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 […]
Nous avons eu le plaisir de recevoir Giuliano da Empoli à Genève pour lui remettre le premier Prix littéraire DECALIA pour son essai « L’Heure des prédateurs », publié aux Editions Gallimard au printemps dernier. La rencontre, animée par Linn Levy au Théâtre Les Salons, a été l’occasion d’un échange riche autour des thèmes au cœur de […]
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 […]
La communauté financière assiste à un tournant décisif. La baisse attendue des taux directeurs américains représente plus qu’un simple ajustement des coûts ; elle devrait servir de puissant catalyseur pour les volumes de transactions sur les marchés de la dette à la consommation, en particulier dans le segment des prêts hypothécaires résidentiels. Nombre d’emprunteurs auront […]
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 […]
Much like Cagliari Calcio, firmly stuck in the same league position, global markets also seem determined to go nowhere fast. This weekend’s Cagliari–Genoa match was the perfect metaphor for global markets: indecisive, breathless, and full of twists, yet ultimately going… nowhere. Nothing collapses, nothing soars, everything drifts in a macro fog where everyone seems to […]
