Análisis Macro y Estrategia de Inversión
AXA Investment Managers desarrolla una amplia investigación para generar un análisis con visión de futuro para nuestros clientes. También nos permite mejorar la rentabilidad de los gestores de carteras y desarrollar soluciones basadas en perspectiva.
569 publicaciones disponibles
UK Budget: Next steps, not complete vision
David Page, Head of Macro Research, comments on the UK Budget and outlook for medium-term public finances.
Walking and Talking
Fed speakers "talked dovish" but did not push back against the rise in yields, which unsurprisingly continued. The ECB is more pro-active.
And now to the ECB (again)
Real long-term interest rates rose in the Euro area last week, following the US reaction to the Biden plan.
Keynesians vs. Keynesians
The debate between Lawrence Summers and Paul Krugman on the risks stemming from Biden’s fiscal stimulus is all but an obscure academic dispute. The questions they raise are key to the trajectory of l ...
The Rimini Platform
We look into the likely agenda and the chances of success of a Draghi premiership in Italy, in particular drawing from a wide-ranging speech he gave in Rimini in August of last year.
Policy Manoeuvres in the Dark
There is some talk of taking the deposit rate further down in some quarters of the European Central Bank (ECB), to try to stem the recent appreciation of the euro.
Macrocast - Trading Complexity
This week we take a breather from commenting on the latest developments on the pandemic, the cycle and policy-making to focus on trade and investment relations between the US, China and the European ...
Accumulating signs of cyclical softness in the US may help Biden’s massive stimulus through Congress, but some compromise will be needed.
Biden’s Fiscal Reflation
We finally have a clear picture of the parliamentary parameters for Biden’s economic policy. The fiscal push may be a headache for the Fed, and we expect market pressure on the central bank to peak w ...