Long-term rates take center stage again: Government debt comes under pressure while equities hold firm August has shifted the focus of the markets. While in recent months attention had been focused almost entirely on the Federal Reserve and the future path of interest...

July was marked by an increase in geopolitical uncertainty following the escalation of the conflict between the United States and Iran, which triggered a sharp rally in oil prices and placed inflation back at the centre of market attention. The breakdown of the...

June was marked by three factors: the evolution of the conflict between the United States and Iran, the partial normalisation of energy prices and the adjustment of expectations regarding monetary policy. The reopening of the Strait of Hormuz and the easing of...

Over the past few weeks, we have witnessed a growing disconnect between geopolitics and macroeconomics. On one hand, geopolitical tensions have eased somewhat as the probability of a diplomatic agreement between the United States and Iran has gradually increased...

April reminded investors of a principle that is often forgotten on trading desks: markets, unlike newspaper headlines, possess an extraordinary ability to digest tragedy and transform it into pragmatism. Despite the concerning continuation of the conflict in Iran, we...

Until yesterday, market volatility felt like an endless storm. The corrections experienced in March wiped out the gains accumulated during previous months, and pessimism became the dominant tone in every headline. Fears persisted that geopolitical tensions — with the...

Miguel Puertas Socio fundador, Asset Growth EAF March was marked by escalating conflict in the Middle East. Since the outbreak of the conflict, markets have reacted accordingly: equity declines, rising volatility, and increases in energy prices — particularly crude...

March was marked by the military conflict involving Iran, the United States, and Israel, along with the subsequent escalation of tensions across the region. In this environment, markets and corporate valuations fluctuated in response to headlines and political...

Investing in capital markets represents a challenge that combines the need to preserve accumulated wealth with the requirement to generate returns capable of outperforming inflation over a time horizon that — despite what instincts may suggest — remains fundamentally...

February was not a favorable month for either U.S. or Chinese equities. The S&P 500 closed slightly negative, the Nasdaq declined around 2%, and the MSCI China index fell nearly 5.8%. In contrast, the beginning of the year has been particularly positive for...