Philippe Waechter

Are the United States facing the biggest break in activity in their history?This may be the story told by the number of weekly jobless claims.It is linked to the number…

READ
  • Business Cycle
  • Covid-19
  • Employment
  • Growth
  • Jobless Claims
  • 733 views

Covid19 epidemic and the challenge of economic policy

  • 23 March 2020
  • International

Philippe Waechter

The current epidemic crisis is the result of a massive health crisis that would have disastrous consequences without state intervention, and governments’ role here is to curb the extent of…

READ
  • Coronavirus
  • Economic Policy
  • Growth
  • 321 views

Eurozone growth painfully above 1%

  • 31 October 2019
  • Euro Area

Philippe Waechter

GDP growth in the Euro zone is 1.2% (annualized rate) since the last quarter of 2017.The figure of 0.2% (0.75% annualized rate) for the third quarter of 2019 does not…

READ
  • GDP
  • Growth
  • 311 views

France – Robust but unenthusiastic growth

  • 30 October 2019
  • France

Philippe Waechter

GDP growth in France was 1% in Q3 versus 1.1% in the first quarter and 1.4% in the second (annual rate). The carry over for 2019 at then end of…

READ
  • Domestic Demand
  • Economy Policy
  • GDP Growth
  • Growth
  • 338 views

An enduring crisis (part 1)

  • 15 October 2019
  • Politics & Society

Philippe Waechter

The world was thrown into disarray by the financial crisis in 2008 as it was forcibly pushed out of its previous very definite state, with its own momentum and its…

READ
  • China
  • Crisis
  • Growth
  • Innovation
  • Labor Market
  • 352 views

What to expect next week ? (August 12 – August 18, 2019)

  • 9 August 2019
  • International

Philippe Waechter

Highlights => The recent volatility on financial markets, through lower interest rates, was the consequence of lower expectations on global growth after the White House announcements. In the coming week,…

READ
  • Germany
  • Growth
  • Interest Rates
  • USA
  • What to expect
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