Markets this week have been gripped by apprehension over the potential fallout in the banking system from the abrupt end...

Uncertainty over how long it will take to tame inflation has kept the US Federal Reserve (Fed) and European Central...

Back in mid-January, all the talk was of when the US Federal Reserve would begin cutting interest rates – when...

One development of note since the start of February has been the upward revision of the ‘terminal rate’ – the...

What a difference a year makes. At the start of 2022, the US S&P 500 index was trading at 22x...

‘Stagflation’ – stubbornly high inflation and weakening economic growth – is the cause of a monetary policy dilemma for the...

2023 to date has seen financial markets race higher. Valuations of equities, bonds and risky assets generally have rallied on...

One of the most consensual views recently had been that the US (and perhaps Europe) would enter recession at some...

At our annual Investment Symposium, investment teams from across BNP Paris Asset Management debated the macroeconomic themes with the potential...

The surge in equities and fall in long-term bond yields in the first few weeks of January suggested that investors...

The latest data suggests that the US economy is headed towards a period of below-trend growth, if not outright recession....