Azimut Investments - Market Insights

The long-awaited rebound has finally arrived, driven by central banks or, more likely, by the market's interpretation of what Lagarde and Powell said during the press conference following the central bank meetings.

Inflation has been the dominant theme of the past year, and it is a phenomenon that has almost uniformly affected western countries, as evidenced by YoY changes that are all close to +9%. Inflation rates, however, are expected to diverge significantly in the near future, at least between the...

In the previous report, we argued that rising inflation has forced central banks to halt monetary policies based on QE and zero or sub-zero interest rates. With rising interest rates and a lack of continuous liquidity injections (read: central bank purchases to support asset prices), the market...

The era of zero or sub-zero rates is finally coming to an end after nearly a decade of implementation. The official announcement by the ECB that rates in September will be at or above zero, as well as the SNB's surprise move to raise Swiss official rates by 50 basis points (from -75bps to...

The start of 2022 was one of the worst in the last century, with MSCI World (equity) and Barclays Global Aggregate (bond) indices at -13.3% and -11.6%, respectively, in dollar terms as of last Friday.

Despite the streak of near-record weekly losses and oversold conditions, Fed and other central bank officials have maintained their hawkish stance

At the time of writing, around 60% of developed market corporates have reported Q1 earnings, thus far showing a general positive surprise on both sales and earnings. Considering the severe correction affecting the major global equity indices, and particularly US indices, it is important to...