It's complexity that nips in the bud the certainties that investors dream of basking in, especially when reality defies feelings. The gains accumulated since the beginning of the year remain substantial and largely reflect the weight of technology in stock indices. In October, however, a new sentiment moved the markets: the S&P 500 lost 0.9% and [...]
NOVEMBER COMMENT 2026 - FROM BOND VIGILANTES TO CAPEX VIGILANTES