In the end, Trump secured victories across the board. Career politicians around the world have demonstrated their incompetence in dealing with someone from the business world.

In the end, Trump is getting everything he wanted. For the time being, without adverse  effects. The “One Big Beautiful Bill Act” (hereinafter "OBBBA") was signed into law on  July 4. Almost simultaneously, Trump began sending letters with the new tariff rates to  countries that...

Here we go again. Another about-face. After vowing to swiftly resolve the long standing conflicts in Ukraine and Gaza, to prevent any new wars during his presidency,  President Trump has now unilaterally entered the Israeli-Iranian conflict. It’s a  hazardous gamble - but one with the...

On May 28th, the U.S. Court of International Trade issued an injunction blocking most  tariffs imposed under the International Emergency Economic Powers Act (IEEPA),  excluding sector-specific levies on steel and aluminum. Shortly after, the Court of  Appeals overturned the...

After the break dedicated to the review of the first quarter earnings season, we return  to our analysis of the macroeconomic environment and evolution of market  conditions

At the time of this writing, over 70% of developed markets companies have reported their Q1 results.

Financial markets have experienced another wild ride over the past two weeks, still heavily impacted by Trump's actions.

As anticipated in the last commentary, April 2nd unfortunately did not mark a “Liberation Day” from the pervasive and frustrating uncertainty caused by Trump's tariff saga.