Davide Serra: cosa ho imparato a Davos
Resilienza dell'Unione Europea, inaspettato ottimismo, riapertura della Cina e il ruolo della guerra nelle relazioni internazionali. Questi alcuni dei punti chiave che sono emersi al World Economic Fo...
20 Jan 20237min
Davide Serra: What I learnt in Davos
Some of the key takeaways from the World Economic Forum 2023 in Davos: The resilience of the European Union, unexpected optimism, China's reopening, hawkish central banks and the role of war in intern...
20 Jan 20236min
The financial sector: an increasing area of focus for investors.
Bond and equity markets hit an air pocket in September 2022 as central bankers got serious about raising interest rates to tackle inflation. Both markets are now down around 20% YTD, with the S&P 500 ...
4 Nov 20226min
Back to the Future
Until the end of 2021, macroeconomic volatility seemed a thing of the past. Secular stagnation would keep inflation low forever, paving the way for indefinite financial repression. Fiscal discipline w...
19 Okt 202216min
Fight Your Fear
When fortunes are lost, fortunes can be made. Timing can make all the difference between the two. June marked an important month in the ongoing bear market, as by month-end many “buy boxes” had been t...
1 Aug 202210min
Dip Your Toes
The longer the party, the worse the hangover. The old adage certainly applies to 2022. The Fed’s balance sheet is 3x larger than it was in 2019, and easy money turned into all-time high household weal...
20 Juni 202213min
Wartime Economics
Wars are symptoms of broader trends. WWI marked the end of the globalization started with the industrial revolution, and WWII the beginning of a new era of global integration. The Russian invasion of ...
5 Maj 202213min
Ukraine conflict: thoughts on Russian gas and the wider impact of sanctions
Russia's invasion of Ukraine raises important questions about whether or not financial and economic sanctions can work as intended. The scenario around Europe's ability to significantly reduce or remo...
25 Mars 20228min
