Written by Alfredo Piacentini, Managing Partner of DECALIA As we draw up the 2025 year-end assessment, index performances closed in positive territory. Yet for investors and portfolio managers, the year has been anything but smooth sailing. It has been marked by heightened geopolitical tensions and economic challenges, with equity markets experiencing both an unusually high […]
Artificial intelligence (AI) is driving a rapid and profound transformation of business models in the software, consulting and IT services sector. The number of corporate clients recently put forward by OpenAI and Anthropic, one million and 300,000 respectively, reflects an adoption rate far higher than anticipated, fuelling stock market nervousness and weighing on valuation multiples. […]
This is my last weekly letter of the year. So, it’s time to step back and look at how I scored on my 10 predictions for 2025. Even if the year isn’t officially over yet, we can already affirm that it has been an incredible eventful and fascinating year on markets (once again!), which have […]
For once, the title of my editorial has nothing to do with Cagliari’s incredible victory over Roma last week or the supernatural goal scored against Atlanta yesterday… but rather with what is happening on the US repo market and the concerns this seems to be raising within the Fed. As widely expected, the Fed cut […]
DECALIA is pleased to announce the strengthening of its Wealth Management expertise with the arrival of Andrée Poliak Narbel as Senior Private Banker in Geneva, as of 1 December 2025. Leveraging her experience across both the Swiss and Eastern European markets, built initially at UBS in wealth planning for UHNW clients and then over more […]
The financial community is witnessing a decisive pivot. The anticipated decline in US benchmark interest rates represents more than just a cost adjustment; it looks set to serve as a powerful catalyst for transaction volumes across consumer debt markets, particularly in the residential mortgage sector. Indeed, a vast pool of borrowers will have a clear […]
Welcome to December! Celebrations are coming… According to the seasonality patterns, you have nothing to fear anymore for the next few weeks since the Santa Rally will now take care of bringing your portfolios accumulated YTD returns, included an additional last mile boost, directly under your Christmas Tree. For that, you just need to believe […]
