Biden, the leap forward

President Biden hits inauguration running. How far will the markets follow him? Since the launch of his campaign, Joe Biden has had to overcome many obstacles to reach this inauguration ceremony, [...]

Magic Money

The COVID crisis whets the most extreme appetites in favor of money creation. But remember that there is “no such thing as a free lunch”… From “helicopter money” to debt [...]

It ain’t over yet…

An interview by Swiss journalist  Yves Hulmann for allnews.ch, on May 12, 2020 For Valérie Plagnol, the action of central banks underpins the rebound in the markets. The lack of visibility [...]