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When micro overtakes macro

With no major economic data coming out of the US due to the ongoing US government shutdown, the earnings season kicking off this week takes on particular importance in these circumstances. What can we expect and what should we be watching for? The consensus expects S&P500 earnings grew 6% yoy in Q3-2025 Economic Calendar Without […]

When micro overtakes macro

With no major economic data coming out of the US due to the ongoing US government shutdown, the earnings season kicking off this week takes on particular importance in these circumstances. What can we expect and what should we be watching for? The consensus expects S&P500 earnings grew 6% yoy in Q3-2025 Economic Calendar Without […]

When micro overtakes macro

With no major economic data coming out of the US due to the ongoing US government shutdown, the earnings season kicking off this week takes on particular importance in these circumstances. What can we expect and what should we be watching for? The consensus expects S&P500 earnings grew 6% yoy in Q3-2025 Economic Calendar Without […]

When micro overtakes macro

With no major economic data coming out of the US due to the ongoing US government shutdown, the earnings season kicking off this week takes on particular importance in these circumstances. What can we expect and what should we be watching for? The consensus expects S&P500 earnings grew 6% yoy in Q3-2025 Economic Calendar Without […]

When micro overtakes macro

With no major economic data coming out of the US due to the ongoing US government shutdown, the earnings season kicking off this week takes on particular importance in these circumstances. What can we expect and what should we be watching for? The consensus expects S&P500 earnings grew 6% yoy in Q3-2025 Economic Calendar Without […]

Central bank independence : Bend or break?

The tug-of-war that has played out for several months, under the spotlight of the media, between the President of the United States and his counterpart at the Federal Reserve, goes far beyond the near-term trajectory of U.S. policy rates. It questions the very role of a central bank and the importance of its independence from […]

Central bank independence : Bend or break?

The tug-of-war that has played out for several months, under the spotlight of the media, between the President of the United States and his counterpart at the Federal Reserve, goes far beyond the near-term trajectory of U.S. policy rates. It questions the very role of a central bank and the importance of its independence from […]

Central bank independence : Bend or break?

The tug-of-war that has played out for several months, under the spotlight of the media, between the President of the United States and his counterpart at the Federal Reserve, goes far beyond the near-term trajectory of U.S. policy rates. It questions the very role of a central bank and the importance of its independence from […]

Central bank independence : Bend or break?

The tug-of-war that has played out for several months, under the spotlight of the media, between the President of the United States and his counterpart at the Federal Reserve, goes far beyond the near-term trajectory of U.S. policy rates. It questions the very role of a central bank and the importance of its independence from […]

Central bank independence : Bend or break?

The tug-of-war that has played out for several months, under the spotlight of the media, between the President of the United States and his counterpart at the Federal Reserve, goes far beyond the near-term trajectory of U.S. policy rates. It questions the very role of a central bank and the importance of its independence from […]

Central bank independence : Bend or break?

The tug-of-war that has played out for several months, under the spotlight of the media, between the President of the United States and his counterpart at the Federal Reserve, goes far beyond the near-term trajectory of U.S. policy rates. It questions the very role of a central bank and the importance of its independence from […]