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As every month, you can read our investment report, in which we offer you a macroeconomic analysis of the market, […]

As every month, you can read our investment report, in which we offer you a macroeconomic analysis of the market, […]

As every month, you can read our investment report, in which we offer you a macroeconomic analysis of the market, […]

As every month, you can read our investment report, in which we offer you a macroeconomic analysis of the market, […]

As every month, you can read our investment report, in which we offer you a macroeconomic analysis of the market, […]

Numerous macro and microeconomic tailwinds supported the equity markets in May (MSCI Europe NR +3.3%, MSCI USA NR +4.7%). Good […]

Equity indices retreated in April (MSCI Europe NR -0.9%, MSCI USA NR -4.2%), temporarily interrupting the impressive bull run that […]

Equity indices continued to rise in March (MSCI Europe NR +3.9%, MSCI USA NR +3.1%). The impressive rally that began […]

The market made further progress in February (MSCI Europe NR +1.9%, MSCI USA NR +5.3%). The resilience of global economic […]

The macro environment continues to be favourable for equities (MSCI Europe NR +1.6%, MSCI USA NR +1.5% in January). Economic […]

Equity indices closed December on a high note (MSCI Europe NR +3.7%, MSCI USA NR +4.7%), with 2023 remaining an […]

Equity indices rose strongly in November (MSCI Europe NR +6.4%, MSCI USA NR +9.4%). The good inflation figures were reassuring, […]

Equity indices fell in October (MSCI Europe NR -3.6%, MSCI USA NR -2.3%). This was the 3rd consecutive month of […]

While the resilience of the global economy had buoyed equity indices in July, they declined in August as long-term yields […]

Equity markets continued to rise in July (MSCI Europe NR +2%; MSCI USA NR +3.4%). A combination of several favourable […]

The global economy is surprisingly resilient, and this is reflected in the powerful appreciation of equity indices in June (MSCI […]

May was a month of contrasts for equity indices. They rose in the United States (S&P 500 NR +0.6%) and […]

Equity indices performed well in April (MSCI Europe NR +2.5%, MSCI USA NR +1.2%). Corporate quarterly earnings have been very […]

The banking sector’s woes reignited systemic fears in March. Volatility has made a comeback and is emerging from a long […]

European equity indices stood out again in February (MSCI Europe NR +1.8%), unlike the US indices (MSCI USA NR -2.4%). […]

Equity indices rose strongly in January (MSCI Europe NR +6.8%, MSCI USA NR +6.5%), extending the powerful rebound that began […]

Equity indices fell in December and ended the powerful rally seen since the end of September. As we approach 2023, […]

In November equity indices continued their strong rebound, first initiated in October. The MSCI Europe NR index and the S&P […]

Equity indices rebounded strongly in October, returning to their early September levels. For the fifth month in a row, we […]

September was a challenging month for equity indices, which are now trading below their early March lows in Europe and […]

After an encouraging rebound for markets in July, equities resumed their downward trend in August. The MSCI Europe NR and […]

The second half of the year is kicking off with a bang for equity investors (Stoxx 600 NR +6.1%, S&P […]

Equity indices closed the final month of the first half of the year with a sharp decline (MSCI Europe NR […]

Nearly two and a half years after the discovery of the Coronavirus, we continue to observe a rare succession of […]

Inflation is reaching record levels, interest rates are tightening, war is taking hold in Europe and 180 million Chinese are […]

Equity indices rose in March (MSCI Europe NR +0.8%, MSCI USA NR +3.5%), above their pre-Ukraine invasion levels. The YTD […]

The beginning of 2022 will long remain engraved in our memories. It is indeed rare that such a succession of […]

Equity indices are entering 2022 with a first month of decline and a resurgence of volatility (MSCI Europe NR -3.2%, […]

The month of December closed out a very rewarding 2021 for equity investors. Fears about the emergence of the Omicron variant […]

