The final days of September saw a series of stimulus measures be announced by Chinese authorities, catching the financial world by surprise and triggering a sharp rally in the –undervalued – local stock market. The fact that Beijing has decided

Equity market volatility stepped up in August, reflecting a still highly uncertain economic and geopolitical backdrop. The outcome of the US presidential election – now less than two months away – is a particular focus in this regard. On the

July proved an eventful month, to say the least. The assassination attempt on Donald Trump, shortly followed by US President Biden’s decision not to run for re-election, somewhat eclipsed an important development in China, where the ruling Communist Party decided

The latest political developments in the UK and France are two sides of a same coin: a vote of no confidence in prior leadership, considerable (albeit less than feared) gains by extreme right “protectionist” parties, and broad-based hopes for increased

What if the ongoing stock market rally, which has now virtually wiped out the normal risk premium on equities, were due to a “trickle-up” effect of all the money created during (and after) the Covid crisis? Such is the thesis

For now, Western central banks are sticking to their 2% inflation target. Getting there without causing a recession could, however, prove difficult. The combination of second-round effects (whereby higher wages are passed on to consumer prices), a tight labour market

Banque Thaler is very happy to be a partner of this great event organized by BDFil Lausanne. Because Comic Strips are an Art. Incredible what a drawing can bring to communication, convey a message, an atmosphere, a synthesized thought, an

Just when the major financial actors had lowered and postponed their rate cut expectations, better aligning them with Federal Reserve and European Central Bank projections, the Swiss National Bank surprised everyone by cutting its policy rate by 0.25% on 21

Fitting together the pieces of today’s economic and financial puzzle is no easy task. What is the true state of the Chinese economy? How will the geopolitical situation evolve in the Middle East and Ukraine? What will the US presidential

Recent data reports continue to point to a solid economy and receding inflation, particularly in the US. So much so that the US central bank, while acknowledging that monetary policy will indeed be pivoted this year, has advised markets to