Perspectieven en actualiteiten.

At its June 4 meeting in Vienna, OPEC agreed to rein in supply amid a slowdown in the global economy.

Buoyed by the strong enthusiasm for artificial intelligence, Nvidia entered the very closed circle of giants with a market capitalisation of more than USD 1,000 billion on 30 May.

Edmond de Rothschild Corporate Finance has advised Aquila Group, a French real estate asset manager, in the opening of share capital to Catella.

Over the weekend of May 27-28, Joe Biden and House of Representatives speaker Kevin McCarthy reached an agreement to suspend the US debt ceiling until 2025.

Markets are nervously watching to see how the US debt ceiling crisis pans out. In the meantime, they have to deal with confusing economic data and the latest CPI from the UK has called the ongoing disinflation process into question.

Interest rate volatility stayed high ahead of the Fed and ECB meetings in the week starting May 1st.

US jobs data for March showed just how resilient the market is. And a sharp slowdown in inflation proved that monetary tightening had fed through to the economy.

The US failed to take the opportunity of falling oil prices to rebuild its strategic stocks and now OPEC has surprised markets by cutting output by 1.6 million b/d.

The equity markets have risen sharply overall since the start of the year, but this solidity is not what it seems when analysed, given that these surges are so focused on a few large caps in the US (and, to a lesser degree, in Europe).

The private equity market has long been confidential and the exclusive preserve of professional investors, but is now appearing in a growing number of portfolios that wish to more directly participate in the development of the real economy.

Today is International Day for Biological Diversity.   8 billion humans on Earth, the new record reached at the end of 2022, will put the planet’s resources under increasing pressure. Global population growth – fourfold in less than one century – is a major challenge for biodiversity. 

In 1973, when Baron Edmond de Rothschild learned the Château Clarke was for sale, he began to dream. Yet the winery lay abandoned. At the same time, a few kilometres away, Château Margaux and its Premier Grand Cru Classé were also on the market.