PLEION SA - Gestion De Fortune

Month: February 2020

Weekly – Investment Adviser

New phase In the latest edition of our weekly financial markets update: The coronavirus epidemic has entered a new phase ; The prolongation of confinements in Chinese cities is delaying economic recovery ; The coronavirus is already having an impact on American eco-nomic activity ; Currencies. Overextended JPY fall ; Currencies. Commodity related currencies review […]

Monthly investment review

STRATEGY AND MACRO Asset Allocation A tidal wave of global liquidity A trade truce, finally End of deflation scare Low odds of a global recession in H1 2020 QE4 maybe. But not for sure… The world has become growingly complex in the past couple of years. Therefore, mega-trends deserve particular scrutiny. They will, one day, […]

Weekly – Investment Adviser

Boris’ 2nd putsch In the latest edition of our weekly financial markets update: Boris’ acceleration could make the UK skip ; Can the UK afford a Trump-like stimulus?; The BoE will, like the Fed, be under increasing pressure; Currencies. Neither risk-on nor risk-off support the EUR; Currencies. Limited impact expected from the pension form reform; […]

Weekly – Investment Adviser

Acquittal In the latest edition of our weekly financial markets update: White House Race ; Congress will be key; Yuan weakness; Bank of Russia admits local real rates are too high; Like for the yuan last year, trade deal uncertainty is weighting on the GBP; The United States: do they really want to buy Nokia […]

Weekly – Investment Adviser

Did you get your certificate? In the latest edition of our weekly financial markets update: Weekly performances; Filtering investments; Early 2000: the acceleration; Big Tech is not immune; Fixed income. US deficit is not a market worry; Fixed income. Fed sticks to its guns; Indices follow their consolidation plan; Amazon back into the $1,000 billion […]

Weekly – Investment Adviser

PERFORMANCES 2020 Equities Bonds MSCI World +0.6% CHF Corp +0.9% S&P 500 +1.3% US Govt +2.0% Stoxx 600 -0.2% US Corp +2.2% Nikkeï -2.9% US HY +0.2% SPI +1.4% EUR Gvt +2.3% China -2.3% EUR Corp +1.3% Emerging -1.5% EUR HY +0.2% Currencies Commodities USD index +1.6% Gold +4.1% EURUSD -1.6% Silver -0.6% EURCHF -1.5% […]