Equity markets declined in November (MSCI Europe NR -2.5%, MSCI USA NR -1.0%). Investors were cautious as the revelation of a […]

Equity markets resumed their ascension in October (S&P 500 NR +7.0%, MSCI Europe NR +4.7%) and new historical highs were […]

Equity indices were down in September (MSCI Europe NR -3.0%, S&P 500 NR -4.7%), which is the first negative monthly […]

Equity indices continued to rise in August (S&P 500 NR +3.0%, MSCI Europe NR +2.0%), and new all-time highs were […]

Equity indices continued their progression in July (MSCI Europe NR +1.85%, S&P 500 NR +2.35%), reaching new historical records on […]

June was a good month for equity indices (S&P 500 NR +2.3%, MSCI Europe NR +1.7%), which recorded their fifth […]

Equity indices posted a positive performance in May on both sides of the Atlantic. The MSCI Europe NR rose by +2.6% […]

Equities maintained their bullish trajectory in April, with the MSCI Europe NR rising by 2.1% and the S&P 500 NR […]

March saw the equity markets continuing their upward trend (MSCI Europe NR +6.5%, S&P 500 NR +4.3%), the entire impact […]

The month of February was again favourable for equity investors (MSCI Europe NR +2.5%, S&P 500 NR +2.7%) and a […]

After the market euphoria of the end of 2020, equity indices fell by -0.7% in Europe (MSCI Europe NR) and […]

2020 ends on a positive note. In December, the equity indices rose by 3.8% in the United States (S&P 500 […]

The month of November was marked by a historic surge in equity indices, coupled with a powerful sector rotation. We […]

The climate suddenly darkened in October with the resurgence of the Coronavirus epidemic in Europe and the rise in terrorist […]

Equity indices declined in September (MSCI Europe NR -3.3%, S&P 500 NR -3.8%). It seems the impressive rally in equities […]

The stock market “Recovery” initiated in March was further extended in August. The American indexes beat their historical record again, […]

After three months of a strong equity rally, the month of July ended on a more stable note. There was […]

The V-shaped recovery in the equity markets continued in June. Since the March lows, the STOXX Europe 600 has risen […]

Equity markets continued in May the rally that started in mid-March. This recovery is linked to the gradual lifting of […]

After the stock market crash in March, equity markets rose sharply in April (MSCI Europe NR +6.1%, S&P 500 NR […]

In the unprecedented international health situation we are facing, markets have fallen sharply. The first 3 weeks of March were […]

Equity markets suffered a severe correction in February. The S&P 500 NR fell by 8.3% and the MSCI Europe NR […]

After a very successful year in 2019, the equity markets started the calendar year on a high note, before correcting […]

In December, the equity markets posted their fourth consecutive month in uptrend (S&P 500 NR +3.0%, MSCI Europe NR +2.1%). […]

In November, the equity indices kept on rising (S&P 500 NR +3.6%, MSCI Europe NR +2.7%) and have performed remarkably […]

The bullish trend in the markets was maintained in October. US equities rose by +2.1% (S&P 500 NR) and European […]

The months follow one after the other with noticeable inconsistency. Consequently, September 2019 marks a disruption in the general trend […]

August was dominated by a revival of geopolitical tensions. The Sino-American struggle over international trade has indeed intensified. Donald Trump’s […]

Equity indices were up again in July, although the performance was modest. And it was once again the central banks’ communication […]

June was characterized by a strong appreciation of the equity markets, which returned to their end-April level, the highest level […]

May appears to be the first month of decline for equities in 2019. This consolidation may seem logical after the […]

April was dominated by a continuation of the bullish rally on equities. This was the fourth consecutive month of gains. […]

In March, equity indices continued their spectacular rebound that started at the end of December. US equities, up +13.6% since […]

In February, the equity markets resumed their rebound, initiated at the end of December, and produced their best annual start […]

January was marked by a strong rebound for equities. The MSCI Europe NR rose by 6.2% and the S&P 500 […]