Financial crisis


Credit Crunch in the U.S

Published by Laurent Maurel | Oct 19, 2023 | 9382

The rise in interest rates initiated by the Fed has had a devastating effect on bonds, which were massively purchased by banks, insurers and pension funds when rates were low. The question is whether this fragility in the banking and insurance sector is likely to trigger a credit crunch.

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Bond Markets Remain Under Stress

Published by Laurent Maurel | Oct 5, 2023 | 12066

The current bond crash is historic. The EDV ETF, which measures the price of very long-dated US Treasuries, has fallen by 58% in just over a year. The bond market's current fall is now greater than that recorded by the equity market during the last financial crisis in 2008 (-56%).

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Central Banks and Inflation: Where Are We Headed?

Published by Julien Chevalier | Oct 3, 2023 | 8443

As central banks continue their headlong rush to the top, they are faced with a Cornelian dilemma: bring inflation down to 2% at the risk of triggering an unprecedented economic and financial crisis, or allow prices to rise, which would call into question their mandate and lead to social upheaval.

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Is Inflation Boosted by Oil?

Published by Philippe Herlin | Sep 28, 2023 | 9157

The ECB has just raised its deposit rate to 4% and halted its sovereign debt repurchases, with the stated aim of stamping out inflation. Unfortunately, this will probably have little effect, as oil prices are slowly but surely climbing.

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A Brief History of the Gold Rush

Published by Julien Chevalier | Sep 19, 2023 | 10279

Some people know the story of the Gold Rush from the Charlie Chaplin film, others from TV shows or books of all kinds. At the very least, historians consider this period to be one of the most significant of the 19th century. Both fascinating and structuring, it is particularly revealing of American...

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Weakened Economy, China Looks Beyond Its Borders

Published by Julien Chevalier | Sep 5, 2023 | 11395

It is becoming clearer an clearer that China will not be the leading power in tomorrow's world. Since the pandemic, China's economy and banking sector have been in dire straits. The country is looking for new sources of growth. At the BRICS summit, held in Johannesburg from August 22 to 24, Xi Jinpi...

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