Azimut Investments - Market Insights
INSIGHTS AND DOCUMENTS
UPDATES FROM THE FINANCIAL WORLD
Global View
The AI Value Shift: Navigating Scarcity, Software Squeeze, and Global Bifurcation
The semiconductor ecosystem, particularly high-performance memory, remains the most attractive area for capital as structural supply...
27 Apr 2026
Global View
ZOOMING OUT FROM THE SHORT-TERM VOLATILITY
The recent pullback in stock markets, combined with the steady improvement in EPS forecasts, has brought stock valuations close to their...
13 Apr 2026
Global View
NAVIGATING PRIVATE CREDIT
Private credit as an asset class has grown to approximately $3 trillion, diven by post-Global Financial Crisis bank retrenchment adn strong...
30 Mar 2026
Global View
Hormuz Chokepoint Hits Global Markets
The closure of the Strait of Hormuz due to the war in Iran caused the largest disruption ever in oil supplies, triggering a surge in prices...
18 Mar 2026
TARIFFS: BACK IN THE LIMELIGHT
The U.S. Supreme Court's 6-3 decision on February 20 invalidated the sweeping "reciprocal" tariffs and emergency declarations applied to major trading partners under IEEPA on April 2, 2025. Within hours, the White House invoked Section 122 to impose a flat surcharge on most US imports
02 Mar 2026
Developed Markets Equity: Q4.2025 Earnings Season
As of this writing, 66% of companies in the US, 45% in Europe, and 88% in Japan have reported earnings. Overall, earnings growth is tracking above consensus expectations. Reported EPS growth stands at +12% YoY in the US and +4% YoY in Europe, implying EPS surprise factors of +7% and +3%,...
16 Feb 2026
HAWKISH SURPRISE?
Last Friday, President Trump announced the nomination of Kevin Warsh as the next Fed chair, pending confirmation by the Senate. As customary, Trump once again surprised the market with this nomination, as Warsh was arguably one of the (apparently) less dovish candidates among the list of...
02 Feb 2026
GEOPOLITICS MESSING (or interfering?) WITH MACROECONOMICS
In the first weeks of 2026, financial markets continued their relentless advance, which is now entering its fourth year. Markets continue to be buoyed by abundant liquidity, which has been expanding once again since the Federal Reserve resumed purchasing $40 trillion worth of T- bills per month...
21 Jan 2026