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Philippe Waechter's blog

DIRECTOR OF ECONOMIC RESEARCH, OSTRUM AM

A dynamic and cyclical approach to the global economy

  • 442 views

French GDP shrinking in the last quarter

  • 31 January 2020
  • France

Philippe Waechter

Activity contracted during the last 3 months of 2019. Growth for 2020 promises to be more difficult.It will be less than 1% after 1.2% in 2019. French growth was negative…

READ
  • Business Cycle
  • GDP Growth
  • Internal Demand
  • Investment
  • 321 views

Sustained growth in the Eurozone since the beginning of the year

  • 16 August 2017
  • Euro Area

Philippe Waechter

Growth has been robust since the beginning of 2017. In the second quarter, the economic activity was up by 2.5% after 2% during the first quarter and 2.4% in the…

READ
  • Internal Demand
  • 276 views

What could make the ECB change its strategy?

  • 12 June 2017
  • Euro Area

Philippe Waechter

This is the question we could well raise the day after Mario Draghi’s press conference that followed the monetary policy meeting. The President of the ECB was emphatic in convincing…

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  • ECB
  • Internal Demand
  • 363 views

Economic Outlook – September 2016

  • 29 September 2016
  • World Economy

Philippe Waechter

The Economic Outlook issue for September 2016 is now available Economic-Outlook-September-2016

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  • Brexit
  • Business Cycle
  • China
  • ECB
  • Economic Outlook
  • Euro Area
  • Federal Reserve
  • Inflation
  • Interest Rate
  • Internal Demand
  • Japan
  • Monetary Policy
  • United Kingdom
  • United States
  • 364 views

Economic Weekly – Views from Paris

  • 10 February 2015
  • Macroeconomy

Philippe Waechter

The document is available here Economic Weekly-NatixisAM-02-09-2015 Key element of the week starting February 2 US employment has increased a lot during the last three months. The number of jobs…

READ
  • Business Cycle
  • China
  • ECB
  • Greece
  • Internal Demand
  • ISM
  • Labor Market
  • PMI Surveys
  • United States
  • 335 views

Recession is the next step for the Japanese Economy

  • 30 September 2014
  • Actus & Chroniques

Philippe Waechter

I have written different posts on the Japanese economic situation after the VAT rate hike (see here, here and here). This post is an update after the publication of sales…

READ
  • Growth
  • Internal Demand
  • 268 views

Two Worrisome Graphs for the World Economy

  • 7 September 2014
  • Actus & Chroniques

Philippe Waechter

Two graphs can illustrate the uncertainty surrounding the world economy. The first is related to the geographical sources of growth. The second is more specific to the Euro Area. It…

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  • Internal Demand
  • PMI Surveys
  • 401 views

French growth’s fragilities

  • 7 August 2014
  • France

Philippe Waechter

On August the 14th, the French statistical institute (INSEE) will publish the GDP growth number for the second quarter. During the first three months of this year GDP growth was…

READ
  • GDP
  • Internal Demand
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