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Philippe Waechter's blog

DIRECTOR OF ECONOMIC RESEARCH, OSTRUM AM

A dynamic and cyclical approach to the global economy

  • 91 views

Activity is running out of steam in Europe, the 5th wave is the explanation

  • 16 December 2021
  • Euro Area

Philippe Waechter

The uncertainty linked to the new variant of the Covid weighs on economic activity in December.All the survey indicators for the month are deteriorating. This is particularly the case for…

READ
  • Business Climate
  • INSEE
  • Markit Surveys
  • United Kingdom
  • 346 views

INSEE is confident on the French economic profile.

  • 8 September 2020
  • France

Philippe Waechter

INSEE forecasts a GDP contraction of -9% in 2020, which would be consistent with the convergence to the 2019 GDP level as soon as 2022. This is the hypothesis I…

READ
  • Employment in France
  • French GDP Growth
  • Health Crisis
  • INSEE
  • 653 views

The French economy hit hard by the epidemic

  • 26 March 2020
  • France

Philippe Waechter

The French economy is operating at 65% of its capacities at the end of March. INSEE shows the importance of a containment of limited duration INSEE published the note we…

READ
  • Business Cycle
  • Coronavirus
  • Growth during the epidemic
  • INSEE
  • 508 views

French households concerned but not worried

  • 8 January 2020
  • France

Philippe Waechter

Households do not like the uncertainty caused by the social movement since December. Until then their outlook was very optimistic. They are less so, but do not show any break.…

READ
  • Consumer Confidence
  • INSEE
  • 385 views

What to expect this week ? December 16 to 22, 2019

  • 16 December 2019
  • News & Chronicles

Philippe Waechter

Markit Surveys (Flash estimates for December), IFO survey, INSEE Climat des Affaires, the Italian Business Survey, the industrial production in China and in the US, Retail sales in China, Meeting…

READ
  • Bank of England
  • China
  • IFO
  • Industrial Production
  • INSEE
  • Markit Survey
  • US
  • 402 views

What to expect this week? November 18 to 24, 2019

  • 17 November 2019
  • News & Chronicles

Philippe Waechter

HighlightsMinutes of the last Fed’s meeting (Nov. 20) and of the last ECB’s meeting (Nov.21)The Fed’s minutes will reveal the discussions on the drop of the Fed’s benchmark rate but…

READ
  • Business Cycle
  • ECB
  • Federal Reserve
  • France
  • INSEE
  • Markit
  • Monetary Policy
  • United Kingdom
  • US Existing Home Sales
  • 302 views

What to expect this week: October 21 to 27, 2019

  • 20 October 2019
  • International

Philippe Waechter

Highlights The ECB meeting (October 24) will be the most important event of the week.During last meeting, the ECB adopted a very accommodative monetary policy stance. This led to important discussions…

READ
  • ECB
  • IFO
  • INSEE
  • Mario Draghi
  • Markit Survey
  • 303 views

What to expect next week? September 23 to 29, 2019

  • 22 September 2019
  • International

Philippe Waechter

Highlights Corporate surveys will highlight the business cycle foreseeable future. The IFO will be released on Tuesday 24 as will be the French Climat des Affaires. The French momentum is…

READ
  • Business Cycle
  • Consumer Confidence
  • France
  • Germany
  • IFO
  • Inflation
  • INSEE
  • Markit
  • USA
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