The vaccination against the recession…
The imminent deployment of the anti-Covid vaccines raises high economic expectations. Are they exaggerated? The imminence of the anti-Covid vaccine has already boosted stock markets and generated [...]
Janet and Jerome, the return of “Entente Cordiale”
Hailed by the markets and beyond, Janet Yellen has no real opponents. She may face no less oppositions I won’t hide it, I’m one of her fans! I had the chance to meet Janet Yellen when [...]
RCEP, when China spreads her wings
The RCEP, free trade agreement seals the Asian and even more the Chinese “pivot”. As impressive as it is, it bears many ambiguities. It is the agreement of the century and the one of all records. [...]
The Fed at sixies and sevens
As expected, Jérôme Powell delivered the Fed’s new long-term monetary strategy to Jackson Hole. It leaves a taste of unfinished business. The Jackson Hole Symposium (this year held at a [...]
Back-to-school mapping : from rebound to breathlessness
The rebound in the economy is showing signs of faltering, but not the pandemic. More importantly, both are mutating. With the release of GDP statistics, the summer has brought confirmation of the [...]
It’s time to look beyond Covid-19
After several weeks of confinement, the conditions and the organization of the return to normal activities remain to be specified and will not be without risk. When will I see my hairdresser [...]
Flooded with cash
Central banks have become “lenders of first resort”. Shouldn’t they return this role to traditional banks? Containment will surely have unexpected effects. It may be that the [...]
Asia, shock in return
The battle against the Covid-19 is far from won in Asia. But China is already trying to write its history. Captured by our own fight against the Covid-19, subject to the constraints of [...]
