Azimut Investments - Market Insights

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

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%,...

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...

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...

U.S. forces carried out a military operation in Venezuela, capturing Nicolás Maduro and his wife, Cilia Flores, and transporting them to the United States to face federal charges of drug trafficking amongst others. The operation involved strikes and disruptions in Caracas and has been reported to...

The Search For Opportunities: Active Management In The Shifting Sands Of 2026